Life in a strata title community can pose the odd challenge, so why add insurance to the stress?
The reality is that Owners Corporations throughout Australia must hold adequate insurance under State law. This form of insurance covers shared property and facilities within the community, and public liability protection for both residents and visitors in the event of accident or injury. You can ask for more detail on your insurance needs here.
Lot owners sometimes think their Owners Corporation insurance also covers their private property and possessions, or risks such as fire or flooding. This is almost never the case; you need to think about personal insurance.
When your Owners Corporation appoints Turnbull Cook to handle its affairs, you and your lot owners and tenants benefit from access to our skilled managers’ knowledge and our strong contacts with quality Australian insurers.
We can advise you on what to look for in strata title insurance cover and how to source the right level of valuations and cover for your own property at competitive rates.
If your OCM is more us than you, more contract than contact, call Ben Willox on 03 8697 0600. To find out more about successful Owners Corporation services download our 10 Steps to Owners Corporation Success.