JimmyT while you recommend “The best answer may be just to get a decent home and contents insurance policy and let them deal with it ” , whenever I have tried with insurance companies, if I am in a strata, they will only allow me to insure contents . In fact, I have tried to insure other attached items like kitchen cabinets, and I was not able to insure them, as the strata’s insurance is apparently meant to provide for this. Therefore, I do not see how an owner’s insurance would cover item like damaged cornices. Meanwhile if the cornice had fallen down and damaged the couch, then couch would be covered. Living in a strata I find these issues to be very confusing, sigh.