Australia’s first and and one of the largest residential strata specialist.
CHU created the very first award winning strata plan insurance policy in Australia and started trading in Sydney in 1978. CHU has grown to become one of Australia’s largest strata insurance specialists, arranging insurance for more than 100,000 strata buildings.
Residential Strata Insurance Plan
It is mandated under legislation in each state and territory for strata title properties to hold residential strata insurance.
While each state and territory has different legislative requirements, it’s designed to cover common areas as defined on the property’s title including common property such as lawns, driveways, lifts and pools from events such as theft, storm, water, fire and malicious or accidental damage.
Strata insurance must also provide liability cover in the event of personal injury in connection with the insured property.
The CHU Residential Strata Insurance Plan includes cover for:
Emergency and temporary protection
Legal liability
Temporary accommodation and rent
Removal and storage of contents due to damage to property
Office bearers' legal liability - optional
Why choose CHU?
Almost 1 million properties protected
24/7 Claims Process and Emergency Hotline
Over 40 years of insurance expertise
Important documents
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PDS and policy wording for policies effective 1 October 2023 |
Download |
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What has Changed for policies effective 1 October 2023 |
Download |
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PDS and policy wording for policies effective 1 January 2022 - 30 September 2023 |
Download |
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Target Market Determination (TMD) |
Download |
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PDF Quote Form |
Download |
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Why Choose CHU Flyer |
Download |
Residential Strata Insurance Information By State:
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Residential Strata Insurance Information By State:
Strata Insurance Queensland
In Brisbane and throughout Queensland, body corporates and community title schemes bear the responsibility of maintaining and ensuring the safety of common areas as stipulated by the Body Corporate and Community Management Act 1997 (Qld). You can find out more about strata insurance for QLD here.
Strata Insurance New South Wales
In Sydney and New South Wales, owners corporations bear the responsibility of managing five key areas within their scheme: property, finances, insurance, records, and building defects, as mandated by the Strata Schemes Management Act 2015 No 50 (NSW). Find out more about legislation on how strata are managed in NSW.
Strata Insurance Victoria
Throughout Melbourne and Victoria, owners corporations are entrusted with fulfilling a spectrum of responsibilities delineated in the Owners Corporation Act 2006 and additional regulatory frameworks.
In line with our dedication to residential strata insurance, CHU provides comprehensive protection tailored for Victoria's owners corporations. Learn more about it here.
Strata Insurance South Australia
In South Australia, the responsibility for maintaining the safety and maintenance of common property falls upon state-specific strata schemes and community corporations. Our comprehensive strata insurance policies encompass coverage for public liability, building damage and repairs, theft from common areas, and recovery costs associated with catastrophic events for your residential strata. Learn more here.
Strata Insurance Western Australia
In Perth and throughout Western Australia, the responsibility for maintenance and repair of common property, as well as public liability in common areas, lies with strata companies. Significant reforms to shared and community titles are currently underway in Western Australia. CHU's comprehensive strata cover ensures protection for strata companies in WA. Learn more about it here.
