› Flat Chat Strata Forum › The Professionals › SCs and strata managers › Fire levy changing from insurance to council rates › Current Page
@Kendle said:
Watch out for your contents renewal. Mine due on 24th June, 6 days before FSL comes off insurance, still includes the full FSL of (for me) $72. If i leave the renewal for 7 days i will therefore save the $72..but have no cover for 6 days. Worth it?
According to the FESL website
In each financial year, landowners will only make a single contribution to the cost of emergency services.
When insurance on a property is renewed at any time during 2016-17, the insurance‑based emergency services levy is the landowner’s contribution for the twelve months ending in June 2017.
When the FESL commences in July 2017, landowners will contribute to fire and emergency services funding for 2017-18. They will have the option of paying the FESL quarterly, to help spread the cost through the year.
So in theory it would seem you could owe this money whether you renew your insurance or not, as you have had the benefit of insurance for almost 12 months of the FY.