INSURANCE DEDUCTIBLE INCREASE

MEMORANDUM

TO: All Owners of Strata Corporation BCS2563 – “Creekside”

DATE: Thursday, October 21, 2021

RE: INSURANCE DEDUCTIBLE INCREASE

Dear Owners, Please be advised the following deductible has increased as per the 2021/2022 insurance renewal policy effective October 11, 2021: Earthquake: 15% (previously 10%)

There are no changes to the following: All Risks: $25,000 Sewer Back-up: $100,000 Water Damage: $100,000 Flood: $100,000 Lock & Key: $2,500

Please contact your home insurance provider to verify you have adequate insurance coverage for your unit.

Thank you for your attention. Should you have any questions, please feel free to contact the Strata Agent.


See PDF Attached



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