Strata Insurance
Commercial & Residential Strata Insurance Port Macquarie, Wauchope, Newcastle & the NSW Mid North Coast.
Find & Compare Strata Insurance Policies.
If you own or manage a property along the NSW Mid North Coast – contact Ausure Coastal for your Strata Insurance needs. Strata insurance, also known as Body Corporate Insurance or Owners Corporation Insurance, covers buildings divided into units, whether commercial or residential. For apartment complexes, townhouses, or commercial properties with multiple units, strata insurance provides essential protection against unexpected losses, liabilities, and repairs.
Strata insurance is legally required for all strata-titled properties in Australia, ensuring buildings are covered for common areas, shared amenities, and, in many cases, structural elements.
Whether you’re a property manager, strata committee member, or unit owner, finding the right insurance for your building can save you from unexpected costs and support smooth operations within your property – contact the team at Ausure Coastal today for an obligation free chat.
Contact Ausure Coastal today:
For any general insurance enquiries, reach out to Ausure Coastal Insurance Brokers. Looking for something more specific? No problem. Our team will customise a package tailored to your unique situation, industry, and business needs.
Contact Ausure Coastal Insurance Brokers
Important things to know when comparing Strata Insurance.
Coverage for Common Areas: Strata insurance typically covers areas like lobbies, stairwells, lifts, car parks, and gardens. Check that the policy you’re considering fully covers all shared spaces and amenities that could be affected by damage or liability claims.
Building Replacement and Repair Costs: The policy should provide adequate coverage for the complete rebuilding or repair of the property. Given that rebuilding costs can vary by region, it’s important to ensure your property is covered according to current local construction costs for Port Macquarie, Wauchope, Newcastle, or the broader NSW Mid North Coast.
Public Liability Insurance: Strata insurance should include public liability coverage to protect against injury or property damage claims from third parties within common areas. Ensure the policy offers sufficient coverage, as liability claims can be costly, especially in high-traffic areas.
Flood and Storm Coverage: Properties on the NSW Mid North Coast may face unique risks from weather events, particularly flooding and storms. Be sure your strata insurance policy includes coverage for natural disasters and consider additional flood insurance if your property is in a flood-prone area.
Machinery Breakdown and Maintenance: For commercial strata properties with lifts, escalators, or HVAC systems, machinery breakdown insurance is essential. This can cover repairs or replacements for essential equipment, which is especially important in multi-level or large buildings.
Legal Liability Coverage: For strata-managed properties, covering legal liability expenses related to third-party injury, disputes, or property damage is vital. Legal costs can be unpredictable, so it’s important your policy provides adequate limits.
Our Insurer Partners
Let us do all the hard work for you! We compare policies from multiple insurers to ensure you have the right policy, the right price and most importantly – the right coverage. Check out some of our Insurer Partners below.
Strata Insurance Broking Specialist on the NSW Mid North Coast: Let us help you with your Strata Insurance needs.
Ausure Coastal Insurance Brokers are your local Business Insurance Broker on the NSW Mid North Coast, and are part of Australasia’s largest general insurance broker network, the Steadfast Group. We leverage Steadfast’s scale to ensure our clients have access to a wide range of insurance companies, a broad range of products, exclusive policy options, and of course, competitive pricing. And when the time comes and you need to make a claim, you will have the backing of Steadfast behind you.
