Strata Community Insurance

Owners become members of a Body Corporate, Owners Corporation, Strata Company, Community Association or other similar legal entity when they buy into a Strata or Community title scheme. Owners have a share in both the assets and liabilities of the entity and a legal responsibility for maintenance, repair and overall management of the common property. … Read more

Strata buildings are complex structures with key components like water pipes, electrical wiring, air-conditioning systems, ventilation and lift systems in place. Much of this infrastructure is hidden out of sight either in cavity walls, cupboards, roof spaces or under flooring so it does not upset the aesthetic appearance of a strata property, apartment or lot. … Read more

When I buy a Strata unit or ‘lot’ what do I actually own? When you buy a unit or ‘lot’ in a strata scheme you do not individually own everything within that lot. In fact, the external walls, the floor and roof do not usually belong to the lot owner. These areas are usually common … Read more

When I buy a Strata unit or ‘lot’ what do I actually own? When you buy a unit or ‘lot’ in a Strata scheme you do not individually own everything within that lot. In fact, the external walls, structural internal walls, structural floor, roof and sometimes even some internal fittings do not usually belong to … Read more

When I buy a Strata unit or ‘lot’ what do I actually own? When you buy a unit or ‘lot’ in a strata scheme you do not individually own everything within that lot. In fact, the external walls, structural floor, roof and sometimes even some internal walls and fittings do not always belong to the … Read more

Pest inspections/treatments may appear to be expensive for a strata committee. However, they are an essential part of any good maintenance programme within a strata complex. Pest activity can affect roof voids, subfloors, interior and exterior areas. Common pests include but are not limited to: rats/mice cockroaches/fleas termites (white ants) wasps/ants wildlife (possums, birds, lice, … Read more

What is cladding? From early in the 1990’s, aluminium composite panel (ACP) became a standard material for medium and high-rise buildings across Australia, revolutionising the building sector by providing a low-cost, aesthetically pleasing skin or layer that was easy to attach to a building’s framework. Cladding is technically any layer of material applied over another … Read more

With the WA strata sector worth more than $170 billion and comprising 300,000 strata lots, new strata reform in the State supports the delivery of more affordable and sustainable community living spaces. The reforms will bring enhanced regulation and increased accountability for Strata Managers. In addition, Owners will have more of a say in the … Read more

Be Prepared: How to Manage Burst Pipes Water Damage: The No. 1 cause of strata claims. At Strata Community Insurance, just under 70% of claims raised relate to water damage. Burst pipe claims are becoming more severe and expensive, often causing damage to furniture, appliances, floors, walls and ceilings. Added to this is the inconvenience … Read more

Your obligations to insure for full reinstatement and replacement value of your strata building Body Corporate (BC’s) are required to insure for full reinstatement and replacement value. Unless a BC has an up-to-date valuation, extra care must be taken to ensure that any movement in building material and labour costs is taken into account throughout … Read more