Signal Hill, a 222-unit strata building in Fort McMurray, Alberta, recently engaged FS Insurance Brokers to obtain a quote for their insurance renewal resulting from poor service on the part of the incumbent provider. This condo corporation had just two claims on file: one from the 2016 wildfires and another as a result of sewer backup.
BFL Canada presented a renewal option that also added coverage for Pollution Liability, Volunteer Accident, Legal Expense, Privacy Breach and Terrorism, none of which were previously offered. Additionally, the renewal included 130% extended replacement cost coverage, which would be extremely beneficial in the case of a total loss. Even with these extra and improved coverages, the proposal provided an overall savings of $15,896 on annual premiums versus the incumbent offer!
The board was very pleased with the BFL package, providing good reason for them to continue their relationship with FirstService Residential.