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Resources for Strata Insurance Australia
Explore a variety of valuable resources related to strata insurance and broader insurance options in Australia. Whether you are a property owner, stakeholder, or investor, this page offers informative links to enhance your knowledge and better understand your insurance needs.
Financial Services Online is a comprehensive resource that shines light on various facets of strata insurance in Australia. Offering insights and updates, this site ensures you stay well-informed about the intricacies of insurance strategies and policies.
Visit Insurance for Strata to dive deeper into specialized information surrounding strata insurance in Australia. Perfect for anyone needing specific details about policy comparisons and benefits, helping you make informed decisions with ease.
Professional Indemnity Insurance Online provides information for professionals seeking reliable indemnity coverage. Indemnity coverage can help protect you throughout your professional endeavours linked to Australia's strata sector, subject to policy terms, limits and exclusions.
Dedicated to explaining strata insurance options, Strata Insurance Online provides general information to help you understand policy choices. Learn about coverage meant specifically for owners, managers, and committees navigating the Australian market.
The Liability Insurance site helps demystify complex topics concerns attached to liability insurance within strata arrangements. Investigate extensively detailed concepts catering to property liability, damage claims, and much more.
Offering information about specialized insurance policies, Real Estate Agents Insurance Online focuses on risks realtors may face. Get to know tailored coverage solutions assisting real estate agents involved in strata dealings.
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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
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
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
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
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
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
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
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
Knowledgebase
Term Life Insurance: A form of life insurance that is a pure protection policy with no cash or maturity value which lasts for a specific length of time, called a term.