Strata Cover Australia :: Podcasts

Strata Cover Australia Weekly News

Each week, get a concise, trustworthy wrap of the biggest strata and property stories across Australia. We scan rule changes, tribunal decisions, insurance trends, construction and defect updates, and real-world case studies to keep committees, managers and owners informed. Expect plain-English summaries, key takeaways, and practical context so you can navigate obligations with confidence and stay ahead of emerging risks. A steady, no-fuss briefing designed for Australians living in or managing strata communities.

This Week:

This week: NSW advances Emergency Services Levy reform with a November report deadline; a Federal Court dismisses a cladding class action, underscoring the need for funding plans and the right cover; Cyclone Narelle drives a surge in WA claims and highlights storm‑readiness; and APRA data shows premiums placed via brokers continue to edge higher. Practical pointers include watching ESL changes at renewal, confirming cladding‑related cover, tightening storm claim processes, and budgeting for a firm market with support from a specialist strata broker.

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EPISODE 1541 | Strata Cover Australia Weekly News | Sun, 5th Apr 2026

11 Apr 2026 | Paige Estritori

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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.

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Insurance News

ICA Advocates for Overhaul of Victoria's Strata Legislation
ICA Advocates for Overhaul of Victoria's Strata Legislation
06 Apr 2026: Paige Estritori
The Insurance Council of Australia (ICA) has recently called for significant reforms to Victoria's strata legislation, highlighting concerns that poor governance and deferred maintenance are contributing to increased insurance premiums for the state's strata property owners. This appeal underscores the pressing need for legislative updates to enhance the management and maintenance of strata-titled properties. - read more
CHU Expands Insurance Capacity for Large Strata Developments
CHU Expands Insurance Capacity for Large Strata Developments
06 Apr 2026: Paige Estritori
CHU, Australia's leading strata insurance underwriting agency, has significantly increased its capacity to insure larger residential and commercial strata developments. The company has raised its maximum single risk capacity from $300 million to $690 million, more than doubling its previous limit. This expansion applies to CHU's strata insurance policies across both residential and commercial properties, encompassing all property-related sections under a single policy, including insured property, catastrophe cover, and lot owners' fixtures and improvements. - read more
Flex Introduces 'Flex Complex' for Challenging Strata Risks
Flex Introduces 'Flex Complex' for Challenging Strata Risks
29 Mar 2026: Paige Estritori
Flex, a strata underwriting agency, has unveiled 'Flex Complex', a new insurance product designed to provide coverage for strata buildings facing challenges in securing insurance due to complex risk factors. This initiative aims to fill a significant gap in the market by offering protection to properties that have traditionally struggled to obtain mandatory strata insurance. - read more
Strata Insurance Remains Affordable Despite Rising House Insurance Costs
Strata Insurance Remains Affordable Despite Rising House Insurance Costs
29 Mar 2026: Paige Estritori
In the year leading up to June 2025, strata insurance premiums in Australia experienced a modest increase of 2.8%, reaching an average of $981 per lot, according to a report by CHU, a leading strata underwriter. This rise stands in stark contrast to the 14% surge observed in house insurance premiums over the same period. - read more
Strata Insurance Articles

Understanding State-by-State Insurance Requirements for Strata Schemes in Australia
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
Understanding the Layers of Strata Insurance
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
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
The Importance of Updating Your Strata Insurance Policy
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

Knowledgebase
Insurance:
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of potential financial loss.