Vancouver Sun ePaper

Condo insurance should be an election issue

Housing is a hot-button issue in the coming municipal and provincial elections. What is missing in that important discourse is: How do we solve the dumpster fire of condo insurance that is getting more unaffordable year after year? Many homeowners are at a point of desperation as private insurance won't cover them, even at exorbitant premiums. Instead of paying lip service, I'd like different levels of government to undertake initiatives to ensure all condo owners can get affordable insurance by adopting something like the ICBC model.

This is an integral component in the affordability equation. After all, what good is more supply if you can't afford to stay in those housing units?

Frederick Kwong, Vancouver

OPINION

en-ca

2022-10-04T07:00:00.0000000Z

2022-10-04T07:00:00.0000000Z

https://vancouversun.pressreader.com/article/281663963896999

Postmedia