When it comes to claims within the realm of body corporates and homeowners’ associations (HOAs), understanding the fine print is as essential as it is intricate. This voyage through validity will steer you through the tumultuous waters of claims, ensuring that you chart a course that safeguards your community’s interests. The Pinnacle of Validity: PMR […]
In the realm of fire, knowledge and preparedness are your mighty allies. Portable fire extinguishers, your trusty comrades, stand ready to ward off the inferno. But remember, wielding them requires insight and strategy. Let’s embark on this fiery journey, equipped with wisdom and ready to face the flames, as these are crucial lessons for trustees […]
Let’s unravel the enigma that binds insurance and National Building Regulations – a nexus vital to safeguarding our sanctuaries. Winsure, in its quest for clarity, illuminates the interplay between insurance and the law. Picture it as a symphony where each note contributes to a harmonious whole. The Synchronized Symphony of Insurance and Law Consider this: […]
Let’s tackle a vital topic – how design and construction can influence your insurance claims at your sectional title body corporate or homeowners’ association. We’re here to shed light on the distinction between insurance coverage and home guarantees, so you’re armed with the right knowledge. First things first, insurance isn’t a magic wand for all […]
Hello, fellow homeowners! Let’s get down to brass tacks when it comes to safeguarding your property against water damage. In recent times, we’ve witnessed a surge in insurance claims due to building damage caused by rainfall and flooding. We’re here to guide you through it all. Get ready to have some shed light on how […]
Hello there, savvy homeowners! Today’s topic is rising damp – that pesky water that decides to creep up from the ground or exterior walls and make itself at home in your property. But fear not, we’re here to unveil its secrets and help you guard against its watery invasion! The Lowdown on Rising Damp Picture […]
Ahoy there, homeowners! We’re diving into a wet and wild topic today: waterproofing. Yes, that superhero defence against water, rain, and leaks that can creep into your home. But hold onto your umbrellas, because we’re going to unveil the mysteries of waterproofing in sectional title homes. Water Woes and the Art of Waterproofing Water might […]
Hey there, solar enthusiasts! We know you’re all about soaking up those rays and harnessing the power of sunlit tech like solar panels, inverters, and generators. But hold on tight, because with great solar power comes great responsibility – and yes, we mean insurance! Let’s dive into the nitty-gritty of making sure your solar setup […]
For a newly appointed trustee of a body corporate, it can often feel like walking into a work of utter confusion and over reaching responsibility. Here are a few tips to help you get settled into your role and help you understand how your body corporate is doing when it comes to insurance. First Tip: Claims History Ask your […]
What is a claims ratio (often referred to as a loss ratio) when it comes to your Body Corporate policy? It is extremely important for a Managing Agent & the Trustees to be able to interpret this, especially when it comes time for your policy to renew and if you are re-quoting. The claims ratio […]