02/09/2024
Importance of earthquake insurance for co-ownerships
The earthquake that occurred on September 1, 2024, with an estimated magnitude of 4.6 and an epicenter in Pierreville, has starkly reminded us of the importance of adequate insurance coverage for condominiums in the event of earthquakes. This event, felt from Quebec City to Montreal, highlighted the vulnerability of condominiums to seismic risks, a danger often underestimated. Although the damage was limited this time, it underscores the need for better preparedness for future seismic incidents. It is essential to consider these risks to protect the investments of condominium owners....