Strata Insurance

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  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by .
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  • 01/09/2018 at 9:07 pm #11867 Reply | Quote
    mark13
    Flatchatter

      I have recently had an offer accepted on a strata unit in South Australia. There are 3 units on the block, 1 completely separate and 2 attached via garages. There is no common area at all.

      The strata information received with the Form 1 states there are no strata fees. It also states that each unit has their own building insurance policy. This does not sound right to me. I went to talk to the owner of one of the units today and they confirmed this, and that they are using QBE to insure their own unit. I am surprised QBE would accept this policy on a single strata titled unit.

      Can separate insurance be taken out if the units are all clearly on their own lots with no common areas?

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    Reply To: Reply #30321 in Strata Insurance
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