Where can lot owners find more information about their strata scheme's insurance coverage?

In this article, we will explore the coverage provided by flood insurance policies, debunk misconceptions about flood cover, and provide insights into ... Find out what insurance a body corporate must take out if it is registered under a building format plan. Why pick Strata for your insurance needs? Save time and money. Nobody loves getting insurance. But we make it easy and hassle-free by shopping around to find ... Strata insurance typically covers common area contents, the building and shared property in the event of loss or damage. Generally, events like theft of common ... Welcome to Strata Insurance. Badly managed Insurance processes cause anxiety and stress for you, your Owners Corporation Management colleagues. It typically covers common areas like hallways, gardens, roofs, and shared facilities. The insurance provides financial protection against damage, theft, or ... 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. Mar 22, 2020 ... Strata insurance provides cover for the property & responsibilities of the owners corporation. Typically, strata insurance will not provide cover. Strata Insurance covers residential buildings within a complex and common areas such as garages, sealed driveways, and swimming pools.