How can a strata committee work with landlords to ensure adequate insurance coverage?

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 ... The strata insurance policy provides property coverage for Common Property, including any buildings shown on the strata plan, the common assets and any ... Strata insurance typically covers common area contents, the building and shared property in the event of loss or damage. Generally, events like theft of common ... Strata insurance covers the building, including internal structural elements of units, but the contents are an individual responsibility. Jul 4, 2023 ... Strata insurance is structured to protect common contents and property under a strata title or body corporate entity. Aug 29, 2024 ... Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Aug 8, 2013 ... What's covered by Strata Building Insurance? ; Fire/Arson; Vandalism; Glass Breakage; Storm/Tempest; Vehicular Impact; Burst Pipes ; Internal ... Effective Nov. 1, 2020, amendments will require insurers or insurance agents to provide 30-day advanced notice directly to strata corporations of their ... World class insurance software. Powering profitable growth for insurance retailers and modern digital journeys for consumers, CDL Strata is the retail platform ... This publication provides general information to understand what the strata corporation is required to insure under the Strata Property Act, as well as ...