IRR - Case Study - 179 units in Vancouver

A 179-unit, 19-story condominium in Vancouver faced skyrocketing insurance costs after repeated water damage incidents, raising the deductible from $50,000 to $250,000 and increasing annual premiums by $90,000. To mitigate further financial strain, the strata implemented a smart leak detection and automated shutoff system, preventing future damage and ensuring long-term building protection. Click to read the full case study.