Insurance & Claims Information and a step-by-step guide to managing the claims process for strata properties affected by the NSW & QLD Flood Catastrophe.
Insurance Claims Update: The impact of stage 4 Coronavirus restrictions on property insurance claims
Insurance Claims Update: The impact of stage 4 Coronavirus restrictions on property insurance claims.
Catastrophes, Coronavirus, and its’ effect on Insurance Claims… “It’s not business as usual”
The effect of recent natural disaster catastrophes, and the Coronavirus (COVID-19) on the claims insurance market.
Claims Insurance Market Update
The last six months have seen an unprecedented number of insurance ‘catastrophes’ declared in Australia. Many homes, cars and businesses experienced serious damage, resulting in a major spike in insurance claims across the nation. Unprecedented catastrophes in Australia Insurance events declared catastrophes over the last 6 months are as follows:
A guide to property defects and Strata Insurance
Do any of the OC properties you manage have defect issues? Are your clients hoping Strata Insurance will cover the defect and resultant damage? Unfortunately it isn’t quite that simple. Renee Cassidy, Claims Manager at Resolute Property Protect explains… With high demand for property and inner city living, apartment buildings
Not satisfied with a Strata claim outcome? There are options to take it further.
If your client receives a Letter of Denial for their insurance claim, it isn’t a particularly welcome outcome, especially if they feel the insurance claim should have been covered under the policy. However, they are able to take comfort from the fact that a denial letter doesn’t have to be
What can happen when a Strata property is underinsured?
Are your clients aware of how they could be impacted if their Strata property is underinsured? We recently received this important question on underinsurance from Australian Strata property blog LookUpStrata. Our response below has been prepared by Renee Cassidy | Claims Manager, Resolute Property Protect. Scenario: I believe the Building Sum
Are you storm ready?
Do your OC clients know what steps to take if their apartment or unit is damaged in a storm? Renee Cassidy, Claims Manager at Resolute Property Protect advises her top tips for you to share with your clients should their property suffer damage during a severe weather event. It’s a wintery