Question: Is the external of a garage door covered by strata insurance?
Is the external of a garage door covered by strata insurance?
Damage was done by an unknown vehicle, and we filed a police report. Does strata cover this or is this up to the resident?
The garage door’s driveway is on common property.
Answer: Strata insurance generally covers the Insurable Assets of the strata company.
Strata insurance generally covers the Insurable Assets of the strata company. This includes structures that are fitted to the building and, as an example, a garage door.
With impact damage to a garage door, the insurer will generally ask if the third party person can be identified, otherwise, the excess will need to be paid by the strata and the door will then be repaired or replaced under the insurance policy.
This post appears in the May 2021 edition of The WA Strata Magazine.
Leonie Milonas PSC Property Lync Insurance Brokers E: leonie@lyncinsure.com.au P: 1300 127 503