Mandatory Protection for Strata-Titled Properties
Residential Strata Insurance covers the building structure and common areas of strata properties, protecting against events such as fire, storm, theft, and malicious damage. This cover is required by law for all shared-title buildings.
Comprehensive Protection for Shared Property Features
The policy includes building exteriors, common areas, shared facilities, and legal liability for accidents or injuries that occur within those spaces. It ensures that all owners within a strata plan are protected from significant financial risks and unexpected damage.