OUR ALBERTA EXPERIENCE
It was more than a decade ago that Normac first began operating in Alberta and we have been steadily growing our business thanks to our competitive fees and turn-key service. With staff based in Calgary and Edmonton, our on-the-ground team offers quick turnaround times and a personal touch.
MEETING ALBERTA’S NEEDS
In the Alberta Condominium Property Act, the condo corporation is required to insure the common property and units against loss resulting from destruction or damage caused by any peril, and that this insurance must be equal to the replacement cost of the condominium as described.
To comply with this, Normac’s Total Insurable Value considers all incurred costs and presents them in a digestible report with information that is easy to extract. Our insurance appraisal programs are created with you in mind. We offer additional value through program alignment with insurance renewal dates and automatic updates.
Normac now also offers Standard Insurable Unit Description (SIUD) reports to meet the requirements of Alberta’s legislation. To read more about Normac’s delivery of Standard Insurable Unit Descriptions, click here, or stay up to date with the legislation here.
OUR ALBERTA COMMITMENT
We believe that it is equally our duty to show support in the condominium community. We are a proud sponsor and member of both the CCI South Alberta Chapter and the CCI North Alberta Chapter. We also participate annually in the Alberta Condominium and Real Estate Conference and the Alberta Condo Expo.