Insurance Claims Update: The impact of stage 4 Coronavirus restrictions on property insurance claims.
Are your Owners Corporation clients experiencing difficulties paying Strata Insurance premiums, as a result of the economic impact of COVID-19? We understand this is a real issue for OC’s around Australia, and want to let you know that there are options available to help alleviate the financial strain at this time.
Premium Funding & Strata Insurance – a payment solution allowing your clients to pay their insurance renewals over a period of time, to help ease the burden of financial stress.
Coronavirus and Owners Corporations FAQ’s – clarify key concerns.
Spring bushfires in suburban areas of the Sunshine Coast in QLD, are a grave reminder that you don’t have to live in a rural area to be impacted by bushfires. The ferocity of these fires in early September, followed by horrific blazes across NSW, QLD, SA and VIC has seen
In recent times, Strata Insurance has been a bone of contention for many Strata Managers and Owners Corporations (OC) across Australia. Non-compliant building materials, property defects, and hardening insurance markets have seen Strata Insurance premiums increase substantially, often with restrictive policy conditions and high excesses imposed. To help your clients
Monsoonal deluges and the flooding that ensued became a terrible catastrophe for thousands of Townsville residents earlier this year. Severe flooding caused widespread damage to an unprecedented number of properties, including residential strata. In the aftermath of a flood, many depend on their insurance to help recoup losses. Sadly however,
When it comes to Strata Insurance, nothing is as simple as it seems. Lia de Sousa | Resolute Director, explains below the cover your clients need to adequately protect their properties and the contents inside. If there’s one thing we’ve learnt from broking Strata Insurance for 40 years, it’s that
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
Have you hired a tradesperson, or appointed caretakers to carry out works on behalf of an Owners Corporation (OC)? Make sure they have the right tools for the job. Public Liability Insurance is essential and as a Strata Manager, it’s your responsibility to ensure the tradies you engage have Public