Building contractors and/or plumbing contractors that may attend to work on buildings, be it repairs or improvements, could accidentally cause a water flooding event that damages the buildings and related…
In many sectional title schemes and homeowners’ associations, the question regularly arises as to whether the full insurance policy schedule should form part of the AGM pack circulated to owners.…
When does the excess become payable? When a large insurance claim occurs in a sectional title scheme, one of the first questions that usually follows is “When does the excess…
When a geyser is replaced, owners or trustees are sometimes surprised when electrical problems suddenly begin appearing shortly afterwards. A breaker starts tripping, an isolator overheats, or an older electrical…
One of the questions we hear regularly when quoting on scheme building insurance is: “Why do you need our current policy and claims history? Isn’t that just to undercut the…
A concerning incident was recently raised on social media after a substantial layer of plaster reportedly separated from a concrete ceiling slab and collapsed into a kitchen area within a…
When it comes to protecting a community scheme’s money, there’s often one simple but important question: Who should arrange the fidelity cover – the body corporate or the managing agent?…
Here we focus on the buildings aspect of sectional title insurance, one of the three main areas being buildings, property owner’s liability and fidelity cover. We often hear the same…
Is a leaking balcony covered by insurance? A leaking balcony is covered by insurance only if the damage was caused by a sudden, identifiable event such as a storm. If…
Damage happens. Injuries happen. That doesn’t automatically mean the body corporate is liable. Clearing up this one point can clear up many disputes and liability claims in sectional title schemes. So,…