with Madeline Barra.
Every year apartments and units are becoming increasingly more popular. Because of this the number of strata titled properties in Australia is growing rapidly. This in turn increases the need for Strata Insurance.
In Queensland it is a requirement by law that as a unit owner in a registered strata titled property (depending on the type of plan your property has been registered under), you must have a Strata Insurance policy. This can be quite daunting if you are just entering the body corporate world, as the insurance requirements for strata titled properties are governed by legislation and regulations that must be adhered to.
At NQIB it is our goal to provide as much information about your body corporate policy to ensure each unit owner has an understanding of what a strata policy is, what the policy conditions are and how the policy works. As a local broker we don’t just help you source the appropriate cover for your circumstances, we also provide you with a dedicated Claims Team, who will assist you in the event of a claim, from start to finish.
This short video explains how an insurance broker can be a vital ally for body corporates.
In Queensland it is a requirement by law that as a unit owner in a registered strata titled property (depending on the type of plan your property has been registered under), you must have a Strata Insurance policy. This can be quite daunting if you are just entering the body corporate world, as the insurance requirements for strata titled properties are governed by legislation and regulations that must be adhered to.
At NQIB it is our goal to provide as much information about your body corporate policy to ensure each unit owner has an understanding of what a strata policy is, what the policy conditions are and how the policy works. As a local broker we don’t just help you source the appropriate cover for your circumstances, we also provide you with a dedicated Claims Team, who will assist you in the event of a claim, from start to finish.
This short video explains how an insurance broker can be a vital ally for body corporates.
Strata Insurance Explained from NIBATV on Vimeo.
