Question: What is the body corporate’s liability in the event of an injury or accident as a result of repairs not done on common property, particularly when they are aware of the issues?
All QLD articles about Insurance in Strata Apartments published to our blog
Tracking construction costs based on quarterly reports from the ABS is particularly useful when comparing actual variations with the annual uplifts suggested by insurers. And there is a way to get quite specific.
Queensland lot owners of strata properties need to be mindful that air-conditioning units, whether fixed or not, are not covered by strata insurance.
Where a body corporate cannot comply with its insurance requirement, body corporate legislation provides that the Commissioner may authorise a form of what is called “alternative” insurance.
A national comparison website for home insurance and greater power for consumers in claims settlements are among measures proposed by the ACCC in its latest Northern Australia Insurance Inquiry report.
Have you ever wondered what happens when a lot owner starts short term letting and it affects the ability of the body corporate to get the required statutory insurance?
Question: I had a leak in the roof which was repaired, but I am wondering who is required to pay for the damage in the internal ceiling? I’m looking for an example where no insurance claim would exist.
We have two suggestions regarding strata insurance valuations: 1. Obtain more frequent valuations from quantity surveyors, and 2. Find a quantity surveyor who charges less for follow-up valuations.
Question: Could you please confirm that a plumbed-in dishwasher is excluded from strata title insurance under Strata regulation in QLD?
Question: Our insurance has doubled over the past 12 months. We have a green board cladding, which has been certified as safe, on our buildings. Is there some sort of lobby group tackling this?