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