Individuals who own and lease their strata properties often hold expectations that Strata Insurance will insure them for events occurring inside their apartment – this is not the case. Landlord Insurance is essential in order to cover a landlord’s fixtures and fittings, rent default and public liability for inside the
Believe it or not, having the right Landlord Insurance in place can play a key factor in reducing a Landlord’s overheads in the long term. While having minimal cover or reducing the scope of a Landlord Insurance policy is not something we recommend, we understand the importance of getting the best value
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy. What are the changes? Property types eligible for insurance
Are your Strata clients often confused about Strata Insurance, what it covers, and the other insurance policies they need in place to protect their assets? Below we answer the most common questions we get asked on Strata Insurance, to help you guide your clients through this often confusing area of insurance.
What is Office Bearers Liability Insurance? Office Bearers Liability Insurance is an important cover designed to provide protection to the Owners Corporation Committee members against losses arising from alleged wrongful acts committed in the course of carrying out their duties as the committee. In what is becoming an increasingly litigious
With the most significant Strata Law Reform* package in decades passing the NSW Parliament, it is essential that as a Strata Manager, you understand how these changes are going to impact the duties and obligations you have to your clients come November 30, 2016. While many of the new laws affecting
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