Commercial Strata
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:::si_page_hero --- eyebrow_num: 02 / eyebrow: Cover Solutions / Commercial title: Commercial Strata. lede: "Structured cover for commercial schemes: office, retail, warehouse, industrial. Including liability and machinery breakdown." --- ::: :::si_prose_section --- aside_tag: Cover Overview heading: Commercial Strata prose_html: " \ <p>Commercial strata covers schemes where the lots are commercial rather than residential. The cover envelope is similar to residential strata in structure (building, common property, body corporate liability) but the risk profile is materially different: machinery breakdown, public-facing liability, and tenant fit-out interface all sit alongside the structural cover.</p> \ <h3>Who it is for</h3> \ <ul> \ <li>Office tower strata schemes</li> \ <li>Retail strata (shopping centre lots, strip retail)</li> \ <li>Warehouse and industrial unit strata</li> \ <li>Medical and consulting suite strata</li> \ <li>Mixed commercial-only precincts</li> \ </ul> \ <h3>Typically includes</h3> \ <ul> \ <li>Building replacement cover (sum insured to current rebuild value)</li> \ <li>Common property machinery breakdown (lifts, HVAC, plant)</li> \ <li>Public liability with commercial-grade sum insured</li> \ <li>Office bearer's liability for the body corporate committee</li> \ <li>Loss of rent for body-corporate-owned spaces</li> \ <li>Glass cover for shopfronts and common-property glazing</li> \ <li>Catastrophe sub-limits per carrier wording</li> \ </ul> \ <h3>Considerations at placement</h3> \ <ul> \ <li>Tenancy mix and exposure profile</li> \ <li>Public-access surfaces (loading docks, customer thoroughfares, parking)</li> \ <li>Machinery age and maintenance contracts</li> \ <li>Tenant fit-out responsibilities vs body corporate responsibilities (the interface is where claims are contested)</li> \ <li>Liability sub-limits matched to commercial use</li> \ </ul> \ <p>Cover specifics vary by carrier and the risk profile of the scheme. Talk to a broker to scope the right placement.</p> \ " --- ::: :::si_prose_section --- variant: snow aside_tag: Placement heading: Placed competitively across eight underwriters. prose_html: " \ <p>Whether the scheme is a freestanding townhouse block or a multilevel precinct with multiple strata schemes, the placement runs across our full specialist panel. CHU, Chubb, Flex, QUS, SCI, SUU, AXIS and Longitude each quote competitively at renewal, with the committee receiving a written recommendation and the rationale for the recommended carrier.</p> \ <p><a href=\"/request-a-quote/\">Request a quote for commercial strata</a> or call the office on 03 9597 0357.</p> \ " --- ::: :::si_cta_banner --- eyebrow_html: Eight underwriters · One renewal · One specialist title: Put your strata scheme in better hands at next renewal. lede: Request a quote and we will place your renewal across our eight-underwriter panel, with the boutique attention a service-centre queue cannot give. primary_label: Request a Quote primary_url: /request-a-quote/ secondary_label: Speak to a broker secondary_url: /contact/ --- :::
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