Strata Insurance | Building & Body Corporate Insurance

Stay Fully Covered with The Help of Our In-House Strata Insurance Specialists

Strata Data are the Strata experts with over four decades of experience in all aspects of body corporate management in Adelaide, including body corporate insurance. A family-founded business, we’re passionate about building, maintaining, and ensuring better residential and commercial communities across South Australia.

Our fully qualified team of expert insurance managers take the hassle out of insuring your property. From finding and securing the right cover, to handling the (often complicated) claims process, we’ll find the right solution to fit your corporation needs.

There is no ‘one-size-fits-all’ solution for insurance. At Strata Data, by using a variety of insurers, we’ll find the best value and most appropriate cover for your common property. At the end of the day, you get to choose which insurance company and what level of cover you want.

Tailored strata solutions by Strata Data

Even Self-Managed Corporations Can Rely on Our Strata Insurance Services

If you are part of a self-managed corporation, you can still experience the benefits of our comprehensive insurance services to ensure you’re fully covered. We’ll assist with everything from organising cover to managing claims, so your property and corporation are fully and appropriately insured for complete peace of mind.

Strata insurance is mandatory in Australia and must conform to local state legislation. As such, it’s important to have South Australia-based experts onside for this process. At Strata Data we’re committed to providing great value insurance cover for all of our valued clients.

Find the right strata insurance for your building

Need a PDS?

 

Click above to find our list of insurers Product Disclosure Statements.

 

We can help you with

Strata Title Insurance which is general cover for common property.

Community Title Insurance for all community grounds for the whole of the complex.

Tenant related risks such as loss of rental income or damage to your contents and building by tenants.

Protect your body corporate and the personal assets of all lot owners including extra cover.

Lowered Levies & Cost

Our group located in Burnside has been managed by Strata Data for over 25 years since 1989. Over the past 3 years, Strata Data has helped arrange major …

Hilary Twiggs, Presiding Officer. Corporation | High Street & Lockwood Road, Burnside

Prompt Response Provides Assurance

We have appointed Strata Data to act as our Body Corporation Managers for a property we own situated at 150 Esplanade Brighton. They are currently the Body Corporate …

Antonia Drusian, Owner. Corporation | 150 Esplanade, Seacliff

Well Informed Of Changing Regulations

Strata Data have been brilliant in helping to run and manage our Strata group in both consulting on regular on-going issues and also the annual meeting and financial …

Grant Phillips, Presiding Officer. Corporation | 242 Trimmers Parade, West Lakes

Effective Finance Management

I have nothing but praise for Strata Data who have managed our Body Corporate since our multi-storey apartment building was completed in 2011. Our dedicated Body Corporate Manager …

Adam Hopprich Corporation. Adam Hopprich Corporation.

Cost Reductions & Legal Matters

Liberty Towers changed Body Corporate Managers to Strata Data at the beginning of 2010. We found a new sense of professionalism, objectiveness and independence in the people at …

Garry Smith, Presiding Officer. Corporation | Liberty Towers, Glenelg

Our FREE Insurance Review Will Put You On The Right Track

If you’d like to know if you’re adequately insured or to find a better quote simply fill in your details below and we’ll get in touch with you soon.

Utilising Strata Data for Strata Building Insurance

Choosing the right body corporate insurance can be challenging – we’re here to make the process as smooth as possible. As an established Strata management company, we’ve found that the best way to find appropriate and satisfactory insurance options is first by listening to our clients and learning about their unique needs.

Once we’ve spent time learning about our clients, their needs, and their goals, we’re in a good position to guide them through selecting the most appropriate Strata insurance solution.

At Strata Data, we’re passionate about making it as easy as possible for body corporates to arrange comprehensive Strata insurance. Our insurance team have a wealth of knowledge and only offer solutions that give the best possible protection for each building and common property.

The team at Strata Data work hard to live up to our motto of ‘people over profit’ which means that when providing Strata insurance services, we’ll make every decision with your best interests at front of mind.

When you choose to work with us, you’re partnering with the Large Strata Management Business National Winner of 2019 and 2021. We understand Strata and Body Corporate legislation inside out, so there’s no one better to turn to for Strata building insurance services than the expert team at Strata Data.

 

 

Frequently Asked Questions

What Does Strata Insurance Cover?

Strata insurance covers the building and any common property as listed on the title. This includes gardens, lifts, car parks, swimming pools, balconies, walls, windows, wiring, pipes, floors, and ceilings etc. Body corporate insurance does not cover any belongings in an individual lot including any internal fittings, furniture, or personal possessions.

What Do My Quarterly Contributions Go Towards?

Quarterly payments are gathered from all owners and the amount you pay will usually be worked out based on the unimproved value of your lot. The higher the value of your lot, the more your quarterly contributions will be. These payments are used for the running costs and maintenance of common property including things like cleaning, Strata insurance, electricity, landscaping, and routine checks of fire alarms.

What Kind of Insurance Do I Need for My Home?

That depends – likely, contents insurance and potentially building insurance.

Is your home part of a Strata, Community or Body Corporate? If so, the building insurance will be handled differently. Your Strata Manager will be able to advise on whether or not your property is protected under the group’s cover, or if you will be required to arrange your own building insurance for your lot.

However, when it comes to contents insurance, it is always on the onus of the owner to arrange coverage. Contents insurance will essentially cover all of your personal belongings, floor coverings, internal fixtures and fittings and appliances (like your oven, dishwasher, wardrobes etc.), in the case of any damage occurring.

Is There a Difference Between Strata Title, Body Corporate, and Community Title?

The terms Strata Title, Community Title, and Body Corporate are often used interchangeably, but there’s no significant difference in the meaning.

The confusion comes from a change in legislation back in 1996 which was changed from the Strata Titles Act to the Community Titles Act. So anything built pre-1996 is a Strata Title and anything post-1996 is Community Title. Body Corporate is used for both titles.

What Is Strata Management?

When an apartment block or group of townhouses are subdivided under Community or Strata Title a managing body is required to maintain common property and manage issues that concern the owners. Owning a dwelling in a Community or Strata Title property means that you own your ‘lot’ as well as a proportion of the building common areas.

With so many parties involved in decision making affecting common property, it’s generally more efficient for a body corporate to hire a professional Strata management team to deal with the everyday running of the property. Strata managers are appointed by the body corporate to act on behalf of the owners collectively.