What are the insurance considerations for damage caused by tree branches falling on common property?

Strata insurance covers the building, including internal structural elements of units, but the contents are an individual responsibility. Aug 8, 2013 ... What's covered by Strata Building Insurance? ; Fire/Arson; Vandalism; Glass Breakage; Storm/Tempest; Vehicular Impact; Burst Pipes ; Internal ... Chubb Strata Insurance Product Disclosure Statement (PDS) and Policy Wording, Australia. Published. 02/2024. ©2024 Chubb Insurance Australia Limited. Chubb ... 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 ... What does strata insurance cover? · building fixtures such as pipes, hot-water systems, intercoms and air-conditioners · common property including gardens, ... Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... Dec 13, 2022 ... A general guide to help explain how the responsibility for repairs may be governed in cases where the strata corporation's insurance policy is not triggered. It typically covers common areas like hallways, gardens, roofs, and shared facilities. The insurance provides financial protection against damage, theft, or ... 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 ... AAMI Strata Insurance offers cover for strata titled buildings with common property(such as apartments and townhouses) for incidents such as break-ins and ...