The Strata Company has a duty not only to insure the common property, but to make certain that the insurance policy they effect conforms to the minimum legislative requirements.
Prior to your insurance renewal being due, we request quotations from Insurance Companies. A Class Strata Service receive 3 most appropriate and cost affective quotations and forward these to the Council and Owners for selection and approval. This also includes a small report and brief outline of the benefits and differences between the quotations making selecting the appropriate cover easy for the Council and Owners.
It is imperative that your scheme is insured for the correct value, includes policies appropriate to your scheme and at competitive rates.