Mahoneys Partner Todd Garsden recently joined Nikki Jovicic (LookUpStrata), William Marquand (Tower Body Corporate) and Tyrone Shandiman (Strata Insurance Solutions) where over 170 unit owners, strata managers and industry stakeholders tuned in to hear them to demystify body corporate insurance obligations, with a particular emphasis on flood cover.
Specifically, they covered…
- when insurance is mandatory and when it’s not:
- whether flood insurance is legally required for all Queensland bodies corporate;
- what happens if your scheme doesn’t have sufficient insurance;
- how legal liability can fall to the body corporate if insurance cover is inadequate; and
- practical considerations for placing insurance that protects owners and the scheme.
A copy of the webinar can be found here.
Thank you to Nikki, Liza Jovicic and LookUpStrata for organising this important webinar.
Mahoneys’ dedicated body corporate team:
- is made up of industry-leading lawyers with experience in providing body corporate advice, transaction support and dispute resolution services; and
- was named “Law Firm of the Year” at the 2023 and 2024 Strata Community Association (Qld) awards.
Mahoneys, and its lawyers, have also been recognised in Doyle’s Guide to the Australian Legal Market and Best Lawyers in Australia for property law.
Feel free to contact our dedicated body corporate team if you have any questions about insurance obligations in bodies corporate.
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