Hi,
I think the 20% insurance kickback is a levy by stealth – how many people actually look at the fine print. Last year our Executive shopped around, got our own quotes and now arrange our own insurance. I don't understand the reasoning that if they don't get the kickback that Strata fees would rise, to me that would be a corrupt practice.
Incidentally, it was difficult to get quotes initially as our Strata firm had made nearly 40 claims in an 8 year period for amounts as small as $100 – who does this ? No home owner I know would do this on their own insurance.