Strata Insurance Online :: News
SHARE

Share this news item!

CHU's 2025 Report Highlights Stability in Strata Insurance Premiums

Understanding the Modest Increase and Its Implications for Apartment Owners

CHU's 2025 Report Highlights Stability in Strata Insurance Premiums?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In its recently released 2025 State of the Strata Market report, CHU, Australia's leading strata insurance underwriting agency, provides a comprehensive analysis of the current state of the industry.
The report indicates that strata insurance premiums have experienced a modest increase of 2.8%, rising from an average of $954 to $981 per lot annually in the year leading up to June 2025.
This increment is notably lower than the 14% surge observed in house insurance premiums during the same period.

CHU attributes this relative stability to the unique risk profiles associated with strata properties compared to standalone houses. Factors such as shared maintenance responsibilities and structural differences contribute to the more controlled premium adjustments in the strata sector.

Despite the challenges posed by recent weather events, including cyclones and widespread flooding, the strata insurance market has demonstrated resilience. The Australian Reinsurance Pool Corporation's (ARPC) September 2025 review confirmed that premiums for strata properties would remain unchanged, affirming the adequacy of current pricing structures.

Regulatory developments have also played a role in shaping the strata insurance landscape. Reviews in New South Wales, Western Australia, and the Australian Capital Territory are introducing new requirements aimed at enhancing transparency, consumer protection, and professional standards within the industry.

For strata property owners, this report offers reassurance that, despite external pressures, the affordability of strata insurance remains intact. It underscores the importance of proactive property management and staying informed about industry trends to ensure continued financial stability and compliance with evolving regulations.

Published:Monday, 23rd Feb 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

Sign in with Google to rate

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Why Insurance Affordability Pressure Is Still a Strata Priority
Why Insurance Affordability Pressure Is Still a Strata Priority
25 Aug 2026: Paige Estritori
Australia's latest insurance affordability signals are a timely reminder that premium pressure is not confined to detached homes. For strata communities, the same forces affecting household insurance, including natural hazard exposure, higher repair costs, reinsurance pricing and insurer risk selection, can be amplified across an entire apartment building, townhouse complex or mixed-use scheme. - read more
Why Rebuild Cost Pressure Still Matters for Strata Insurance Renewals
Why Rebuild Cost Pressure Still Matters for Strata Insurance Renewals
18 Aug 2026: Paige Estritori
Australia's latest construction cost signals suggest some relief from the sharpest building inflation of recent years, but strata committees should be careful not to treat moderation as a reason to relax their insurance settings. For apartment buildings, townhouse complexes and mixed-use schemes, the key issue is not simply whether costs are rising more slowly. It is whether the current sum insured still reflects the realistic cost of reinstating the entire property after a major insured event. - read more
Strata Committees Face a New Era of Insurance Transparency in NSW
Strata Committees Face a New Era of Insurance Transparency in NSW
11 Aug 2026: Paige Estritori
New South Wales strata communities are entering a more demanding insurance governance environment, with reforms placing greater emphasis on disclosure, quote processes and the way insurance-related benefits are explained to owners. For committees and owners corporations, the change is less about paperwork for its own sake and more about improving confidence that the building's cover has been tested properly before renewal decisions are made. - read more
What NSW Emergency Services Levy Reform Could Mean for Strata Communities
What NSW Emergency Services Levy Reform Could Mean for Strata Communities
01 Aug 2026: Paige Estritori
New South Wales strata communities should keep a close watch on renewed efforts to reform the way emergency services are funded through insurance premiums. The long-running concern is that adding emergency services charges to insurance bills can make cover look more expensive, particularly for apartment buildings, mixed-use schemes and larger owners corporations already managing high rebuilding values and complex risk profiles. - read more
Northern Strata Schemes Face Fresh Scrutiny on Cyclone Cover
Northern Strata Schemes Face Fresh Scrutiny on Cyclone Cover
25 Jul 2026: Paige Estritori
A fresh review of Australia’s cyclone reinsurance pool has put northern strata insurance affordability back in focus, particularly for apartment buildings and mixed-use schemes exposed to cyclone, flood and storm surge risk. The pool was designed to improve insurer capacity and ease premium pressure in cyclone-prone regions, but the latest discussion suggests that outcomes are still uneven for complex strata properties. - read more
Click for more Insurance News


Strata Insurance Articles

Step-by-Step Guide to Filing a Strata Insurance Claim in Australia
Step-by-Step Guide to Filing a Strata Insurance Claim in Australia
Strata insurance is a specialized form of insurance designed to protect the shared areas of a property, typically seen in apartment complexes or townhouses. It covers communal assets like hallways, gardens, and recreational facilities. This type of insurance is crucial for both property owners and managers, as it safeguards against potential risks and liabilities associated with shared living spaces. - read more
Understanding the Key Differences Between Strata Insurance and Home Insurance
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
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
Strata insurance requirements across Australian states and territories
Strata insurance requirements across Australian states and territories
Strata insurance is generally a legal obligation for Australian strata schemes, but the exact requirements differ between states and territories. This guide explains how obligations commonly work, what committees and owners should check, and why scheme type, location and policy wording matter. - read more
What information is needed for a strata insurance quote or renewal
What information is needed for a strata insurance quote or renewal
Preparing the right information before requesting a strata insurance quote or renewal review can help insurers and brokers assess the scheme more accurately. This guide explains the common details strata managers, committees and owners corporations may need to gather. - read more

Knowledgebase
Insurance Premium:
The periodic amount paid for the purchase of insurance.

Quick Links: | Strata Insurance | Strata Insurance Australia | Commercial Strata Insurance | Residential Strata Insurance | Best Strata Insurance Policy | Strata Insurance Quote | Strata Insurance Brokers | Strata Insurance Comparison | Body Corporate Insurance | Apartment Building Insurance | Owners Corporation Insurance
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We act solely as an introducer and refer enquiries to licensed third-party brokers, insurers, and lenders. We do not provide financial product advice or credit assistance. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should independently verify the credentials and licensing of any adviser or provider you engage. Visit the ASIC website for further information.