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Are you covered? Are you sure? Navigating the insurance maze in a strata community can be complex, so before you rush in to purchase contents insurance, we recommend you talk to your body corporate/owners corporation committee about the strata insurance policy to find out what
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During the 18th century, in the days before municipal fire departments, building owners paid insurance companies to send their own fire fighters to stop a blaze. Bad luck if the first fire fighters on the scene didn’t belong to your insurer – they wouldn’t fight
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Insurance requirements for strata titled properties can be confusing. Often it is hard to state as a general rule what is covered by the owners corporation and what an owner is responsible for. When it comes to something as significant as insurance, it’s important that
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Insurance requirements for strata titled properties can be confusing. Often it is hard to state as a general rule what is covered by the owners corporation and what an owner is responsible for. When it comes to something as significant as insurance, it’s important that
Read more
Insurance requirements for strata titled properties can be confusing. Often it is hard to state as a general rule what is covered by the body corporate and what an owner is responsible for. When it comes to something as significant as insurance, it’s important that
Read more
Brisbane Hail/Storm Event 27/11/2014 The storm was described in the local papers as the storm of the decade. Cyclone strength winds and large hail storms hit areas of Brisbane ranging from Forest Lake through to Milton, with suburbs such as Albion, Chermside and Aspley also
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Kristi Harris Having worked in the strata industry for some time, one of the most common stories I hear is unit owners or occupiers not having the right insurance and being left out of pocket for damaged property, even when not at fault. I regularly
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Far North Queensland strata residents are welcoming a project introduced by major insurer CGU to combat high insurance premiums. Insurance premiums have increased significantly over the last few years, with catastrophic weather events in the region meaning an increased pricing of risk. The problem has
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I recently heard two troubling stories. Let me share them with you. In one story, an inexperienced building manager was struggling with the issue of insufficient storage space. Having nowhere else to put them, he placed rubbish bins and various other items in front of
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For most people, dealing with insurance is enough to guarantee a raging headache. Unfortunately, for owners and tenants of strata-titled properties, insurance requirements and details are even more complicated. Here at SSKB, we commonly receive questions from bodies corporate, owners and tenants about what they
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The SSKB team of professionals deal with many enquiries on a range of issues to do with body corporate insurance. The following information will outline some of the general provisions in relation to the Body Corporate and Community Management Act (BCCM). The body corporate must
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From all the staff here at SSKB, we would like to extend our sympathies to those living in strata communities who have suffered loss or damage as result of the floods and cyclonic conditions across Queensland.
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