Okanagan Fires and Home Insurance

Irina Bartnik Notary Public • August 12, 2021

When you purchase a property (Strata or Single family home) it is important to secure insurance on the property that you are buying, prior to the subjects removal.


Some properties cannot be insured. The Bank would not give financing ( Mortgage loan) if property is not insured. It would be silly to find out 2-3 days prior to closing that property that you would like to purchase cannot be insured. At the same time if you remove your conditions or subjects ( or did not have any subjects in first place) , you promised to the Seller that you are purchasing their property unconditionally.


Property may not be insurable for various reasons. Most often it is due to the certain type of pipes or electrical wiring. Most recently, some properties in Okanagan cannot be insured as they are close to the evacuation zone. Always consult with your Insurance Broker about the insurance prior to your Subjects removal.

If you have any further questions, feel free to contact me

Irina Bartnik Notary Public 604-575-7494

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