Sadly, this month we had to deal with a devastating event when a lot in one of the Bodies Corporate that we manage burnt down. Fortunately, functioning smoke alarms alerted the occupiers to danger and the family exited quickly and safely, immediately calling the fire brigade. The family was shocked at how quickly the fire spread. The lot has had to be demolished and will be rebuilt over the next six months. Experts believe the fire sparked from a gecko caught in the air conditioning.
The aftermath has been stressful for the family as they find temporary accommodation, purchase necessities, interact with people and organisations involved in the rebuild. In a disaster like this having adequate insurance cover and an up-to-date insurance valuation is comforting. Tracsafe had ensured that the committee had addressed these issues appropriately. In this specific case, the insurance policy covers temporary rental accommodation for lot owner occupiers whilst the townhouse is being rebuilt.