STRATA INSURANCE
policy covering shared and common areas in properties like apartment buildings and townhouses, including the building's external structure and communal facilities like pools, gardens, and lifts.
STRATA INSURANCE COVERAGE
WHAT DOES STRATA INSURANCE COVER?
Strata insurance covers common areas and shared facilities that occupy the space ensuring that the interests of all owners are covered from physical and financial interruption.
This type of insurance is a mandatory requirement for strat schemes and is organised by the owners corporation or body corporate.
EXAMPLE OF HOW STRATA INSURANCE WORKS
In the event of a fire damaging a unit, strata insurance would cover the repair or replacement of the damaged property. It may also cover temporary accommodation costs for residents if the damage makes common areas unusable, minimising the disruption to their living arrangements.
STRATA INSURANCE
- Common Areas
- Property
- Shared Facilities
request a quote
At Benton Insurance Services, we pride ourselves on offering a diverse range of insurance solutions tailored to meet the unique needs of our clients.
Whether you’re a business owner, an individual, a landlord, or a tradesperson, our comprehensive offerings ensure that you have the protection you need. From safeguarding commercial enterprises and personal assets to providing specialised coverage for trades, farms, and aviation, our insurance options are designed to offer peace of mind and security.
Explore our offerings to find the right coverage for your specific requirements.
CALL NOW
1300 738 686