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Insurance

  • What is residential strata insurance?
  • What does residential Strata Insurance cover?
  • What doesn't residential strata insurance cover?
  • Who pays Residential Strata Insurance?
  • Are these repairs covered under insurance or maintenance?
  • Is the insurance current? When was it last updated?
  • Can I note my financier for my individual lot on the Common Certificate of Insurance?
  • Can I make a claim on replacing the old, worn wheels to my balcony sliding door?
  • What is an insurance valuation?
  • We are a 5 lot built Strata titled property and would like to self-insure our own lots and insure the common property driveway separately, costs for that borne by all owners?
  • Does the strata company have to keep copies of building plans, if so how long?
  • Appointment of Administrator: Who can do the job?
  • How does a Strata company seek approval of expenditure which is beyond what has been budgeted for?
  • What is the first process of my claim?
  • If the damage has occurred on common property, who’s responsibility is it?
  • If the damage has occured in part lot, who's responsibility is it?
  • Can I get a copy of my insurance certificate?
  • I am an owner occupier. Do I need to have loss of rent/temporary accommodation covered in my insurance?
  • What is best practice insurance claim process?
  • Where can I find information on past weather for insurance claims?
  • Does the policy cover damage to individual units i.e. doors, roller doors, external glass etc. as a result of break in or accidents?
  • Insurance cover for lot alteration

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© 2003-2020 by Abode Strata. Privacy Policy
The advice within is general and has been prepared without taking into account any specific or personal objectives, financial situation or needs.

Please also note this general advice was provided prior to the new strata title amendments were proclaimed and will be updated in due course.

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