Ascot Insurance Group is proud to offer tailored cover for commercial or residential buildings under a strata, group, body corporate or community title.
We provide specialist knowledge of State and Territory legislative requirements for insuring strata properties and understand that every property has different & unique insurance requirements.
Strata insurance policies are a package type of policy which provides cover for various aspects of risks a Strata property and it’s committee will face:
Damage to Buildings and Common Area Contents,
Additional cover for escalation of repair costs following Local or Regional Catastrophe
Office Bearers Legal Liability
Lot/Unit Owners Improvements.
Compared to Residential Strata properties, Commercial Strata properties have even further insurable requirements as they often have a broader scope of Common Area Property i.e. Roads, Underground Services, Car Parks, Lifts, Entertainment Areas etc
Contact the team at Ascot Insurance Group to help you review and seek alternative quotes on your next Strata insurance policy renewal.