#30455
Sir Humphrey
Strataguru

    @Austman said:

    @dan said:
    Following on from my email above the strata manager has responded with – “This is not a misuse of funds as the shower screen is covered under the strata insurance policy and we are in the process of making a claim to the insurance company”.

    To note that compulsory strata building insurance usually covers much more than just common property.  Most policies I’ve seen also cover lot fixtures, lot fittings and lot improvements as well. 

    If that’s the case, a lot owner is within their rights to make a strata insurance claim if it’s a claim on their insured lot property fixture, fitting or improvement.  

    It is usual for the owners corporation to pay the full amount of a claimable item and then make the insurance claim to recoup the cost. The OC then wears any short-fall due to any excess (at least in the ACT that is correct).