Insurance Premiums Non-competitive
Building insurance is an expensive business, few would argue. When costs rise a common option is to find other suppliers and compare quotes. Sensible. However, when it comes to strata…
Insurance cover refused
A trend has been noticed in USA for insurers to be picky about the risks they underwrite, with the result that homeowners in areas susceptible to hurricanes (like Florida) or…
Insurance claim agreed but cut in deal with OC
Hi, I put in a claim to the OC insurer for extensive water damages to my property. The insurer approved my claim and I submitted all my expenses etc for…
Is 20% strata manager commission for insurance premiums OK?
Is a 20% commission on a net premium fairly typical for a Strata Manager who is acting as an authorised representative for an Insurance company? Can a lower commission be…
Strata Managers won’t reveal details of insurance
I have been unable to get my strata managers to tell me 1. how much is insurance premium for my building p.a. 2. what is my building insured for and…
VIC Insurance when running a home based business
Here in Victoria the insurance for our little block is due soon and noting the recent ‘confusion’ about insurance for home businesses I have provided the details to our insurance…
Are there insurance issues with EV charging?
Your article in the AFR made no mention of Insurance issues with EV housed in a strata carpark. Unexpected combustion seems to be an issue. What guidelines are Underwriters offering…
Insurance for two-lot schemes
Hi All, I’m thinking of purchasing a detached dwelling in a Two Lot strata scheme. As I currently understand it, there is only a requirement for Strata Insurance coverage for…
QLD strata insurance a trillion dollar rort
We often read in the local papers that Townsville Public Liability Insurance is unaffordable, which inflicts economic damage that impede local community security and development in North Queensland (NQ). •…
Insurance premium payment alternatives
Our SP pays one large annual insurance premium payment which depletes administration account until next quarter when levies are received. This would not be the case if the premium were…
Insurance plan to drive out dodgy developers
The best and most reliable apartment developers will soon be able to get construction insurance, for the first time in Australia for nearly 20 years, writes Sue Williams. And that…
Insurance for Ceiling Damage in ACT Townhouse
Good day, I would like to know who normally insures ceilings in townhouses in the ACT. One ceiling in my townhouse which is under the crawl space in the attic…