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When Your Condo Is Damaged

Cory Gilliam
Publication date:
August 10, 2021
Article Summary: 

When a condominium faces an insurable loss, it can lead to various challenges in communication, claims handling, and cost control. To effectively manage these challenges, many condominium management companies and insurance brokers are turning towards control adjusters. Control adjusters are provincially-licensed independent adjusters who can assist in managing claims, communicating with all parties involved, and ensuring timely payments. Having a consistent control adjuster for every loss helps maintain continuity in claims handling and reduces the workload and stress for condominium managers and boards. Control adjusters can assist with first response, investigation, evaluation, negotiation, settlement, and liability matters, ultimately helping to minimize costs and keep insurance premiums lower in the long run.


Condominium insurance, insurable loss, control adjuster, claims handling, communication, cost control, insurance premiums, continuity, first response, investigation, settlement, liability, condominium management, insurance broker.

Source Citation: 
Cory Gilliam
When Your Condo Is Damaged
August 10, 2021
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