Strata & Body Corporate Insurance
Protection For Residential and Commercial Strata Buildings, Shared Property And Common Areas.
Strata insurance is complex, highly regulated and mandatory under Australian state and territory legislation. Executive committees and strata managers must balance accurate building valuations, rising maintenance costs and increasing premiums, all while protecting shared property and community funds.
As specialist strata insurance brokers, we act strictly on behalf of the Owners Corporation. We secure comprehensive, compliant cover that meets legislative requirements and protects the building, its common property and its committee from financial risk.
Strata buildings involve shared responsibility and shared exposure. A burst pipe, fire, storm event or liability claim can create significant financial pressure for owners. Without the right insurance, the Owners Corporation may face unexpected levies, legal disputes or costly repairs.
Strata & Body Corporate Insurance ensures your building, its common areas and its committee remain protected, compliant and financially secure.
We Will Make Sure You Have The Right Cover In Place
Building & Common Property Damage
Fire, storm, water damage, accidental damage, impact, vandalism and other insured events affecting the building structure and shared property.
Common Area Liability
Protection if someone is injured or their property is damaged in common areas such as hallways, stairwells, driveways, foyers or shared facilities.
Office Bearers’ Liability
Cover for committee members and office bearers if they are accused of mismanagement, errors or breaches of duty while acting on behalf of the Owners Corporation.
Fidelity / Crime
Protection against theft or fraud committed by committee members, employees or third parties.
Catastrophe Cover
Additional protection for rebuilding costs following declared catastrophes such as bushfires, floods or cyclones.
Voluntary Workers Cover
Benefits for individuals performing unpaid work for the Owners Corporation who are injured while assisting.
Machinery Breakdown
Cover for lifts, pumps, motors, boilers and other essential building machinery.
Lot Owner Fixtures & Improvements
Protection for upgraded kitchens, bathrooms, flooring and other improvements depending on the insurer’s wording.
Don't Just Accept Your Next Premium Increase
Send us your current policy schedule for a fast, hassle-free value check, or let’s have a quick chat to discuss your options. No obligations, just honest feedback.
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Insurance Risk Brokers Pty Ltd ABN 98 701 524 174 Trading As IRB - Insurance Risk Brokers is an Authorised Representative (No. xxxxxx) of SMS Insurance Pty Ltd T/as repX ABN 32 361 928 456 AFSL No. 425573.
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