Are there any specific insurance considerations for strata schemes located in areas with specific environmental regulations or conservation requirements?

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Dec 6, 2022 ... Under strata or body corporate management legislation in those States, an owners' corporation is excluded from the operation of the Corporations ... Strata Insurance policies cover material damage as a result of an insured peril to structural fixtures including fixed plant, machinery and underground services ... Sep 23, 2024 ... on average, strata Insurance policies are currently experiencing premium increases of 10-20% or more for properties with no outstanding claims ... Your strata insurance coverage includes legal liability protection for the Owners Corporation. While this doesn't cover individual unit owner liability, it does ... Aug 22, 2022 ... Insurers cover the cost to repair water damage to insured property but generally exclude repair costs related to finding and fixing the leak, as ... Welcome to Strata Insurance. Badly managed Insurance processes cause anxiety and stress for you, your Owners Corporation Management colleagues. World class insurance software. Powering profitable growth for insurance retailers and modern digital journeys for consumers, CDL Strata is the retail platform ... Jul 4, 2023 ... Strata insurance is structured to protect common contents and property under a strata title or body corporate entity. A strata corporation's insurance may cover insured losses to the condo building and common property, but it does not cover your personal liability, contents, or ... Mar 13, 2024 ... Sedgwick addresses the biggest concerns of the strata community by offering tailored insurance solutions, simplifying policy complexities, preventing ...
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