Strata Insurance Australia
The business insurance cover you need will depend on the type of business you operate. At CMX, we specialise in tailoring your coverage to your specific business needs.
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Tailored Insurance Cover for your Strata
Strata insurance is a type of insurance that the owners’ corporation is obligated to take up to insure the building, common property, and common areas of a strata scheme.
CMX will find tailor the insurance cover to your strata needs.
Strata Insurance Australia
Strata Insurance, also known as Common Property, Body Corporate, Owners Corporation or Residential Strata Insurance is designed to cover strata title properties and includes insurance cover for:
Multiple dwellings and shared access on a common property
Shared contents
Loss of rent
Temporary accommodation
Cover for strata committee members and office bearers against claims for a wrongful act
Strata insurance is mandatory in NSW and in othter states across Australia. It provides public liability insurance coverage for people that may be injured on common property. It also covers the building and shared property in the event of loss or damage.