In Victoria, owners corporations are mandated to fulfill various obligations and duties as per the Owners Corporation Act 2006 and associated legislation.
As in residential strata insurance and commercial strata insurance, CHU covers Victoria’s bodies corporate against liability for public areas, building damage and repair, cost of recovering after a disaster, theft and damage in relation to common area contents, and legal liability of body corporates.
Residential Strata Insurance Plan
Commercial Strata Insurance Plan
What does CHU Strata Insurance cover?
In Victoria, we cover:
- Damage to the fabric of the building
- Damage to, or theft of the contents of common areas
- Relevant costs incurred in repairing or recovering from a catastrophe
- Legal liabilities for personal injury or property damage
- Voluntary workers
- Fraud and misappropriation
- Office bearers’ legal liability
- Machinery breakdown
- Government audit and legal expenses
We can provide advice on both residential and commercial strata insurance.
Need more strata information?
For Victoria-specific strata and regulatory information, visit:
