An NSW Lot Owner questions whether a bylaws is required for BBQs on apartment balconies. Leanne Habib of Premium Strata and Tyrone Shandiman of Strata Insurance Solutions have provided the following response.Question: Should we have a bylaw allowing residents to have a BBQ on their apartment balcony? If we have no bylaw and a BBQ becomes a fire hazard, will the Strata … [Read more...]
All National articles about Insurance in Strata Apartments published to our blog
QLD: Q&A Is a plumbed in dishwasher covered under strata title insurance?
This response to a lot owner's question about strata title insurance coverage and a plumbed in dishwasher has been supplied by Tyrone Shandiman, Strata Insurance Solutions.Question: Could you please confirm that a plumbed-in dishwasher is excluded from strata title insurance under Strata regulation in QLD?GET THE LATEST STRATA NEWS / ARTICLES DIRECT TO YOUR INBOX … [Read more...]
WA: Collapsed Retaining Wall. Can I Claim on Strata Insurance?
These questions about strata insurance for a collapsed retaining wall has been answered by Leonie Milonas, PSC Property Lync Insurance Brokers.Question: My retaining wall is collapsing and the pavers are falling in. Can I claim the repairs and rectification on my strata insurance?GET THE LATEST STRATA NEWS / ARTICLES DIRECT TO YOUR INBOX HEREI purchased a unit in … [Read more...]
Strata Insurance Ratings for 2019
This article about the best strata insurance 2019 has been supplied by Simon Plummer, StrataRatings.Since the 2018 StrataRatings awards many strata insurers have taken it upon themselves to update their policies which is fantastic news for consumers.In the Residential category, 32% of policies were updated and in the Commercial category, a whopping 38% of insurers went … [Read more...]
NSW: Q&A Can We Avoid Strata Manager Insurance Commissions?
NSW Committee Members are wondering whether they can avoid paying strata manager insurance commissions upon renewal of their policies. Mario Esera of HWL Ebsworth, Leanne Habib of Premium Strata and Tyrone Shandiman of Strata Insurance Solutions have provided the following responses.Question: Can a strata manager charge higher strata management fees if a committee decides … [Read more...]
WA: Q&A Strata Insurance for common driveway
These questions about strata insurance for common driveway have been answered by Leonie Milonas, PSC Property Lync Insurance Brokers.Question: We currently pay Strata Insurance but we do not share a common driveway. We have no other common property. Can we arrange our own strata insurance?GET THE LATEST STRATA NEWS / ARTICLES DIRECT TO YOUR INBOX HEREI have a … [Read more...]
What does Public Liability Insurance Include for Strata Property?
This article about public liability insurance has been supplied and written by Whitbread Insurance Brokers and Simon Plummer, StrataRatings.Question: We are currently trying to gain access to a neighbouring property to perform render repairs and paint but the owner has stipulated that he be fully indemnified for loss or damage to his property whilst work is in progress. … [Read more...]
VIC: Q&A Individual Strata Insurance for a Small Owners Corporation
These question about individual strata insurance for a small strata scheme in Victoria have been answered by Simon Plummer, StrataRatings and Whitbread Insurance Brokers.Question: Although we have an Owners Corporation, we have no common property. How does insurance work? Do we need individual strata insurance? Should Public Liability be part of this?GET THE LATEST … [Read more...]
QLD: Cyclone risk assessment program to start in April
This post about the North Queensland Strata Title Inspection Program has been supplied by James Cook University.James Cook University has revealed details of a new engineering inspection program that could push down the cost of insurance for apartments, units and other strata buildings in northern Queensland.GET THE LATEST STRATA NEWS / ARTICLES DIRECT TO YOUR INBOX … [Read more...]
QLD ‘Firestorm’ and ‘Zombie Cyclone’ Prompts Calls For Apartment Owners To Consider Catastrophe Cover
Are you prepared for storm and fire season? This timely information about catastrophe cover has been supplied by Strata Community Association (Qld).Earlier reports in the year about a delayed start to cyclone season have been blown out of the water and the peak body for Queensland strata communities says it is crucial communities have the proper insurance cover and … [Read more...]
