Stay strong on insurance commission ban – OCN
The OCN and ACIL issued a joint call this week for the government to “stay the course” and deliver on its commitment to outlaw strata insurance commission. [See the full…
Damage caused by leaking hot water system – is this covered by Strata Insurance?
This question relates to Strata Units located in NSW. A leaking hot water system located in the garage has caused damage to carpets, floor tiles (making them rise), wall skirtings,…
State on brink of flood cover insurance crisis
Strata Community Association Queensland (SCAQ) has issued a stark warning: without urgent state involvement, flood insurance will become unviable.
State on brink of flood cover insurance crisis
Strata Community Association Queensland (SCAQ) has issued a stark warning: without urgent state involvement, flood insurance will become unviable. [See the full post at: State on brink of flood cover…
Strata Insurance Excess for Water Damage – blockage on common property
My kitchen cabinets were damaged when my sink overflowed due to a blockage in a common property pipe (basement carpark). I’m trying to claim on strata insurance but have been…
Strip club tripling insurance premiums for block
I live in a strata managed apartment as an owner occupier. When I bought the building finances were in the black, 2 years later they are in the red. The…
Five-fold increase in insurance costs ‘justified’
A major insurer was justified in raising strata premiums by 500% due to four-year claims history, according to finance watchdog AFCA.
Five-fold increase in insurance costs ‘justified’
A major insurer was justified in raising strata premiums by 500% due to four-year claims history, according to finance watchdog AFCA. [See the full post at: Five-fold increase in insurance…
Individual Building Insurance for B-class (ACT)
We are a small, 10 unit, B-Class development in the ACT. In the last year or two the ACT Government amended the Unit Titles Management Act to allow B-class developments…
Did former Strata Manager delay handover to collect insurance commission?
Our Strata had its Strata Manager give notice that the Agency agreement would not be renewed, by a notice (e-mailed letter) to the Strata Secretary dated 28 November, 2023. The…
Landlord Insurance for Leaking Balcony
Hi, I am the owner of an apartment with a leaking balcony on the top floor in Victoria. Recently been made aware that I am responsible to pay for…
Forum: Insurance bumped up because of Airbnbs
Here’s a dilemma that I’ve been waiting to see crop up in the Forum for a couple of years now – can short-term letting hosts be charged the difference if…