Claim settlement of a destroyed section
The matter of market values (purchase price) and replacement values (rebuilding costs) has been the subject of many discussions, but it’s important to distinguish these two values from each other.…
Rian Pienaar
The role of the loss adjuster
What is a loss adjuster? Loss adjusters are independent claims specialists appointed by the insurer (insurance company or underwriting agency) to investigate the larger, more complex or contentious claims on…
Sectional title insurance and perils not covered
The implications of uninsured perils vs. claims circumstances are illustrated in the following incident. An owner claimed for damp damage inside his section and indicated three possible causes for the…
The origin and importance of sectional title policy
The early types of insurance policy and the negative implications Initially, sectional title insurance was underwritten on the same basis as the normal buildings combined insurance. This meant that a…
How to deal with illegal structures
[Updated: 30 May 2025] Illegal structures erected by sectional title owners remain a persistent challenge in community schemes. Let’s explore a common example and unpack the implications: The scenario An…
Items in the open
[Updated: 12 April 2026] In providing insurance cover for the insured property an insurer and the insured property owner should consider all the actual and potential risks associated with the…
Earthquake insurance
Following the 5 August 2014 earthquake, the insurance industry was, once again, bombarded with questions around Earthquake cover. Let’s unpack some of the issues around earthquakes in the sectional title…