What is Owners Corporation Insurance | Insurance glossary by upcover

An owners corporation buys this insurance to cover common property, buildings, and liability risks in a strata scheme. It protects the shared interests of all lot owners, and most states require this cover under their strata laws.

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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