What are the insurance considerations for holding community events on common property?

Strata insurance usually includes cover for common areas such as gardens, lifts, walls, windows, pools, ceiling, floors and some liability cover for injury to ... Jul 10, 2023 ... The strata insurance market continues to harden with insurance premiums subject to sustained increases. Even where there has been no claims ... Basically, under GIO Strata Insurance, there are things that are considered your building* (like verandas), and common contents (such as shared laundry ... Effective Nov. 1, 2020, amendments will require insurers or insurance agents to provide 30-day advanced notice directly to strata corporations of their ... 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 ... Strata Insurance Group LLC. Get a quote. Auto, Home, Renters, Condo, Boat or Watercraft, Motorcycle, RV, Umbrella, Landlord Protection. Strata Insurance policies cover material damage as a result of an insured peril to structural fixtures including fixed plant, machinery and underground services ... Apr 22, 2024 ... A strata owner may be required to pay the strata corporation's insurance deductible. This could be a significant expense as deductibles of ... Your strata insurance should cover shared property such as the building's exterior, shared facilities, car park and public liability for the property. The privacy and security policies of external websites will differ from those of Strata Credit Union. Federally Insured by NCUA External Website. Equal Housing ...