› Flat Chat Strata Forum › Common Property › Body corp + damages from common property › Current Page
Normally strata insurance only covers common property contents, i.e. carpet, tiles, paint, etc in foyers. At least reviewing our strata insurance documents recently, that seems to be the case for our building. So it doesn't surprise me that they have informed you that the strata insurance doesn't cover it.
Whether the OC should pay for the replacement out of say the sinking fund then, well that's something I guess you would be best off with some legal advice about. And if that were to happen, I don't know what the situation in your strata is, but if there aren't enough funds to cover the replacement plus whatever other planned expenditures there are, your whole building may end up with a special levy.
Personally, I think such issues as these would be one of the reasons for having contents insurance. And then if your insurance company wanted to chase up their costs elsewhere that would be up to them. It would certainly get fixed quicker this way. *shrugs* (Yes, I realise you will have to pay an excess, but that may or may not be more than what your share would effictively be out of common property funds (depending on your excess amount and your building size).)