Strata Insurance

Not every insurance enquiry ends in a claim - and that's not always a bad thing. A recent matter handled by our team shows how the right advice at the right time can save a strata scheme time, cost, and hassle, even when no claim is ultimately lodged. The situation A committee member from a residential strata scheme in Rhodes, NSW, contacted us after noticing that a brick pier supporting a carport roof had been struck by an unknown vehicle. The impact had left the roof beam w

Understanding Strata Insurance: Protecting Your Property and Stakeholders Many property managers assume their strata insurance fully protects their building and stakeholders. On paper, it often looks comprehensive. But in reality, gaps in coverage are more common than most expect. These gaps usually only become visible when a claim is made. Why This Matters Strata insurance isn’t just about having a policy in place. It’s about ensuring the policy is structured correctly for t

Strata properties are a popular form of residential and commercial ownership, offering shared facilities and collective management. While they provide convenience and community living, strata schemes also carry unique risks that can be costly if not properly insured. Many owners’ corporations (OCs) rely on standard insurance coverage, assuming it’s sufficient. In reality, gaps in coverage can leave both the property and residents financially exposed. This guide examines the r