Protecting shared residential properties with tailored strata solutions
With access to a wide range of insurers, we provide options and advice to suit the unique needs of each property.
Why Residential Strata Insurance matters
What does Residential Strata Insurance cover?
Residential Strata Insurance can include protection against:
- Accidental loss or damage to the insured property
- Earthquake, explosion, or fire
- Lightning strikes
- Malicious damage
- Storm and flood events
- Theft from common areas
- Glass breakage
Policies generally extend to include shared property features such as:
- Outbuildings and garages
- Car parks
- Tennis courts and recreational areas
- Balconies
- Lifts
- In-ground pools and spas
How we support you
- We arrange the most appropriate level of cover for your residential strata property.
- We work with a range of trusted insurers to provide competitive options.
- We are available to review and update policies as properties or circumstances change.
- We act as your advocate at claim time, liaising directly with insurers to achieve a fair and timely resolution.
Protect your strata community
Residential Strata Insurance helps safeguard the shared spaces, facilities, and structure of your property. Contact us today to arrange a tailored strata insurance solution.
Frequently Asked Questions
- Does Strata Insurance cover my personal contents?
No. Strata Insurance covers the building and common property but not individual unit owners’ contents or personal belongings. You will need a separate Contents or Landlord Insurance policy for those items.
- What is the difference between Strata Insurance and Landlord Insurance?
Strata Insurance protects the building and shared property on behalf of the body corporate. Landlord Insurance covers an individual unit owner’s fixtures, fittings, rental income, and liability risks associated with leasing their unit.
- Who is responsible for arranging Strata Insurance?
The body corporate or owners’ corporation is generally responsible for arranging Strata Insurance on behalf of all unit owners. Premiums are typically funded through strata levies.
- Does Strata Insurance cover shared facilities?
Yes. Strata policies can extend to features such as lifts, car parks, outbuildings, swimming pools, spas, tennis courts, and balconies.
- Is Strata Insurance compulsory?
Yes, in most states and territories in Australia. The specifics vary, but legislation generally requires body corporates to hold Strata Insurance to protect the building and common property.
