Strata Cover Australia Articles

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

Simply click on the article title to read the entire content.

Strata Insurance Articles

Strata Insurance Responsibilities for Owners Corporations, Lot Owners and Tenants

Strata insurance can be confusing because different parts of a property may be the responsibility of the owners corporation, individual lot owners, landlords or tenants. This guide explains the usual boundaries and where personal cover may still be needed. - 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

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

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

Why Better Strata Data Is Becoming an Insurance Issue

16 Sep 2026: Paige Estritori

Urbanise’s latest market communication has again highlighted the growing importance of digital systems in strata and facilities management. While the update is not an insurance announcement, it is relevant to owners corporations, body corporates and strata committees because insurers increasingly want clear, current and usable information about the buildings they are being asked to cover. - read more

What the New NSW Disclosure Rules Mean for Strata Cover

09 Sep 2026: Paige Estritori

The latest phase of New South Wales strata reform has brought strata insurance disclosure back into practical focus, moving the issue from policy debate to renewal-season reality for owners corporations. The changes are designed to make it clearer when a strata managing agent, broker, insurer or related party receives a commission, fee or other financial benefit connected with arranging insurance. - read more

Why Insurance Tax Reform Is Back on the Strata Agenda

02 Sep 2026: Paige Estritori

The latest affordability push from Australia’s insurance industry has put state-based insurance taxes back in the spotlight, with renewed attention on how levies and duties can add to the cost of cover before a building’s individual risk profile is even assessed. For strata communities, that debate matters because premiums are usually paid collectively, then passed through to owners via levies. - read more

Why Rebuild Cost Pressure Matters for Strata Insurance

26 Aug 2026: Paige Estritori

Fresh attention on Australia's construction cost environment is a useful reminder for strata communities that insurance adequacy is not just about the premium charged at renewal. For owners corporations and body corporates, the more important question is whether the insured value of the building would still be enough to rebuild, reinstate common property and meet associated professional costs after a major loss. - read more

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Knowledgebase

Umbrella Policy:
An additional insurance policy that provides extra liability coverage beyond the limits of the insured's primary policies.

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