What is Common Property Insurance | Insurance glossary by upcover

Common property insurance covers the shared areas of a strata scheme. This includes any property outside individual lots, such as lobbies, corridors, gardens, pools, and other shared facilities. All lot owners hold these areas collectively.

Related Terms

Third-Party Property Damage on Common Property (Strata)

Third-Party Injury on Common Property (Strata)

Stormwater & Drainage Damage (Strata)

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Related Term

Third-Party Property Damage on Common Property (Strata)

Third-Party Injury on Common Property (Strata)

Stormwater & Drainage Damage (Strata)

All Category

Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

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