Re: Insurance Excess
The strata insurance covers rebuilding of a lot including replacement of fixtures in certain circumstances such as a fire. It isn’t responsible for damage to cupboards, internal doors etc. which…
Re: Insurance Excess
This is what the Lands Dept/Strata Community Australia /Owners Corporation Network “Who Owns What” Memorandum says: 2.14 General – Owners responsibility a. Built-in wardrobes or kitchen, laundry and other cupboards…
Re: Insurance Excess
@kiwipaul said: Even if the door was an internal door (not common property) the Strata building insurance would still cover it, but the person who damaged it would be up…
Re: Insurance Excess
@kiwipaul said: Even if the door was an internal door (not common property) the Strata building insurance would still cover it, but the person who damaged it would be up…
Re: Insurance Excess
I cannot find anything in the NSW act that refers to the insurance excess, but I would agree it is a Strata responsibility to pay for the replacement of the…
Insurance Excess
My son accidently walked through the plate glass door of his apartment. Fortunately he only suffered a couple of cuts. However it was a Saturday and when he rang the…
Re: Window insurance
Just a thought – is this one of those dual window systems wher there is an outer and inner window (usually to cut down noise)? If that’s the case, this…
Re: Window insurance
I don’t know in which State/Territory you’re located, but that’s a strange one; which is probably why I’m the first to jump in! Irrespective of your location, the first thing…
Window insurance
We are looking at buying an apartment in a building which has had problems with unstable glass in the windows. We have been told that if the glass breaks, insurance…
Re: Insurance Commission what is standard?
Nelson – I know that I said my last post would be my final one on this subject for the time being, but your post was so informative that I…
Re: Insurance Commission what is standard?
Dear Whale & other readers, I am a (proud) Owner of Strata, and I would like to offer a few comments from my 30+ experience in the Insurance Industry.…
Re: Insurance Commission what is standard?
Strataman – clearly the insurance and strata industries are peddling the same line that you’re espousing. I like to consider myself to be a reasonable and logical person (some may…