Strata Insurance
Protecting shared properties, common areas, and the interests of every lot owner — the right way.
What is Strata Insurance?
Strata insurance is a specialised form of property insurance designed for buildings divided into multiple lots — such as apartment complexes, townhouse developments, and mixed-use buildings. In Australia, strata insurance is a legal requirement for all registered strata schemes.
Unlike a standard home insurance policy, strata insurance covers the building as a whole — including common areas like lobbies, lifts, stairwells, pools, gardens, and car parks — as well as the shared liability of all owners within the scheme.
At HC Insurance, we work closely with owners corporations, strata managers, and individual lot owners across Australia to source strata policies that provide comprehensive protection at competitive premiums.
Please note: Strata insurance requirements vary by state and territory. Our advisors will ensure your policy meets the specific legislative requirements in your jurisdiction — whether you are in NSW, VIC, QLD, WA, SA, or elsewhere in Australia.
What Strata Insurance Covers
🏢 Building & Common Areas
- Full building replacement cover
- Common area fixtures & fittings
- Lifts, pools & shared facilities
- Storm, fire & flood damage
- Malicious damage & vandalism
- Temporary accommodation for displaced owners
⚖️ Liability & Legal
- Public liability for common areas
- Workers compensation for scheme employees
- Office bearers liability
- Legal defence costs
- Fidelity guarantee
- Government audit costs
🔧 Optional Extras
- Machinery breakdown cover
- Voluntary workers insurance
- Catastrophe cover
- Common contents insurance
- Lot owners fixtures & improvements
- Rental income protection
Need Strata Insurance Advice?
Whether you manage one building or a large portfolio, we can help you find the right strata cover at the right price.