Reply To: Significant Event After AGM Minutes › Forums › Strata Committees › Significant Event After AGM Minutes › Current Page 27/01/2022 at 2:57 pm #61062 justaskingFlatchatterChat-starter Insurance excess that lot owners are liable for in the event of a claim is increased by 2.5 times to $2500. This is after it was circulated in AGM minutes that it would be $1000. By the way, I’m located in VIC. Thanks.