Re: Insurance Excess
(NSW) Our OC recently had a insurance claim on behalf of an owner who supposedly accidently broke her cooktop and her own contents insurer advised her to claim on the…
Re: Insurance Excess
@just get on with it said: I have no idea how one could possibly prove that a broken glass door was caused by a rugby tackle demonstration as I am…
Re: Insurance Excess
@JimmyT said: what if, say, the glass door was broken as a result of some contributory act by the resident? Herein lies the problem – there are so many…
Re: Insurance Excess
…He has contacted the managing agents several times and they have (eventually )said they will reimburse him less the insurance excess. Is this correct?… With the caveat that my knowledge…
Re: Insurance Excess
I think the issue is not what it covers, but rather in what circumstances those items are covered.
Re: Insurance Excess
The discussion about the Strata insurance liabilities for the different states is actually irreverent, because the Acts are only a min requirement that the insurance has to cover. The important…
Re: Insurance Excess
@just get on with it said: The incident in question is clearly accidental and was not in any way malicious so why would the OC not believe they should be responsible…
Re: Insurance Excess
@kiwipaul said: The NSW Act dosn’t make it as clear as the QLD one does (3) A policy of insurance taken out under this section— (b) must provide for the…
Re: Insurance Excess
@Whale said: A point of clarification on some earlier posts though, fixtures such as built-in wardrobes, kitchen, laundry and other cupboards are the responsibility of Lot Owners, BUT if they’re…
Re: Insurance Excess
@JimmyT said: Now, I know the Memorandum isn’t law and it has a few quirks but it’s a pretty clear indication of how the powers that be think. Now if…
Re: Insurance Excess
Yes it is, and it’s also the right way in all respects. A point of clarification on some earlier posts though, fixtures such as built-in wardrobes, kitchen, laundry and other…
Re: Insurance Excess
All standard strata insurance policies should cover fixtures and fittings as long as damaged by an insurable event (accidental damage and/or impact damage to glass would be included). This would not…