Quote:
Originally Posted by stewie
B.C. strata insurers to end 'best terms pricing' scheme by Jan. 1
So for those people who got royally screwed over from insurance rates jumping up 200%+ in some cases and resulting in their monthly fees doubling does that mean next year they'll see a major drop to what it was prior or possibly even lower since the best term pricing has been going on for X many years?
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WTF?! Is that Best Terms Pricing basically a scam then? The broker charges the customer (the strata corp) the price of the highest bid, and then goes off to purchase something else!