Are there any specific insurance considerations for strata schemes with green roofs or living walls?

An insurance broker can arrange strata insurance on behalf of the owners' corporation. "As a strata owner, you also have a share of an unlimited liability ... What does strata insurance cover? · building fixtures such as pipes, hot-water systems, intercoms and air-conditioners · common property including gardens, ... 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 ... Nov 21, 2023 ... – Unless bylaws amended, strata corporation is not responsible to insure for buildings on bare land strata lot that are not shown on the strata ... Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... We offer insurance for all strata risks, including: Our product strives for market leadership through its innovative features, superior quality and pricing ... Do you need Strata Insurance? Strata Insurance is mandatory in Australia and covers common property under a strata title or body corporate. When purchasing a ... About us. Strata Insurance Group is an Independent Insurance Agency representing dozens of insurance carriers. Through these channels we can confidently satisfy ... Effective Nov. 1, 2020, amendments will require insurers or insurance agents to provide 30-day advanced notice directly to strata corporations of their ... Basically, under GIO Strata Insurance, there are things that are considered your building* (like verandas), and common contents (such as shared laundry ...