What does strata insurance cover?

Question

Stratapages · Accepted Answer

A standard strata policy covers the building (replacement cost), common-area contents, public liability for the common property, voluntary workers, office bearers' liability, machinery breakdown and loss of rent or temporary accommodation after an insured event.

It does NOT cover personal contents inside your apartment, your own legal liability for damage you cause to neighbours, or anything you've added inside your lot (carpets, blinds, custom kitchen). Owners need their own contents and landlord policies for that.

## Why the line between strata and contents matters

The line between 'building' and 'contents' is where most disputes happen. As a rule of thumb: if it was there when the lot was first sold by the developer, it's likely building; if you installed it, it's likely contents.