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  • Home
  • About
  • Products & Services
    • Commercial Insurance
      • Aviation Insurance
      • Business Insurance
      • Business Interruption Insurance
      • Contract Works Insurance
      • Corporate Travel Insurance
      • Cyber Protection Insurance
      • Event Insurance
      • Farm Insurance
      • Marine Transit Insurance
      • Motor Insurance
      • Strata Insurance
      • Workers Compensation Insurance
    • Professional Risks
      • Management Liability Insurance
      • Professional Indemnity Insurance
      • Public and Product Liability Insurance
    • Personal and Domestic
      • Home and Contents Insurance
      • Landlord Insurance
      • Cyber Insurance for Families
  • Resources
    • Home and Contents Quote
    • Motor Quote Request
    • Landlord Insurance Quote Request
    • Notify a Claim
    • Residential Insurance Calculators
    • Financial Services Guide
    • Privacy Policy
    • Underinsurance
  • News
  • Contact

Strata Insurance

What is Strata Insurance?

If you own a townhouse, unit, or apartment, and your sharing common space with others, you don't want to be left to foot the bill if there's damage to shared parts of the building or items..

Strata insurance protects the building and common areas or facilities, with the premiums paid for by the owner's corporation.

Who should consider it?

Strata insurance is a compulsory in every state - so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or duplex, the owner's corporation will need strata insurance.

An insurance broker can arrange strata insurance on behalf of the owners' corporation.

Strata Community Association

As a strata owner, you also have a share of an unlimited liability for anything that goes wrong, which is why strata insurance is compulsory in every state and territory.

Did you know?

Strata insurance premiums vary, depending on the level of risk exposure of the area where the building is located (Insurance council of Australia, Strata Owners’ Fact Sheet, 2018)

1/3

According to the Insurance Council of Australia, many strata schemes pay around a third of the premiums of an equivalent stand-alone home policy (Strata Community Association, Understanding Stata, 2018)

30.6%

The number of apartments in Australia is increasing - with a 30.6% rise in apartment approvals predicted in November 2017 (ABC website, “Apartment boom continues as development approvals jump” 2018)

Looking for Commercial & Domestic Insurance

Beyond Insurance can help you better identify the risks to your business and provide the most appropriate insurance cover.

Get in touch with us!

Contact us

info@beyondinsurance.com.au

03 9958 3870

Level 1, 683 Burke Road, Camberwell, VIC 3124

PO Box 310, Camberwell VIC 3124

Beyond Insurance Group

ABN 19 167 227 170

CAR No. 001279205

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Beyond Insurance Group Pty Ltd is a Corporate Authorised Representative (CAR No. 001247437) of McLardy McShane Partners Pty Ltd AFSL No. 232987, ABN 14 064 465 309.

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