Re: Strata building insurance
We are working on a transparent insurance online quoting tool. The idea is that with a single online form you can get 3 insurance quotes with the same parameters (options,…
Re: Strata building insurance
@Cosmo said: Our insurance went up considerably also. We use a broker and I rang and asked why. They said it was the cheapest they could get. They got us…
Re: Strata building insurance
Our insurance went up considerably also. We use a broker and I rang and asked why. They said it was the cheapest they could get. They got us two other…
Re: Strata building insurance
You could go to a different broker or directly insure with chu. However, if you have an independent valuation then unless there is something defective with it then not insuring…
Re: Strata building insurance
Our owners corp gets an independent valuation done every 5-10 years and presents that to an insurer. I don’t recall the insurer ever rejecting the valuation. Between valuations, each year’s…
Strata building insurance
As a strata committee member, we recently went through the strata insurance renewal process. The proposed quote comes back with 50% and above increase to premium, primarily due to the…
Insurance Access
Hi All I have a question regarding how to gain direct access to our Insurance Broker. We have serious doubts that we are being provided ALL information regarding claims, commissions…
Loan help for flammable cladding insurance hikes
A shock rise in strata insurance premiums due to risks associated with flammable cladding has left many apartment owners struggling to meet price hikes, says owners corporation finance lender Lannock…
Loan help for schemes hit by cladding insurance hikes
A shock rise in strata insurance premiums due to risks associated with flammable cladding has left many apartment owners struggling to meet price hikes, says owners corporation finance lender Lannock…
Re: Do we need Workers Comp Insurance?
Apologies digesting the above, see workers compensation is the issue. ln my experience, a licensed trades person or firm has own insurance, and a check by the OC to that…
Re: Do we need Workers Comp Insurance?
Hi all, I’ve never experienced this previously, and can I please know if anyone has had this experience, of a strata manager stating in an owners meeting that the building’s…
Re: Do we need Workers Comp Insurance?
Hi there, Check this info out, however, if I have read correctly, in my experience, a building cover would include public liability insurance which applies to anyone visiting outside; presumably…