What are the common causes of strata insurance claims?

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 ... Why pick Strata for your insurance needs? Save time and money. Nobody loves getting insurance. But we make it easy and hassle-free by shopping around to find ... Dec 6, 2022 ... Under strata or body corporate management legislation in those States, an owners' corporation is excluded from the operation of the Corporations ... With insurance rates for condos and townhouses climbing 50 to 300 percent – and in one case nearly 800 percent – condo and townhouse owners in BC are worried. Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... May 13, 2024 ... In this article, let's meet the 18 insurance underwriters strata citizens players will come across. Welcome to Strata Insurance. Badly managed Insurance processes cause anxiety and stress for you, your Owners Corporation Management colleagues. The strata insurance policy provides property coverage for Common Property, including any buildings shown on the strata plan, the common assets and any ... Bonus ThankYou® Points are not available if you received a new account bonus for a Citi Premier® or Citi Strata ... Coverage (car rental insurance). 2. Points ... Aug 8, 2013 ... What's covered by Strata Building Insurance? ; Fire/Arson; Vandalism; Glass Breakage; Storm/Tempest; Vehicular Impact; Burst Pipes ; Internal ...