Blogs

Why are defects becoming harder to insure? – Part 3

2022 marked a significant change by insurers in their approach to insuring buildings that contain defects.  It is now becoming inherently difficult to insure buildings that have defects, this article...
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Why are defects becoming harder to insure? – Part 2

2022 marked a significant change by insurers in their approach to insuring buildings that contain defects.  It is now becoming inherently difficult to insure buildings that have defects, this article...
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Why are defects becoming harder to insure? – Part 1

2022 marked a significant change by insurers in their approach to insuring buildings that contain defects.  It is now becoming inherently difficult to insure buildings that have defects, this article...
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Emergency repair: What is and isn’t covered by strata insurance?

Question Summary: My shower and bathtub suffered a burst pipe in the middle of the night, which severely damaged my kitchen ceiling and bedroom flooring. The leak penetrated through different...
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What You Need to Know About Water Damage Claims – Part 1

Water Damage claims are one of the largest sources of claims for strata insurance and they make up almost half of the claims lodged by Strata Insurance Solutions. In a...
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Who is Responsible for Building Defects?

Strata insurance covers “sudden and accidental damage” and most policies will exclude cover for rectification of faulty or defective materials or workmanship. Building Defects: Depending on your situation and on...
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