Strata Insurance Online :: Calculators

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Strata Insurance Online Strata Insurance Calculator

Estimate your strata insurance needs with our Strata Insurance Calculator. Calculate the right levels of cover to protect your building investment and secure your financial livelihood.

Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.

Strata Insurance – Sum Insured Calculator

Help your strata committee/body corporate tally a recommended sum insured by itemising building works, facilities, essential systems and common contents. The calculator also factors in professional fees, debris removal and an inflation/contingency buffer. It produces a neat JSON summary for quotes.

Scheme type

No. of lots (optional)

Property address (optional)

GST treatment Commercial/mixed schemes commonly work ex‑GST; confirm your status.

Main building structure

Primary structure(s), basements, carparks, roofs, facades, lifts shafts, stairwells, lobbies, internal services risers.

Common facilities

Lifts/elevators, pools, gyms, saunas, recreation rooms, BBQ areas, plant rooms.

Essential systems & services

Fire protection systems (sprinklers, hydrants, alarms), security/intercom/CCTV, electrical switchboards, pumps, solar arrays, backup generators, underground services.

External structures & siteworks

Fences/gates, driveways/paths, retaining walls, letterboxes, landscaping, pergolas, bin enclosures.

Common contents (optional)

Lobby furniture, gym equipment, cleaning gear, small tools. Handled separately from building works

Allowances

Professional fees (%) Architects, engineers, surveyors. Applied to building works (excludes contents).

Demolition & debris removal (%) Applied to building works (excludes contents).

Inflation / contingency buffer (%) Applied to the total after fees & debris (including contents).

Financier (optional)

Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.

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Strata Insurance Articles

Is Strata Insurance Mandatory for Apartment Buildings? The Essential Guide for Owners

Strata insurance is a specialized type of insurance designed for properties that are divided into multiple units or lots, such as apartment buildings. It protects the entire building’s common property and the individual interests of the owners. This includes coverage for areas like hallways, gardens, and shared facilities. - read more

Strata Insurance Explained: What’s Not Covered and Why It Matters

Strata insurance is a type of cover designed specifically for properties that are subdivided into individual lots or units, which is common in residential and mixed-use developments. It protects the overall structure and shared areas of the property and is usually managed by a strata management body. This insurance is crucial not just for safeguarding the building itself but also for ensuring that common property, such as gardens, hallways, and balconies, is covered against a range of risks. - read more

Can I get Strata Insurance for Mixed-use Properties?

Strata insurance is a type of insurance designed specifically for properties that are managed under a strata title scheme. This typically includes multi-unit developments like apartments and townhouses. It covers common areas, such as gardens, hallways, and swimming pools, and provides protection for the owners' corporation against various liabilities and risks. - read more

Understanding the Key Differences Between Strata Insurance and Home Insurance

Strata insurance is a specialized type of insurance designed to cover multi-unit properties like apartment buildings and townhouses. It protects the common property and the shared interests of all owners within the strata scheme, offering coverage for facilities like pools, gardens, and shared structures. - read more

Benefits of Bundling Strata Insurance with other Policies

Strata insurance is a specialized form of insurance designed to protect the common property and assets of a strata titled property, which is especially important for property owners in Australia. It provides coverage for shared areas such as hallways, gardens, and pools, as well as liability protection for incidents that may occur in these common spaces. - read more

Insurance News

CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts

22 Jan 2026: Paige Estritori

CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry. The report offers valuable insights into premium movements, the impact of weather events, regulatory developments, and emerging risks affecting strata insurance. - read more

ICA Calls for Strata Law Reforms to Address Rising Insurance Costs in Victoria

22 Jan 2026: Paige Estritori

The Insurance Council of Australia (ICA) has recently called for substantial reforms to Victoria's strata legislation, citing a direct correlation between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians residing in strata-titled properties, the need for effective management and oversight has become increasingly critical. - read more

Sure Insurance Expands Strata Coverage to $20 Million to Enhance Affordability in Northern Queensland

22 Jan 2026: Paige Estritori

In a significant move to address the longstanding issue of insurance affordability in Northern and Regional Queensland, Sure Insurance has announced an increase in its residential strata insurance coverage from $5 million to $20 million. This strategic enhancement aims to provide body corporates and lot owners with more competitive premium options and improved access to essential insurance services. - read more

CHU Unveils Enhanced Residential Strata Insurance Policy

06 Jan 2026: Paige Estritori

CHU, Australia's leading strata insurance underwriting agency, has announced the launch of a new residential strata insurance policy designed to better support property owners and strata communities. This initiative reflects CHU's commitment to delivering customer-focused solutions that simplify insurance processes and enhance community resilience. - read more

Sure Insurance Boosts Strata Coverage to $20 Million

06 Jan 2026: Paige Estritori

Sure Insurance has announced a significant expansion of its residential strata insurance coverage, increasing the replacement value limit from $5 million to $20 million. This strategic move is designed to address the affordability crisis and improve access to insurance for apartment complexes in Northern and Regional Queensland. - read more

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Knowledgebase

Insurance Policy Excess:
The amount you will have to contribute when you make a claim.

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