Are you properly covered for
Water Damage?

Ask us about our exclusive 'Excess Water Damage Deductible' product.

Are you properly covered for Water Damage?

Ask us about our exclusive 'Excess Water Damage Deductible' product.

Condominium Owners

ASK US ABOUT OUR EXCLUSIVE 'EXCESS WATER DAMAGE DEDUCTIBLE' PRODUCT!

Present market conditions continues to significantly impact Strata Corporation Insurance.

Water Damage deductibles on condominium building policies have increased substantially, leaving condominium unit owners responsible for paying that deductible where the water loss originates from their unit. Access to sufficient limits may not be available under your condominium unit owners policy, especially as of late. Johnston Meier now has a solution for that problem!

We are pleased to announce our Excess Water Damage Deductible product, exclusive to Johnston Meier! This product provides affordable coverage up to $175,000 in excess of the water damage deductible limit on your condominium unit owner policy.

This helps cover/bridge the gap between the Strata building policy deductible AND the maximum deductible limit available under your personal condominium unit owners policy.

Example

If the water damage emanates from within an individual unit in the building and not from the common property, unit owners can be held responsible to pay these high deductibles.

A unit owner can purchase deductible assessment insurance under their personal condominium unit insurance policy to cover this exposure. However, in many instances, personal condominium unit insurance policies may be capped at anywhere from $25,000 to $250,000, which may not be enough to keep up with the increasing Strata Corporation building insurance deductible.

At Johnston Meier, we have solutions to increase your personal condominium unit deductible limits up to $425,000 to help cover/bridge the gap.

$275,000

Strata Corporations building insurance - water damage deductible

(The amount you could be responsible for if a water loss originates from your unit)

$100,000

Personal condominium unit owner insurance - water damage deductible assessment limit.

(The amount your Personal Condo Policy will cover if a water loss originates from your unit)

$175,000

Amount we can offer to bridge the gap

(Subject to a $1,000 Deductible. Higher limits may be available)

ASK US!

Contact your Johnston Meier Insurance Advisor for more information.

Loss Prevention Tips

To prevent and/or mitigate your exposure to water damage loss assessments by considering these helpful tips:

  • Install water leak detection sensors on major appliances that either use water or connect to waterlines
  • Use braided metal supply lines on all appliances that are connected to a water source. Braided metal hoses are far more resistant to leaks compared to standard rubber hoses that may come with your appliances
  • Only use your washing machine, dishwasher or other major appliances when you are home, enabling you to react quickly to prevent a loss
  • Regularly maintain major appliances
  • Regular checks include, but are not limited to:
    • joint seals around bathtubs, showers and sinks. Where there is signs of wear, reapply sealant
    • drains under your sinks to make sure there is no slow leaks
    • Place droplets of food coloring in your toilet’s tank. If the coloring appears in the toilet bowl this may indicate a leak
  • Consider replacing water heaters every 10 – 12 years. Ensure a spill tray (connected to the floor drain) is below the water heater, allowing water to escape safely in the event of a leak
  • Educate yourself:
    •  locate water shutoff valves so that you know where to turn water off quickly in an emergency
    • Understand your strata building policy coverage, how your building defines “common spaces” and what your possible assessment may be in the event of a water damage claim

Leaving town for a while?

  • Ensure the water supply to your unit is turned off
  • Have a friend or a family member check-in on your property during your absence

Loss Prevention Tips

To prevent and/or mitigate your exposure to water damage loss assessments by considering these helpful tips:

  • joint seals around bathtubs, showers and sinks. Where there is signs of wear, reapply sealant
  • drains under your sinks to make sure there is no slow leaks
  • Place droplets of food coloring in your toilet’s tank. If the coloring appears in the toilet bowl this may indicate a leak
  • locate water shutoff valves so that you know where to turn water off quickly in an emergency
  • Understand your strata building policy coverage, how your building defines “common spaces” and what your possible assessment may be in the event of a water damage claim

Leaving town for a while?

  • Ensure the water supply to your unit is turned off
  • Have a friend or a family member check-in on your property during your absence

Testimonials

WHAT OUR CUSTOMERS HAVE TO SAY

We've been with this company over 20 years for business, residential and auto coverage. Trustworthy, top level service year after year from knowledgeable, courteous staff. Absolutely recommend for all types of insurance.

Patti & John Donnelly

Jopa Builders Ltd.

We've been with Johnston Meier ever since we started our Home Improvement Company. Garrin & his staff always impress with their attention to detail and customer service. Couldn't be happier

GL Installations

 

We've used the Johnston Meier Mobile department since opening Maple Ridge Hyundai. We can always rely on them to provide our customers and staff with quick efficient service and highly recommend them.

Karen Souza

Finance Manager


All the staff at your office always provides the highest standard of performance of any business I deal with.

Wilf Zemke


 

We are delighted with the personalized service you provided us in tailoring our insurance package to our needs and went out of your way to direct us to savings options, including the credit score discount!

Don & Judy Pohl


 

Johnston Meier Insurance Agencies Group goes the extra mile to ensure their clients are truly taken care of. The staff gives us a lot of personal attention, and we certainly recommend the insurance agency to everyone.

Doug & Yvette Schwartz


 

Five Stars
In all the years of dealing with insurance companies, I have never been treated so exceptionally well before! Shari Kidney made my experience amazing, she was extremely helpful, kind, and professional. She made a normally stressful task, quick and easy. Absolutely excellent customer service, I left the office feeling like I mattered and I highly recommend the Johnston Meier Group! Thank you Shari.

 


 

We appreciate Trish's professional expertise & trust her to ensure we have the proper coverage for our needs. Thank you for years of keeping us safe.

Mick & Joyce Godwin


 

I have been through a series of moves including building a new house, furniture in storage, renting for a short period, etc.  Colleen at your Salmon Arm office took care of all the steps along the way, explaining everything and following up as necessary. Thanks!

Irene Rogers

 

Contact Us with Questions or to Request a Quote

If you would like more information before visiting one of our locations, let us know. Someone from the closest insurance office; with the right experience will contact you to help with your questions.

And don’t worry – we won’t use your contact information for anything other than replying to your request.

Connect With Us

  • If you are an existing JMI customer, please provide the following information:

Auto  |  Home  |  Business  |  Marine  |  Travel  |  Personal  |  Locations  |  Careers  |  Blog  |  Privacy Policy

Contact Us with Questions or to Request a Quote

If you would like more information before visiting one of our locations, let us know. Someone from the closest insurance office; with the right experience will contact you to help with your questions.

And don’t worry – we won’t use your contact information for anything other than replying to your request.

  • If you are an existing JMI customer, please provide the following information:

Connect With Us

Auto  |  Home  |  Business  |  Marine  |  Travel  |  Personal  |  Locations  |  Careers  |  Blog  |  Privacy Policy