Excess recovery and timing in sectional title insurance claims
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…
insurance
Ceiling plaster delamination collapse in a sectional title section: Is it claimable?
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…
Damp management process for sectional title schemes
Damp remains one of the most common and most misunderstood issues reported in sectional title schemes. While much of the existing guidance understandably focuses on whether damp-related damage may or…
Alternative energy systems: Solar inverter systems
Introduction Over the past three years, alternative energy systems — including battery backup power storage — have become increasingly common as fixed, permanent improvements to buildings. These systems may include…
Can an owner insure their unit separately from the body corporate policy?
We often get asked a simple but important question: “Can an owner insure their unit separately from the body corporate’s policy?” It sounds straight forward, perhaps a few owners or…
Standard and non-standard construction in insurance
Understanding property classification in building insurance Upon a request to provide insurance for a building, the insurer will require sufficient data on the nature of the structures to determine the…
Who pays the excess when copper pipes and taps are stolen from outside the building in a sectional title environment?
The responsibility for paying the insurance excess depends on your scheme’s management rules. Unless specifically amended, most schemes operate under the Prescribed Management Rules (PMRs). These rules outline who is…
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…
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…