March 2019 – Ownership, maintenance and insurance
A very important concept is to realise that the BCCM legislation complicates whether the body corporate or lot owner should […]
Insurance, Legislation, Maintenance
Insurance
Insurance, Maintenance
November 2018 – Insurers have a lot of power
A recent storm on the Gold coast affected one of the schemes that we manage. There was water damage to two
Insurance, Legislation
August 2018 – Home office and body corporate insurance
Committees are often concerned about the impact of a lot occupier’s home office in a residential complex. There are relevant BCCM
Best practice, Insurance, Legislation
Insurance valuation
Cost conscious Committees may sometimes believe an insurance valuation is unnecessary or they believe their insurer is providing this valuation.
Best practice, Insurance
Why we use an insurance broker
We recently started a new Body Corporate scheme on behalf of a developer. At the first AGM, there were many new
Insurance, Issues, Maintenance
Insurance denied!
We heard recently of a case where a Body Corporate on a Standard Format Plan was denied insurance. The buildings in
Insurance, Issues, Maintenance
Insurance confusion
In Building Format Plans, the Body Corporate is responsible to insure the buildings on scheme land. Most insurance policies include