With the predicted weather events for NSW and QLD, we are aware that there may be a significant number of claims for water damage, with lodgements expected to increase. Our team is prepared and ready to assist. To help you navigate this situation and the insurance claims process, we have provided some important information.
Strata insurance market outlook 2025
Looking forward to the new year, there is hope that 2025 will be less turbulent and more predictable than 2024. Reflecting on the past year, we have seen the following trends in the market…
Tobacconists and vapes – not just bad for your health
Tattoo shops and massage parlours have been on the list of ‘uninsurable’ risks for some time. Tobacconists have recently joined the watch list, with some insurers declining cover due to the increased claims risk resulting from targeted firebombing attacks and ram raids.
Batteries doing more than charging – lithium batteries lighting up!
Fires ignited by charging lithium-ion batteries in apartments have been prevalent in the media. Some apartment owners are looking to limit or even ban electric bikes and scooters and charging their batteries in the building.
Mastering strata insurance: Seven essential tips to navigate challenging times
Insurers are becoming increasingly risk-averse in the face of natural disasters, resulting in changes to policy, reduced competition and sharp increases in premiums. The surge in demand for building materials and construction services is driving up maintenance costs, while the rising cost of living sees strata owners desperately seeking avenues to reduce expenses.
The Strata Insurance Market Explained
Understand the Strata Insurance market landscape and how to achieve the best outcome for strata properties The strata insurance market is always an interesting place. This guide provides you with an insight into the factors that shape the market and a realistic outlook for strata insurance premiums. It delves deeper
Strata Insurance Market Outlook 2024
What’s in store? In 2024, the world of strata is looking to be a lot like 2023: While the above features roll on into 2024, we also expect to see: Premium predictions While we don’t have a crystal ball, the market indicates that premiums will increase between 10% to 15%
Resolute’s Christmas hours & emergency claims assistance 2023
The Resolute team would like to wish you and your family Merry Christmas, happy holiday and hope that you enjoy a wonderful start to the New Year! As we enter the holiday season, we want to notify you that Resolute Property Protect will be observing closure on the public holidays
Resolute holiday season opening hours.
Resolute Property Protect will be closed on public holidays over the festive period, and have a smaller team available to assist until Monday 10th January, 2022. Resolute will close from 2pm on Christmas Eve, and reopen at 8:30am on Wednesday 29th December, 2021. Our office will also be closed on
NSW & QLD Flood Catastrophe – Insurance & Claims Information for Strata Properties
Insurance & Claims Information and a step-by-step guide to managing the claims process for strata properties affected by the NSW & QLD Flood Catastrophe.