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Strata Insurance

Strata Insurance

Protecting Strata Communities and Shared Property

Strata properties have unique insurance requirements, with responsibilities shared between owners, committees and strata managers. Strata Insurance is designed to help protect residential, commercial and mixed-use strata properties against a range of insured risks while supporting compliance with applicable state and territory requirements.

Momentum Insurance Brokers helps owners corporations, body corporates, strata managers and property owners source Strata Insurance solutions tailored to their property’s size, occupancy and individual needs.

 

What Can Strata Insurance Include?

Depending on the policy selected, cover options may include:

 

Building Insurance

Common Property Cover

Public Liability Insurance

Shared Contents Cover

Machinery Breakdown

Office Bearers’ Liability

Fidelity Guarantee

Catastrophe Cover

Temporary Accommodation (where applicable)

Legal Expenses Cover

 

Coverage, exclusions, benefit limits and policy conditions vary between insurers.

 

Who May Benefit?

Strata Insurance may be suitable for:

 

Owners corporations

Body corporates

Residential apartment complexes

Townhouse developments

Commercial strata properties

Mixed-use developments

Strata managers

Unit owners

 

Why Speak With Momentum?

We take the time to understand your property, ownership structure and insurance requirements before sourcing Strata Insurance solutions through a broad network of Australian insurers and specialist underwriters. Our team provides practical advice and ongoing support to help protect your shared property and assets.

 

Speak With Our Team

Whether you’re managing a residential complex, commercial strata property or mixed-use development, Momentum Insurance Brokers can help you explore Strata Insurance solutions tailored to your needs.

Contact our team today to discuss your Strata Insurance requirements.