Are blocked pipes covered by insurance?
There is no requirement in community scheme legislation for insurance to attend to unblocking pipes. The mainstream community scheme insurers we work with exclude the unblocking of pipes or blocked…
Addsure
Cover for garden landscaping and removal of trees
Many community schemes have outdoor spaces that have well-maintained landscaped gardens that add a touch of elegance and tranquility, thereby enhancing the overall aesthetics and quality of life for the…
Asbestos is finally on its way out
It has been a long time coming. Asbestos is outlawed and building owners, including homeowners, were advised to make plans for the removal of damaged asbestos. According to asbestos consultants,…
What is the insured’s contractual duty following a claimable event?
Facing a community scheme claim event can be a stressful experience. To ensure a smooth process and maximize your chances of a successful insurance claim, it’s crucial for the owners…
Geysers – the most common claim
[Updated: 12 December 2024] Statistically, around 70% of claims are geyser-related. Geyser replacements seem to account for half of these, with the other half being the resulting damage, i.e., damage…
Actions following an insurance valuation
In terms of The Sectional Titles Schemes Management Act 8 of 2011 (STSMA), specifically, Prescribed Management Rule 23.(3), A body corporate must obtain a replacement valuation of all buildings and…
Sectional title insurance and the valuer
It is advisable for executives, trustees, or directors of a community scheme to regularly commission a professional replacement cost valuation of the buildings, aligning with the scheme’s size and nature.…
The difference between retaining walls and boundary walls
A boundary wall serves as a dividing structure between two pieces of land (defines boundaries) and a retaining wall serves to split levels of ground to prevent the higher level…
Sectional title valuations: How to avoid a common error when updating the insurance sums
(Updated: 12 December 2024) One of the most common errors which occur following a professional valuation, is the duplication of escalation. This happens very easily as quantity surveyors and many…
Email spoofing and the value of fidelity guarantee insurance
Under the current Community Schemes Ombud Service (CSOS) Act, all community schemes are required to have sufficient fidelity guarantee insurance. It is also prudent to include protection against incidents of…