Benchmarking Instructions

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Related Good Practices

• Village Canadien - Good Practices in Reducing Insurance Costs

 

Benchmark Report for XYZ Co‑op

Compare our sample co‑op to other co‑ops in our chosen peer groups. These results are for an Ontario co‑op with 100 suburban units. Log in now to see the actual results for your co‑op.

Insurance Costs per Unit

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Insurance rates depend in part on the claims your co‑op has made in the past. You can take some control over your premiums by eliminating hazards and ensuring that your members have their own content and liability insurance.

Compared to:   All Agency co‑opsCo‑ops in your provinceCo‑ops in your city

Scoring System

See your co‑op’s performance on a scale of one to four houses:

• Four houses (a home run!) puts the co‑op in the top 15% of its peers
• Three and two houses represent middle-of-the-road performance, a bit better (3 houses) or a bit worse (2 houses)
• One house puts the co‑op in the bottom 15%

The vertical lines on each of the bars (the years) divide the four levels. Good performance is seen by appearing on the right-hand side of the scale.

Where Do these Numbers Come From?

This is the amount, in dollars per unit, spent on insurance each year. The numbers come from the information co‑ops report to the Agency on their Annual Information Returns.