Strata Insurance
Tailor your client’s coverage
Placing residential and commercial strata insurance with Chubb is now even easier.
Chubb’s strata insurance is designed to meet the needs of residential, commercial, and mixed-use strata developments, setting the new benchmark for tailoring strata insurance to customer needs.
Why choose Chubb strata for your clients?
- 20 years+ experience insuring some of the largest strata developments in Australia.
- Substantial underwriting capacity.
- Broad coverage with the ability to tailor a solution to the needs of your clients.
- Specialist strata underwriting team.
- Exceptional claims service.
- Superior financial strength and stability: Chubb Insurance is rated AA-/Stable by S&P in Australia.
Learn about our policy coverage highlights
- Cover for your building, common property, common contents and body corporate assets.
- Cover for volumetric lots and stratum lots.
- Loss of rent, temporary and emergency accommodation.
- Machinery breakdown.
- Crime.
- General liability.
- Management liability.
- Audit expense.
- Appeal expense.
- Environmental impairment liability.
- Voluntary workers insurance.
The policy exclusions include Lot owners’ contents, asbestos, faulty or defective workmanship, damage to insured property caused by any alterations or additions to the insured property over a certain sum, cyber and data loss, among other things. Flood or action by the sea is optional cover, and is otherwise excluded. For a full description of all exclusions, further information regarding the policy coverage, and conditions please review the Product Disclosure Statement (PDS) and Policy Wording.
Core underwriting appetite
Property policy limits up to USD 650 million (including accumulation) General Liability Limit up to AUD 50 million and Management Committee Liability Limit up to AUD 20 million.
Preferred business |
Non-preferred business |
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Ready to find out more?
Ready to experience Chubb's unparalleled customer service and comprehensive insurance solutions?