New strata insurer signs up with Flat Chat
We are delighted to welcome a new strata insurer to our exclusive roster of Flat Chat sponsors. SCInsurance provide insurance tailor-made for your strata scheme. [See the full post at: New…
Reply To: Insuring solar panels on one owner’s roof
I’ve read through the responses and it sounds possible that the panels might not contribute to the insurance premium. Bear in mind though that if you make a claim (let’s…
Forum: Council versus owners corp over Airbnb
Conflict with council OK for holiday lets, insurance for solar panels, air-con water torture, mini land grab, who owns front door keys?
Forum: Council versus owners corp over Airbnb
Conflict with council OK for holiday lets, insurance for solar panels, air-con water torture, mini land grab, who owns front door keys? [See the full post at: Forum: Council versus…
Podcast: Secretive strata managers face fines
$110,000 fines for recalcitrant strata managers, new affordable homes for essential workers, better designs for low-rise blocks and the rights and wrongs of a land grab.
New strata manager laws: $110k fine warning
The new strata manager laws on cozy deals, commissions and kickbacks carry fines of up to $110,000 for strata managers who flout them.
Reply To: Insuring solar panels on one owner’s roof
It doesn’t matter what the EC thinks should be covered. The panels are a fixture and must therefore be covered by the strata insurance, whether they like it or not.…
Reply To: Insuring solar panels on one owner’s roof
Sounds like you have some charmers on your EC – the kind who don’t think anyone should have anything they don’t have. Just write them a polite letter inviting them…
Reply To: Insuring solar panels on one owner’s roof
Thank you for these responses. It appears from what our insurance broker has told us, that they are included for insurance purposes as a standard thing once it is known…
Reply To: Insuring solar panels on one owner’s roof
Thank you. It seems that it is a standard inclusion by most insurance companies not affecting the premium. The difference between last year and this year’s premiums is only 3%…
Reply To: Insuring solar panels on one owner’s roof
Most strata insurance policies include a substantial amount for ‘lot owner improvements’. Ours covers $250,000 worth. This will cover units that have added a bigger or better air conditioner or…
Reply To: Insuring solar panels on one owner’s roof
Section 82 of the NSW Act allows an owner to be charged differently for insurance if their use of their lot means the insurance premium for the strata scheme is…