Commercial Strata Insurance has been designed to cover the particular insurance needs of a commercial strata title property which are not covered under a typical commercial property insurance policy. Commercial Strata insurance is mandatory and each state and territory has different legislative requirements that deal with insurance for strata title properties. The policy covers the building, common property and common contents for commercial strata title properties.
Your policy can be tailored to suit your individual insurance requirements, regardless of the number of units or type of commercial strata property, so you only pay for the cover you need.
Please note: This is a general description of cover only – full details are set out in the Policy wording