When to Review Strata Insurance: Valuations, Sums Insured and Underinsurance
Strata insurance reviews should not only check premium changes. For owners corporations and strata committees, current reinstatement valuations, accurate sums insured and an understanding of underinsurance risk are central to keeping cover aligned with the property and its legal obligations. - read more
Strata Insurance Coverage, Exclusions, Excesses and Policy Limits
Strata insurance can protect shared buildings, common property and liability exposures, but the details of a policy matter. This guide explains common strata insurance coverage areas, exclusions, excesses, policy limits, sub-limits and optional covers that owners corporations, strata committees and strata managers should review before relying on a policy. - read more
How Strata Insurance Costs Are Calculated in Australia
Strata insurance costs in Australia are shaped by the building, location, claims history, cover choices, excesses, legal requirements and insurer risk assessment. Understanding these factors can help owners corporations and strata committees review premiums more confidently. - 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
