Q&A: Who pays the Strata Insurance excess on a leaky pipe claim?
In the event of water damage due to a leaky pipe in a Strata property, who is responsible for paying the excess - the owner or the body corporate?
The Bureau of Meteorology (BoM) has issued warnings following ex-Cyclone Debbie with severe thunderstorms, torrential rain and flash flooding expected in south-east Queensland and northern New South Wales*
State authorities have warned residents to either stay home or leave work early to ensure that they do not get caught outside once the weather changes.
Whitbread’s thoughts are with those that have been affected, and our dedicated claims team is at hand to assist you in any way possible for damages your property may sustain due to these storms.
To contact our Claims team, please call 1300 424 627 or email: firstname.lastname@example.org.
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
With over 40 food and beverage products recalled so far this year (as of 5th October 2017), the impact of a product recall can cause severe damage to a manufacturer’s reputation and bottom line.
Unfortunately the frequency Strata Managers are faced with these issues is growing, and none are a problem that can be brushed aside. Strata Managers may either be held liable or joined in legal action if they have failed, or been alleged to have failed to disclose true information in relation...