What is Unit / Lot Insurance (Strata) | Insurance glossary by upcover

This cover applies to an individual strata lot, such as a unit or apartment. It is separate from the common property covered by the main strata policy. Lot owners often need their own contents insurance for belongings and improvements inside the lot.

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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