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Strata Insurance

Protecting Shared Spaces & Peace of Mind.

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If you own a townhouse, unit, apartment, or duplex and share common spaces with others, you want to be sure you're protected against unexpected damage or costs. Strata Insurance covers the building, common areas, and shared facilities-so you’re not left footing the bill for repairs or liability claims.

What Does Strata Insurance Cover?

Strata Insurance typically includes protection for:

  • The Building & Common Property - Covers structural damage to the building, including walls, roofs, and shared spaces.
  • Common Areas & Facilities - Protects areas like hallways, driveways, pools, lifts, gardens, and car parks.
  • Public Liability - Covers legal and medical costs if someone is injured in a common area.
  • Storm, Fire & Water Damage - Safeguards against weather events, floods, and accidental damage.
  • Legal Costs - Provides coverage for disputes related to the building or common property.

Who Needs Strata Insurance?

Strata Insurance is compulsory in every Australian state for properties managed by an owners' corporation (also known as a body corporate). This means if you’re part of a shared building, the owners' corporation must have a policy in place to protect all unit owners. The cost of the insurance is split between all owners through strata fees.

Why Work With a Broker?

Navigating Strata Insurance can be complex, especially with different policies and regulations in each state. An insurance broker can arrange the right coverage on behalf of the owners' corporation, ensuring your building is protected while keeping premiums cost-effective.

At Q-Select, we help simplify the process, finding the best coverage for your building so you can enjoy peace of mind knowing your shared property is in safe hands.