This happen to us last year, the entire top floor lost all tenants due to major remedial works. None of the insurance policies covered alternative accommodation due the ” necessary remedial works to building “.
The OC’s Insurance only covered unlivable situations caused by the usual weather, fire, flood bomb,flooding, water pipes bursting etc incidents but not remedial works. landlords insurance only covered ” unlivable ” conditions which were arguably as the apartments were ” livable” the works were predominantly on the balcony.
However, the noise , dust, removable of balcony doors ( in winter ) and builders in and out all day proved too much for the tenants. I did remember reading somewhere that some Strata Insurance may cover alternative accommodation for owners living in the apartments but not tenants ( don’t hold me to that though ).
We checked with our broker and it was denied. So after paying $20k each in a special levy to raise $300k on top raising the standard sinking fund levy by $400 a qtr for 2 years. The owners of the top floor also lost rent for 5 months.
We spoke about getting some compensation at the EGM but nothing has come of it. I’m all for governments making it statute that Strata Insurance must cover all loss attributed to ” remedial Works “.
This may be a recommendation after the disasters of the Opal, Mascot, Cube and Honeycomb and other towers needing significant remedial / repair works, especially after warranty periods. You could try asking your insurer they might just surprise you.