Community Association
What is Community Association Insurance
Understand your insurance obligations and options for shared property, communal facilities and individual lots.
What is a community association?
A community association is a parcel of land subdivision where there is a shared use and ownership of community property and amenities.
Community Associations can include a mix of residential homes and commercial properties spread over a large area of land with insurance responsibilities divided between common areas and individual lot owners.
Community Association schemes are referred to by different names depending on the state or territory. Here’s how they are defined across Australia:
New South Wales
Community Associations (including Precincts and Neighbourhood Associations).
Queensland
Standard Format Plans (SFPs) with standalone lots that do not form part of a voluntary body corporate insurance scheme. While these schemes are not strictly community association titles, for the purposes of insurance whereby cover is only being sought for community or common property, CHU’s Community Association policy is suitable.
Western Australia
Survey Strata Scheme.
South Australia
Community Corporations.
Australian Capital Territory
Community Title.
Community Association Insurance at CHU
CHU has several products suitable for owners within a Community Association. As a collective, owners can insure the community property under our Community Association policy. In this case, the insured name is an entity as opposed to individuals; for example, Deposited Plan 123456.
Individual lot owners can choose to cover their individual home and contents insurance or, if the property is leased as an investment, they can choose Landlord Insurance.
Tenants who reside in a home forming part of a Community Association can also cover their personal belongings under our Contents Insurance policy.
Community Association FAQs
Categories:
Why Choose CHU
CHU has several products suitable for owners within a Community Association. As a collective, owners can insure the community property under our Community Association policy. In this case, the insured name is an entity as opposed to individuals; for example, Deposited Plan 123456.
Individual lot owners can choose to cover their individual home and contents insurance or, if the property is leased as an investment, they can choose Landlord Insurance.
Tenants who reside in a home forming part of a Community Association can also cover their personal belongings under our Contents Insurance policy.
CHU Award Wining Medals
Awards include ANZIIF Underwriting Agency of the Year Award (2017–2018, 2021–2023), Insurance Business Australia Underwriting Agency of the Year (2021, 2022 & 2025) and Claims Team of the Year (2024).
