Insurance claim – approval required?
If the Strata is to respond to a Tribunal matter and they wish to get legal representation using the legal costs coverage in the strata insurance, does it need to…
Strata insurance hard to find
We’ve been with a “big name” insurer for our duplex for many years and paying a hefty premium. When we had storm damage to our timber floor recently, we expected…
Budget strata insurance now online
One of the most contentious issues in the new strata laws that came into force in NSW last year was the question of compulsory strata insurance and commissions paid by…
Budget strata insurance now online
One of the most contentious issues in the new strata laws that came into force in NSW last year was the question of compulsory strata insurance and commissions paid by…
Re: Strata Insurance!!!
Thanks Jimmy. I was being sarcastic. Of course they don’t!! Glad to say our insurer has come through with the goods and made a statement consistent with what you have…
Re: Strata Insurance!!!
The simple answer is yes. If, say, common property was damaged by an owner, you would expect them to pay for repairs. if they wouldn’t or couldn’t, you would expect…
Re: Strata Insurance!!!
Still on Insurance – would you expect Owners Corporation insurance to cover a claim for a common property event that involved a tenant in the same way it would cover…
Re: Insurance Excess of Strata Manager
Pay a private investigator to tail the tenant and take some high definition videos to prove that the claim is spurious and/or fraudulent. Photos are not enough. A $1K private…
Re: Insurance Excess of Strata Manager
Hi “Mike” I notice your email contact address is the office of a strata management firm, which makes me wonder why you are coming to a public forum for advice.…
Insurance Excess of Strata Manager
Hi, our block of 11 units had action brought against us and against the strata manager for an alleged slip and fall by one of our tenants. The funny (or…
Re: Strata Insurance claims
OK. I’m not going to second guess the insurer ion this one as the terms of their policy will be specific. However, have a look at this website and if…