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When reading the insurance policy, there are many terms about valuation. Actual Cash Value: the fair or reasonable cash price property would bring in a fair market, allowing for depreciation. Assessed Value: The valuation placed on property by a public...
First of all, the building is covered by your Strata insurance policy. So, no need to worry too much about your building, including structure, roof, wall, etc. But the others are not covered by your strata insurance policy. That is...
Last weekend, there were reports on a higher probability of an earthquake in western canada. CBC news said: Seismic scientists say there is a greater probability of a major earthquake on B.C.’s South Coast in the next week, following a...