To meaningfully reduce insurance premiums, BC strata corporations need security measures that demonstrably lower the frequency and severity of claims. Proactive live video monitoring, especially when paired with environmental sensors for water leak detection, provides underwriters with verifiable proof of risk mitigation against both property crime and water damage, the two largest drivers of strata claims.
Every strata council in British Columbia is grappling with the ongoing insurance crisis: soaring premiums and astronomical deductibles. In this challenging market, insurance underwriters are no longer satisfied with "security theatre." They demand verifiable proof of risk mitigation. The security measures that actually move the needle on your premiums are those that can demonstrably reduce the frequency and severity of your biggest claims drivers. This requires a shift in thinking from passive security to an active system that prevents incidents, especially property crime and water damage, before they can become costly claims. Our live video monitoring, water leak detection, and strata security solutions provide this risk mitigation.
Insurance companies base your premiums on risk. To get a better rate, you must prove you are a lower risk. According to the Insurance Bureau of Canada's 2025 strata report for BC, the two most significant sources of claims remain consistent.
This is the single largest driver of claim severity. Burst pipes, hot water tank failures, and sprinkler malfunctions can cause millions in damage across multiple units, resulting in massive claims and sky-high deductibles that can be financially devastating for a strata corporation.
While individual claims are smaller, their high frequency makes them a major concern for insurers. Chronic parkade break-ins, storage locker theft, and vandalism signal to an underwriter that a property is poorly controlled and more likely to suffer other, larger losses.
Our system is uniquely designed to tackle both major risk categories, providing your insurance broker with compelling evidence of your strata's commitment to loss prevention.
Our active deterrence of criminals in parkades, lobbies, and amenity areas drastically reduces the frequency of break-in and theft claims. We provide reports that can show your insurer a dramatic reduction or complete elimination of property crime incidents since our system was installed.
This is a critical addition. We can integrate environmental sensors (water detectors) in high-risk areas like mechanical rooms. The moment a leak is detected, an immediate alert is sent to our 24/7 command centre. Our operators then contact your emergency call list (e.g., property manager, on-call plumber) within minutes. This turns a potential multi-floor flood into a minor, contained issue, preventing a catastrophic claim.
Don't remain at the mercy of the volatile BC strata insurance market. By investing in a system that verifiably reduces your two biggest risks, you give your insurance broker the ammunition they need to negotiate for better premiums and deductibles. It's a strategic investment in the long-term financial health of your strata corporation.
Request an Insurance Reduction AssessmentMitigate Risk • Prevent Claims • Lower Premiums