Residential strata insurance covers common property under the management of a strata title and is usually paid for by the owners of each strata title.
The areas covered generally include common or shared property which has been defined on the title of the property and will also provide liability cover to protect strata title owners in the event that someone is injured when they are on the common property.
Remember that strata insurance doesn’t protect you if your premises or belongings are damaged; you will need to ensure that you have appropriate personal insurance to cover your home and contents, call our brokers to obtain a quote.