Normac's Publications

Expert opinions about insurance appraisals, standard insurable unit descriptions, their value, and implementation.
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Insurance Appraisals 101

What is it? Why do I need it? How do I get it? WHAT IS AN INSURANCE APPRAISAL? A specialized report that provides an estimate for replacement cost value of
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The Importance of Insuring a Condominium to its Full Replacement Cost

There is an important reason why many Canadian provinces require condo corporations to have replacement insurance on their condominiums. This is to ensure owners are protected in the case of
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Determining Total Insurable Value and Understanding Fluctuations

There are many practical ways to measure the value of a condominium property in Canada, some being more useful than others in specific circumstances. For insurance purposes, the value of
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