Re: Fire levy changing from insurance to council rates
Calculate your FESL here: https://fesl.nsw.gov.au/rates_and_calculator#130412 Mine will reduce slightly.
Re: Fire levy changing from insurance to council rates
Councils already contribute to the operation of fire brigades, so I guess this is recouped transparently through rates. Perhaps this amount will now be incorporated into the new levy, with…
Re: Fire levy changing from insurance to council rates
@Kendle said: I will be delighted if the amount added to my rates annually is less than this but all the information available indicates that it will be more than…
Re: Fire levy changing from insurance to council rates
I am not convinced: I pay in Fire Service levies a total of $156.75 pa-$80 via strata buildings group policy, $75 via my contents policy and $1.75 via motor insurance…
Re: Fire levy changing from insurance to council rates
I have just chased this all the way to the department of finance and they confirm what Tharra has written above. The levy will come off all the insurances that…
Re: Fire levy changing from insurance to council rates
Oh no..I can’t believe this! Eventually I’ll be living in the gutter…
Re: Fire levy changing from insurance to council rates
Owner’s Corporation insurance isn’t the only type of insurance which attracts the Fire Services Levy. e.g. it is levied on my contents insurance policy. Overall I’ll see a payment reduction…
Fire levy changing from insurance to council rates
I understand that from July 1st, the annual fire services levy will be collected via council rates rather than via buildings insurance. It is stated by Treasury NSW that this…
Re: Insurance claim – approval required?
@madamme said: can the decision to lodge a claim be done by one person alone without consultation with the others – eg strata manager, secretary or lot owner? The insurance…
Re: Insurance claim – approval required?
In NSW if the Owner Corporation (OC) or the Strata Committe (SC) wishes to seek legal advice or take legal action where the cost will be borne by the Strata…
Re: Insurance claim – approval required?
I think JT is right. The OC would defend an action out of its own money. Insurance is unlikely to cover that. If the OC were found liable for something,…
Re: Insurance claim – approval required?
I think the legal costs element in strata insurance is there in case someone sues the Owners Corp and costs are awarded against it, not so that you can fight…