What does my strata insurance cover? Strata Insurance Solutions

Do I Need Building Insurance For A Strata Unit Nsw. NSW Q&A Does it make any difference to strata insurance if the property is rented If a property is part of a strata, body corporate or community titles residential building like an apartment building, then the owner may already have. This will be taken care of by your body corporate or strata and is one of the many things covered by your ongoing strata fees

You need building insurance if your property or strata unit isn't fully covered by the body corporate's policy This generally covers the building/s and common or shared property under the management of the building strata title

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Strata insurance usually includes cover for common areas such as gardens, lifts, walls, windows, pools, ceiling, floors and some liability cover for injury to people on common property Car Insurance, Motorcycle Insurance, NSW and SA CTP Insurance, ACT MAI Insurance, Caravan Insurance and Travel Insurance are issued by AAI Limited ABN 48 005 297 807 AFSL 230859 (AAI) trading as AAMI That just leaves you to take care of your contents insurance.

NSW Q&A Is strata insurance commission compulsory? LOOKUPSTRATA YouTube. Strata insurance doesn't cover any personal contents in individual units or lots For example, in NSW strata won't cover paint and wallpaper, while in Queensland strata doesn't cover air conditioning units

Strata Insurance The Importance Of Building Maintenance Strata Plan YouTube. The key thing to know about insuring your apartment is that you generally don't need to worry about building insurance This will be taken care of by your body corporate or strata and is one of the many things covered by your ongoing strata fees