Finding a local strata title insurance product that provides comprehensive cover can be a problem – unless you’re with RACT Insurance. Our product includes strata-specific cover eg office bearers and legal liability, all at an affordable price!
Our specially designed strata building insurance covers you for the insured events (e.g. fire, storm or flood) plus the added protection of cover for your common area, such as the driveway, carport and fencing. You also receive our 25% safety net, which assists you if the cost of repairs or rebuilding exceeds your sum insured.
You would also be covered for common area liability, common area contents, embezzlement of funds, office bearers’ liability and guarantee on repairs whislt you own your strata building.
For policies pre 1st June 2019 please read the Strata Building Insurance Product Disclosure Statement.