Are there any specific insurance considerations for strata schemes with a high turnover of residents?

Strata insurance can cover the building and all common or shared property, and contents which belong to the owners' corporation. The type of cover and its cost ... Mar 22, 2020 ... Strata insurance provides cover for the property & responsibilities of the owners corporation. Typically, strata insurance will not provide cover. May 13, 2024 ... In this article, let's meet the 18 insurance underwriters strata citizens players will come across. Feb 18, 2024 ... Strata will have a building insurance policy which will cover things like damage to the structural building, common property areas etc. You ... Strata Insurance Group LLC. Get a quote. Auto, Home, Renters, Condo, Boat or Watercraft, Motorcycle, RV, Umbrella, Landlord Protection. 150 (1) The strata corporation must obtain and maintain liability insurance to insure the strata corporation against liability for property damage and bodily ... Apr 22, 2024 ... A strata owner may be required to pay the strata corporation's insurance deductible. This could be a significant expense as deductibles of ... Who should consider it? Strata insurance is a compulsory in every state - so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ... Feb 7, 2024 ... As of this year, there are no major changes to SPA. It still tells us that comprehensive property insurance is mandatory for all strata properties except bare ... Jul 5, 2023 ... ... insurance coverage. Trowbridge strata review. John Trowbridge released the final report in his independent review of strata insurance in May.