› Flat Chat Strata Forum › Common Property › Strata Insurance Excess for Water Damage – blockage on common property › Current Page
03/03/2025 at 9:26 am
#78326
I believe you have been told wrongly. Its the OC who pays the excess.
Absolutely. The Owners Corp has benefitted from lower premiums by agreeing to an excess, It’s therefore the owners corp, and not the individual owner, that should pay the excess in the event of a claim.