What are the insurance considerations for easements and rights of way?

Aug 8, 2013 ... What's covered by Strata Building Insurance? ; Fire/Arson; Vandalism; Glass Breakage; Storm/Tempest; Vehicular Impact; Burst Pipes ; Internal ... 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 ... It typically covers common areas like hallways, gardens, roofs, and shared facilities. The insurance provides financial protection against damage, theft, or ... Jul 30, 2021 ... The issue that we're all facing is the high deductibles for sewer/flood under the entire building's insurance that strata buys every year. The privacy and security policies of external websites will differ from those of Strata Credit Union. Federally Insured by NCUA External Website. Equal Housing ... Strata Insurance policies cover material damage as a result of an insured peril to structural fixtures including fixed plant, machinery and underground services ... 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. We cover you for damages to the building, its contents, loss of rent and various owners' liabilities that you have. Who should consider it? Strata insurance is compulsory in every state – so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ... 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 ...