A fairly new property to FirstService Residential’s management, we were able to save Pinnacle Living on Broadway $14,000 in premium at their July 2019 renewal, a considerable feat given the hardness of the condo/strata insurance market. In addition to the savings, the Strata Corporation received extra perks: a higher ERC, a higher limit of ALE, along with $5MM in blanket property extensions.
As our benefits extend far past coverage enhancements (and premium savings!), the council was happy to receive value-add benefits such as interest-free financing for one year and an invitation to partake in our complimentary loss prevention assessment program—worth several thousand dollars on its own!