Can insurers cancel a scheme’s policy and if so, why would they?
As trustees of a sectional title scheme, one of your key responsibilities is to ensure that your community remains properly insured. This is clearly set out in the Sectional Tite…
community scheme insurance
Why do we pay an insurance excess?
We buy insurance to secure protection for ourselves when we suffer a property loss or damage which we cannot afford to repair or replace out of pocket. When a claim…
The AGM handout and how to use it
In this short blog article, we explain the sectional title AGM handout and how it has proven to be an invaluable tool at sectional title AGMs. This simple A5 brochure…
Steps in the valuation process
While Addsure is not in the business of valuations or quantity surveying, we have decades of experience dealing with replacement cost valuations, which lie at the heart of our insurance…
Roof valleys: Maintenance tips to avoid costly repairs and claim rejections
When it comes to roof maintenance, property owners often overlook one critical area, roof valleys. These are the V-shaped depressions where two sections of a roof meet, and they play…
Are owners entitled to cash in lieu of damage claims in sectional title schemes?
When it comes to insurance claims for property damage in sectional title schemes, many owners may wonder if they are entitled to cash in lieu of repairs. The short answer…
Understanding your insurer’s response to third-party liability claims
In community schemes, incidents occasionally arise where third parties (people outside of the scheme) experience damage or injury linked to the property. Common scenarios include a gate closing on a…
Fireworks and community schemes: An insurance perspective
When I was a boy, fireworks were a thrill—exciting and fun! Even back in the 1970s, cities had designated areas for safely enjoying fireworks, especially on Guy Fawkes Night. Fireworks…
What you need to know about sectional title valuations in 2024
The cornerstone of ensuring the protection of one’s buildings lies in accurately determining their replacement values. Prescribed Management Rules 23.(3) and 23.(4) provide clear guidance on the necessary steps to…
What is the claim procedure following damage to a section?
Recently, an owner asked a question on The Sectional Title Living in SA Facebook page about the process to follow when submitting a claim following damages to her section. We…