What are the insurance implications of disputes between lot owners?

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In this article, we will explore the coverage provided by flood insurance policies, debunk misconceptions about flood cover, and provide insights into ... Feb 18, 2024 ... Strata will have a building insurance policy which will cover things like damage to the structural building, common property areas etc. You ... The strata insurance policy provides property coverage for Common Property, including any buildings shown on the strata plan, the common assets and any ... We are going to chat about the insurance that this entity must carry, what's inside this policy, and how it directly affects unit owners. Strata insurance is a type of insurance that covers common property, common areas, and shared assets in a strata-titled property. Strata insurance policies are ... Jun 25, 2021 ... Public liability insurance is mandatory for all strata property whether commercial, residential, or mixed-use strata property. Public liability ... We cover you for damages to the building, its contents, loss of rent and various owners' liabilities that you have. World class insurance software. Powering profitable growth for insurance retailers and modern digital journeys for consumers, CDL Strata is the retail platform ... 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 ... 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.
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