What are the insurance implications of shared facilities between residential and commercial lots?

The strata insurance policy provides property coverage for Common Property, including any buildings shown on the strata plan, the common assets and any ... Jul 5, 2023 ... ... insurance coverage. Trowbridge strata review. John Trowbridge released the final report in his independent review of strata insurance in May. May 5, 2021 ... Minimum insurance. Insurance is important to protect your owners corporation (formerly body corporate) and the personal assets of all lot owners ... 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 ... World class insurance software. Powering profitable growth for insurance retailers and modern digital journeys for consumers, CDL Strata is the retail platform ... Strata insurance protects the building and common areas or facilities, with the premiums paid for by the owner's corporation. Dec 16, 2024 ... This guide outlines essential changes in how SCA members disclose strata insurance practices. At Vantage Strata, we're proud to follow this guide. Mar 21, 2022 ... Strata insurance is designed to cover all shared elements of a strata building or property. The following list outlines commonly accepted strata insurance ... Hutch's Residential Strata policy protects bodies corporate from Property and Liability claims. In an industry first, our innovative product offering includes ... Strata insurance in NSW is designed to protect the owners corporation of a strata title property. Strata building insurance covers common or shared property ...