- What is owners corporation or body corporate insurance?
- What does my body corporate insurance cover?
- What other insurances do I need for living in apartments?
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Most Recent Articles
NAT: Does our strata insurance cover diagnosing and repairing concrete cancer? - Question: Does our strata building insurance cover diagnosing and repairing concrete cancer costs? What are the typical exclusions in insurance policies related to this? Answer: Strata insurance excludes damage caused by concrete cancer, which is considered a gradual deterioration or a building defect. Concrete cancer, also known as concrete spalling, is a condition where steel reinforcement within concrete begins to corrode, usually due to water ingress. As the steel rusts, it expands and causes the surrounding concrete to crack, flake, or break away. Common signs include rust stains, bubbling or cracking concrete, and pieces of concrete falling off. Strata insurance… - NAT: If a lithium-ion battery fire causes damage is the owner liable? - Question: If a battery fire causes damage to common property or other lots from an authorised or unauthorised e-bike, e-scooter or e-skateboard, is the owner liable for the damage? Answer: Whether it's unauthorised or not or banned within a bylaw, it's going to be covered under the policy unless there's a specific exclusion. I haven't seen or encountered a specific exclusion in a policy related to e-scooters, e-bikes, or batteries. If there's a claim, at this stage, it's covered. It's an unforeseen and fortuitous loss without any exclusions in the policy. Whether it's unauthorised or not or banned within a bylaw, it's going to be covered under the policy unless…
Our articles and Q&As about owners corporation or body corporate insurance have been arranged by State
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National Insurance articles & Q&As
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New South Wales
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Queensland
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Victoria
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Australian Capital Territory
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South Australia
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Tasmania
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Western Australia
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