What are the insurance implications of having different classes of lots within a strata scheme (e.g., residential and commercial)?

Effective Nov. 1, 2020, amendments will require insurers or insurance agents to provide 30-day advanced notice directly to strata corporations of their ... Strata insurance in NSW is designed to protect the owners corporation of a strata title property. Strata building insurance covers common or shared 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 ... Avoid churn-and-burn relationships as they erode trust, decrease long-term value, and damage your reputation. Instead, focus on building trusted partnerships ... We have more than five decades of strata insurance experience across six countries – so we know how to reduce the significant financial risks in getting the ... Strata insurance covers the building and common property around the building. The cover normally extends as far as the fences and driveways and includes ... 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 ... The strata corporation must have public liability insurance for an amount specified in the regulations, currently at least $10 million [s 31, reg 14]. Fidelity ... Hutch's Residential Strata policy protects bodies corporate from Property and Liability claims. In an industry first, our innovative product offering includes ... 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 ...