Body Corporates & Homeowners Associations
Confidence for shared places and responsibilities.
Body Corporates and Homeowners Associations carry complex, interconnected responsibilities with high-risk value. Apex Group works with brokers to understand the property, governance and risks behind each community before cover is placed.
Video Overview
A closer look at shared-property risk.
A short overview of how Apex Group approaches Body Corporates and Homeowners Associations through brokers.
The detail
What Body Corporates & Homeowners Associations really covers.
A sectional title scheme insures communal property under one policy, but the responsibilities do not stop there. Trustees, managing agents, members and tenants all interact with the cover, and a gap in one area can affect every owner in the scheme.
Schedule accuracy matters most. Replacement values for buildings, common property, security infrastructure and recreational facilities need review as the scheme changes, and liability cover should match the duties trustees actually carry. Brokers who understand the scheme's rules and history place better cover.
Typically included
- Communal buildings and common property
- Trustee and office-bearer liability
- Machinery, security and recreational assets
- Loss of levy income and additional expenditure
Broker enquiries: Body Corporates & Homeowners Associations.
Tell us about the book you place and Apex Group will take it from there.
Broker Enquiry