Strata Insurance
Strata insurance is one of the few covers the law effectively requires a scheme to hold, and to hold at the right value — an out-of-date valuation can leave every owner exposed after a major loss. We arrange body corporate cover that meets the obligation and reflects a current rebuild figure.
Quick Quote
60 secondsYour quote for
Strata
The number of units or lots in the building.
The company, trust or individual name the policy goes in.
No obligation. Subject to eligibility and underwriting.
What strata insurance covers
Building & common property
The structure, common areas and shared services against fire, storm and damage, insured to a current rebuild valuation as the scheme is required to hold.
Common-area liability
For injury or damage to others in the common property — a slip in a shared foyer, a car park incident. The scheme's liability, not an individual owner's.
Office bearers & management
Cover for the committee's decisions and duties, plus the machinery, catastrophe and legal-expenses extensions a scheme should carry.
Cover, limits and examples shown are general in nature and subject to eligibility, underwriting and the terms of the issued policy.
Authorised Representative of McLardy McShane Partners Pty Ltd (AFSL 232987).
Is strata insurance compulsory?
What does strata insurance cover, and what do owners insure themselves?
How often should the strata valuation be updated?
Ready to get strata covered?
Tell us what you drive in about 60 seconds and we come back to you with options.
Stonewell Insurance Pty Ltd (ABN 23 645 965 699) is a Corporate Authorised Representative No. 1285612 of McLardy McShane Partners Pty Ltd (ABN 14 064 465 309, AFSL 232987).