We have provided a brief general description of various covers outlined in this section, this is not intended to constitute or replace personal advice. As always you should read and consider the relevant Product Disclosure Statement to ensure it is suitable for your needs. For personal advice you should contact our office and speak with one of our qualified team.

Residential Strata Insurance

A Strata Title provides the legal ownership of a portion of an apartment block. These portions are known as 'lots'. Owners of a ‘lot’ receive a title deed to their unit. You can sell, lease or live in your lot as you would a house. Each unit owner owns the interior spaces of the lot, but the building as a whole is owned by the Owners Corporation.

Strata Title Insurance is issued to the Owners Corporation and covers the building and other common area contents as well as legal liability.  Each individual unit holder is responsible for insuring their own contents and liability for incidents occurring inside their unit.

In addition to the cover for the building, and common liability the residential strata insurance can also provide the following covers in accordance with the strata titles act.

  • Directors and Officers Liability – Protects the strata committee for decisions they may make.
  • Fidelity Guarantee – Protects the strata from misappropriation of strata funds.
  • Voluntary Workers – Provides personal accident cover for volunteers if they are injured whilst volunteering and cannot attend their normal work.

We have exclusive arrangements in place that allow us to issue this same policy for strata complexes where the complex is used for holiday accommodation.

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At Austbrokers Southern, we listen, we act and we get the job done!

Austbrokers Southern is the South Coast’s leading Insurance Broker providing insurance for businesses and individuals for over 25 years. Austbrokers Southern, previously known as M and F Agencies is the South Coast's leading insurance broker.

Austbrokers Southern is part of the national Austbrokers Network, established in 1985.

Austbrokers significant growth has been largely achieved through the acquisition of equity in selected insurance broking and financial services businesses that allows individual brokers to retain a significant interest in their own broking business.

Austbrokers Southern will provide you with our individual commitment to always look after you, not only at the time of placing the insurance, but providing full support when you have a claim. This is when your insurance really needs to act.

We are known for our integrity and ethical dealings with our clients, insurance providers and colleagues within the Insurance Industry as a whole.