Owning a strata property comes with certain responsibilities. There is a requirement upon all Strata Corporations that the property is collectively insured for full replacement value at all times. This is a legislated requirement simply to protect each Member of the Strata Corporation, ensuring that

Strata insurance claims are on the rise annually across the industry based on a variety of reasons. Naturally as the industry total of claims rises, so too does the total costs of claims paid. In order to minimize costs of claims and the number of

Strata buildings are complex. There are common and individual wiring and pipes throughout the structure of the building. And as with everything, the more you have of anything, the greater the chance of something going wrong. Who pays for the water damages? Is it the