Strata insurance support

Compassionate and comprehensive insurance support to help protect your property

For many of us, our property is our most valuable asset. That’s why it’s crucial to have insurance coverage to protect us from unexpected expenses or even the loss of our home. Finding adequate insurance cover for the common property that meets the requirements of your committee while remaining affordable can be a complex and daunting task. We are here to help make this process easier for you.

Why get common property insurance?

For many of us, our property is our most valuable asset. That’s why it’s crucial to have insurance coverage to protect us from unexpected expenses or even the loss of our home. Finding adequate insurance cover for the common property that meets the requirements of your committee while remaining affordable can be a complex and daunting task. We are here to help make this process easier for you.

Join the community of over 200,000 property owners who have partnered with us to help care for their properties.

Before renewing your agreement, take a moment to compare your options. Our quick and easy form can be completed in less than 30 seconds.

Why source your insurance with us?

We work with several specific brokers to help source a suitable strata insurance product legally required for your property. These include:

Delivering swift, reliable, and compassionate insurance support during unexpected weather events

Nature can be unpredictable and, sometimes, downright devastating. In such trying times, wouldn’t having a reliable and prompt support system be comforting? Enter the PICA Group insurance response team – Your beacon in the storm!
From fielding initial distress calls to managing complex insurance claims, our exceptional team made a remarkable difference during the 2023-2024 weather events in Queensland.
PICA Group provides comprehensive, compassionate support that helps people affected to bounce back.

Our insurance support services follow four key steps:

Immediate assistance

Our on-call team is available 24/7, ensuring you’re never stranded during a crisis.

Rapid claims processing

Our commitment to speed and accuracy helps you get your claims approved faster, alleviating financial pressure in crucial moments.

Full-scale restoration

We don’t just help cover your losses - we facilitate and manage repairs to common property.

Long-term support

Beyond initial recovery, we assist in preventative strategies to safeguard your property against future incidents.

In the face of unpredictability, our insurance response team works hand in hand with the strata, owners corporation or body corporate teams. They offer reliability, professionalism and a sincere dedication. With PICA Group, you won’t have to face the aftermath of a disaster alone.

Insure your common property today

To find out more about our insurance support services, contact us using the form on this page and we’ll be in touch soon.

Disclaimer: The information provided is a general guide only, and is not intended as a substitute for legal advice. PICA Group disclaims all responsibility and liability for any expenses, losses, damages and costs which might be incurred as a result of the information provided. ©PICA Group 2024

The 3 types of insurance strata property owners will need

Each type of insurance covers a different area or aspect of strata property ownership

If you live in a strata property, you’re likely aware of what it means to share the joy – and burdens —  of community living. One thing that can really make a difference when burdens come your way is comprehensive strata insurance.

Strata property owners typically share the premium costs of strata insurance and contribute to these through strata levies. Strata insurance is mandatory and must also include public liability covering people that may be injured on common property.

Keep reading to learn which specific types of strata insurance strata property owners should take out.If you live in a strata property, it’s wise to take out comprehensive strata insurance to protect your investment. Here are the three main types of insurance you should consider:

  1. Strata insurance
  2. Contents insurance
  3. Landlord insurance

Contents insurance covers household and personal possessions such as clothing, jewellery, furniture, computers, art, electronics and white goods belonging to you in the event of loss or damage.

3. Landlords insurance

If you rent out a unit in a strata building, it’s wise to take out landlord insurance. It provides cover for accidental loss or damage to contents in your unit from events such as fire, flood or storms. Additionally, it covers you and your property for malicious damage to contents/buildings caused by tenants and/or their guests. It can also help you cover the risk of your tenant failing to pay rent.

While strata properties are a good long term investment, it’s important to do everything you can to protect that investment. That’s where strata insurance comes in. By taking out comprehensive strata insurance, contents insurance and landlord insurance policies, you can rest assured knowing your property will be covered in the event of damage, loss or a natural disaster.While strata properties are a good long term investment, it’s important to do everything you can to protect that investment. That’s where strata insurance comes in. By taking out comprehensive strata insurance, contents insurance and landlord insurance policies, you can rest assured knowing your property will be covered in the event of damage, loss or a natural disaster.

You can also click here to download our FREE Community Living guide series on defects.  If you would like to learn more about the services we offer, click here for a free assessment.