Apartment life is only getting more popular as Australian cities get denser, but many strata organisations are still purchasing their insurance without the benefit of an insurance broker's advice.
Very often, a strata manager will arrange the insurance without any input from body corporate committees. If you live in a strata unit, how do you know you’re getting the best deal, or know that you’re home is properly covered for the unique risks it faces?
That’s where an insurance broker can help. They can make sure strata title buildings – whether residential or commercial – have the cover you need at the best price the market has to offer.
The two-minute video below will help make sense of strata insurance.