Strata Property
Cover that protects the scheme and the owners.
From common property to office bearers strata insured properly.
Whether you manage a residential block, a mixed-use scheme or a commercial strata complex, we arrange strata cover around the building, the common property, the by-laws and the liability exposures that sit with the owners corporation.
The Problem
Strata claims expose gaps ordinary property policies miss
Storm damage to common property, a visitor injury in shared areas, or an office bearer dispute can leave a scheme underinsured if sums insured, liability limits or catastrophe cover were never reviewed properly. Generic commercial packs rarely match strata by-laws or lender requirements.
Ideal Insurance Brokers reviews the scheme type, the common property and the committee's obligations, then compares 220+ insurer markets that understand Australian strata risk.
220+
Insurer markets
98%
Claims success focus
1
Dedicated adviser
What We Arrange
Cover built around the owners corporation
Buildings, common property, liability and office bearers reviewed together so a scheme claim is not left to a gap between policies.
- 01
Buildings & common property
Structure, common areas, plant and fixtures covered for fire, storm, flood (where available), impact and malicious damage on a reinstatement basis aligned to the scheme's valuation.
- 02
Public liability
Cover for injury or property damage arising from common property and scheme operations with limits that satisfy owners, managers and lenders.
- 03
Office bearers liability
Protection for committee members and office bearers against claims arising from decisions made in the management of the scheme.
- 04
Catastrophe & voluntary workers
Where needed catastrophe cover, voluntary workers personal accident and machinery breakdown extensions reviewed against how the scheme actually runs.
How We Help
Built for strata managers and committees
A small residential block does not need the same program as a multi-tower mixed-use scheme. Your cover reflects the by-laws, the assets and how the committee operates.
01
Valuation & by-law review
We check reinstatement valuations, insurance schedules and by-law requirements so sums insured and named interests match what the scheme has committed to.
02
Manager & committee coordination
We work with strata managers and committees so renewals, certificates and claim notices are clear not left to the last AGM agenda item.
03
Claims advocacy
When storm, water or liability hits common property, your dedicated adviser manages the claim and keeps reinstatement moving not a call-centre queue.
Next Step
Ready for cover that matches the scheme? We'll review your strata property insurance.
Tell us about the building, the common property and what your by-laws or lender require. We'll compare specialist markets and come back with options that fit the scheme.