Glass Damage in Strata Property
Welcome to a informative guide on managing glass damage claims in strata properties. In this article, presented by Strata Insurance Solutions, we will walk you through the steps to handle glass damage incidents seamlessly. If you're faced with glass damage in your strata building, read on to understand the process, find trusted glasiers, and optimise your claim for GST benefits.
Understanding Glass Damage Claims: Glass damage is a common occurrence in strata properties, and fortunately, it's usually covered by the Strata Insurance Policy. However, navigating the claims process efficiently can save time and ensure a smooth resolution.
Steps to Handle Glass Damage Claims:
Contact Reputable Glaziers: When faced with glass damage, your first step is to contact a trusted glazier. Two reputable options are Express Glass and O'Brien’s Glass. They can assess the damage and provide a quote for repairs or replacement.
Obtain Quotes or Invoices: Request a quote from the chosen glazier, outlining the repair or replacement costs. If you prefer to proceed with the repair, ask them to issue an invoice.
Invoice Naming and GST: If your Owners Corporation or Body Corporate is GST registered, ensure that the invoice is issued in their name. This allows them to settle the full amount and claim GST reimbursement from the Australian Tax Office.
Documentation: Keep thorough records of all communication, quotes, and invoices. These documents will be essential when filing a claim with the insurance provider.
Benefits of Proper Handling:
Efficiency: Swiftly resolving glass damage claims ensures the safety and aesthetics of the property.
Insurance Compliance: Adhering to proper procedures helps ensure you receive the coverage entitled to you.
GST Reimbursement: Proper invoicing enables the Owners Corporation to claim back GST, maximizing benefits.
Expert Assistance from Strata Insurance Solutions: Strata Insurance Solutions is your trusted partner in managing strata property insurance matters. With years of experience and a commitment to exceptional service, we offer expert guidance to navigate glass damage claims and other insurance-related issues effectively.
Handling glass damage claims in strata properties requires a systematic approach to ensure swift resolution and optimal benefits. Remember to engage reputable glaziers, request proper quotes or invoices, and be mindful of GST considerations.. For more insights and guidance on strata insurance, follow us on LinkedIn and YouTube.
This information is of a general nature only and neither represents nor is intended to be personal advice on any particular matter. Shandit Pty Ltd T/as Strata Insurance Solutions strongly suggests that no person should act specifically on the basis of the information in this document, but should obtain appropriate professional advice based on their own personal circumstances. Shandit Pty Ltd T/As Strata Insurance Solutions is a Corporate Authorised Representative (No. 404246) of Insurance Advisernet Australia AFSL No 240549, ABN 15 003 886 687.