Why an Independent Review of Your Strata Insurance Matters

Strata insurance is essential for protecting buildings, common areas, and shared facilities. Yet many strata committees simply renew their policy each year without asking if it still offers the right cover—or if they’re paying too much.

With rising construction costs, increasing weather events, and insurers reassessing risk across Australia, now is the time to take a fresh look at your strata insurance.

Why Review Your Strata Insurance?

• Premiums are rising – Building costs and claims history can push premiums up unnecessarily.

• Coverage gaps – Older policies may not reflect today’s risks or updated valuations.

• Risk changes – Flood zones, storm exposure, and cladding issues all impact pricing.

Benefits of an Independent Review

• Unbiased advice – Brokers aren’t tied to one insurer.

• Competitive pricing – Access to multiple insurers means potential savings.

• Better cover – Identify gaps and strengthen weak areas in your policy.

• Claims support – Independent brokers advocate for you, not the insurer.

• Peace of mind – Confidence your building is properly protected.

The Bottom Line

Strata insurance should never be “set and forget.” An independent review helps ensure your scheme gets value for money, the right protection, and support when it matters most.

At Clarke Lyons Insurance, we specialise in strata insurance reviews that work in your best interest—not the insurer’s.