Common property vs individual lot insurance
Strata Insurance vs Individual Lot Insurance Hi, I’ve purchased a villa unit in Victoria. There are three lots and a common property driveway. The lot boundaries are exterior face. The owners…
Too much insurance costs us
Hi All Recently in our building a new owner laid a wooden floor in compliance with our flooring by-law. The by-law has a clause in it that says the owner…
Contents, fixtures, fittings and insurance
I would appreciate clarification in respect of items covered by the contents insurance. Upon enquiries was told: a) everything that doesn’t fall out if the unit was tipped upside down…
Insurance failures add $16k to cost of NSW flats
It has not been widely reported, but Building Commissioner David Chandler has a big dream for apartments in the state – that one day commercial insurers will return to the…
Insurance failures add $16k to cost of NSW flats
It has not been widely reported, but Building Commissioner David Chandler has a big dream for apartments in the state – that one day commercial insurers will return to the…
Lack of maintenance affecting insurance
We are on the river, our very expensive property insurance specifically states our boat ramp must be kept in good nick – it’s not, and hasn’t been for years. The…
Our small block cannot get building insurance! Help!
We are a small block of 5 units in Sydney. Over the past few years we have been finding it increasingly difficult (and increasingly expensive) to get building insurance. This…
WA – Single tier schemes, insurance & the amended ST Act
Hi, I own a lot in a 2-lot single-tier strata scheme in WA and there is no public liability and common property insurance in place. Does anyone know if section…
By-law passes insurance excess to lot owner
Recently we experienced a water leak from the ensuite shower into the bathroom floor which caused the vanity to swell and pull away from the wall which is a shared…
Does strata insurance cover CP damage caused by my cleaners?
Does the strata plan insurance cover accidental damage by a non owner in the common property areas? E.g. my cleaners accidentally left water stains in the foyer between my unit…
Forum: Cheap insurance leaves owner under water
There an annoying piece of nonsense that repeatedly comes up in strata – and nobody ever seems to learn. What happens is that there’s a fault in common property that…
Forum: Cheap insurance leaves owner under water
There an annoying piece of nonsense that repeatedly comes up in strata – and nobody ever seems to learn. What happens is that there’s a fault in common property that…