Strata Cover Australia Articles

Strata Cover Australia recommends the following articles which we hope you find of interest.

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Strata Insurance Articles

Understanding the Layers of Strata Insurance

Strata insurance, also known as body corporate insurance, is a form of cover specifically designed for properties that share ownership or have multiple units. It typically covers the building and common areas, along with liability protection. This includes areas such as the roof, stairwells, lifts, driveways, and shared spaces in residential complexes, units, or apartments. - read more

How to Make a Claim on Your Strata Insurance: A Step-by-Step Guide

When it comes to strata insurance, making a claim can feel daunting if you're not familiar with the process. A vital first step is understanding what constitutes a claimable event. Typically, these are events that lead to damage or loss in the common areas of a property, such as fire, storm damage, or vandalism. However, each policy can vary, so it’s important to check the specifics of what your coverage includes. - read more

Understanding State-by-State Insurance Requirements for Strata Schemes in Australia

Strata schemes are a popular form of property ownership in Australia, particularly in cities where high-density living is common. A strata scheme is essentially a building or collection of buildings that allows for individual ownership of a part of the property, combined with shared ownership of common areas. Residents coexist in a community and collectively manage shared spaces such as gardens, driveways, or facilities. - read more

The Importance of Updating Your Strata Insurance Policy

Strata insurance is a specific type of insurance designed to cover shared property and common areas within a strata-titled property. This includes coverage for dwelling structures, common hallways, roofs, and sometimes even shared swimming pools or gardens. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Insurance News

Strata Technology Is Becoming an Insurance Advantage

04 Aug 2026: Paige Estritori

Urbanise’s latest market update has put another spotlight on the growing role of digital systems in strata and facilities management. While the announcement is not an insurance product launch, it is highly relevant to owners corporations, strata committees and body corporates because the quality of building data is increasingly connected to the way insurance risks are assessed, priced and managed. - read more

Disaster Resilience Moves Higher on the Strata Insurance Agenda

28 Jul 2026: Paige Estritori

Australia’s insurance sector has again turned attention to disaster resilience, warning that affordability and availability pressures will remain difficult to ease unless more is done to reduce the physical risk faced by homes, apartments and shared buildings. For strata schemes, the message is especially relevant: premiums are not only shaped by insurer appetite, but also by how vulnerable a building is to flood, storm, cyclone, bushfire and water damage. - read more

New Marsh Strata Lead Points to a More Complex Insurance Market

21 Jul 2026: Paige Estritori

Marsh Risk has appointed Justin Gillingham as its new head of strata, in a move that reflects how quickly the Australian strata insurance market is becoming more specialised. Announced on 20 July 2026, the appointment brings a senior insurance and risk professional into a role focused on buildings, owners corporations and communities dealing with increasingly complicated cover, compliance and claims issues. - read more

Netstrata Proceedings Put Strata Insurance Disclosure Under Fresh Scrutiny

14 Jul 2026: Paige Estritori

NSW Fair Trading’s criminal proceedings against Netstrata have put strata insurance governance back in the spotlight, particularly for owners corporations trying to understand whether their premiums, commissions and service arrangements are being handled transparently. The action, reported on 9 July 2026, alleges the strata manager failed to adequately disclose or manage conflicts of interest and received undisclosed financial benefits. Netstrata has indicated the charges will be defended, so the matter remains before the courts rather than resolved. - read more

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Knowledgebase

Proximate Cause:
The primary cause of loss in an insurance claim, which sets in motion a chain of events leading to the damage or injury.

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