Smart Business Insurance
Level 11, 484 St Kilda Road Melbourne, VIC3004
$ Phone: 1300 542 573

1300 542 573

TALK to a SMART Business Insurance adviser

Strata Title Insurance is applicable to property, subdivided land and any building on the land into lots and common property.

Each Lot consists of 'units' or 'apartments', which may cover the building itself (any area owned by the owners which form part of the lot).

Common property covers everything above, below and around the building and its land that is not already contained in any current strata lot(s). This includes: stairs, driveways, car parks, paths, gardens, etc.

Who needs Strata Title Insurance?

Strata Title Insurance may provide coverage for property owners for all types of strata or unit title buildings which include:

  • Residential
  • Commercial
  • Retail& Offices
  • Sub-divided Building: Dwelling and Commercial/ Retail
  • Apartments, Resorts & caravan parks
  • Warehouses
  • Townhouses
  • Retail shops or offices
  • Storage units

These may be registered under strata or unit title legislation and cover loss or damage to the building itself and common property.

Talk to Smart Business Insurance Specialists on 1300 542 573 to discuss Strata Title Insurance for your property.

Strata Title Insurance for Owners Corporations

In general terms, an Owners Corporation is responsible for the following main insurances:

  • The main building and any outbuildings
  • Public liability
  • Workers Compensation
  • Voluntary workers cover

Each State and Territory in Australia provides separate terms and conditions when it comes to Strata Schemes being enforced.

Buildings which include common contents and property may be covered as well as Liability, Workers Compensation and Fidelity Guarantee.

Public Liability Insurance is essential to insure against death or injury to a person or damage to property. Public Liability Insurance coverage will generally range from $5,000,000 to $20,000,000, depending on the situation.

Lot owners should consider Public Liability for any special circumstances involving their lot which is not covered by the insurance taken out by the Owners Corporation. Understanding what is and isn't covered under the insurance policy put in place by the Owners Corporation is of extreme importance.

Smart Business Insurance place cover for many Owners throughout Australia whether it be for single lot dwellings or large common property apartments.

You can call us at 1300 542 573 to TALK to our SMART Business Insurance Strata Title Specialists, or email us as at

1300 542 573

TALK to a SMART Business Insurance adviser

Business Hours:

Monday – Friday 8.45 am - 6.00 pm AEST