Farm Insurance Online :: News
SHARE

Share this news item!

What Rising Insurance Complaint Pressure Means for Strata Communities

Clear records, realistic cover and early action can reduce the risk of disputes

What Rising Insurance Complaint Pressure Means for Strata Communities?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Fresh complaint data from the Australian Financial Complaints Authority has delivered a timely reminder that the pressure in general insurance is not only about the price of cover.
For strata communities, the bigger issue is often what happens after a major loss: how quickly responsibility is accepted, how well repair scopes are documented and whether residents understand the limits of the policy before a dispute emerges.

While the latest figures are not confined to strata, they reflect issues that are highly familiar to owners corporations and body corporates. Delays, disagreements about claim amounts, disputes over policy interpretation and frustration with communication can become more complicated in a shared property setting. A single water leak, storm event or fire damage claim may involve lot owners, tenants, committee members, strata managers, contractors, engineers and insurers, each with different expectations.

For committees, the lesson is to treat claims management as part of insurance governance, not as an administrative task that begins only after damage occurs. Many strata insurance claims are made harder by gaps in maintenance records, outdated valuations, unclear responsibility for internal fixtures, or uncertainty about whether damage relates to common property or an individual lot. These issues can slow assessment and make it harder to resolve disagreements early.

The practical response is straightforward, even if it requires discipline. Strata committees should keep current building valuations, retain photos and maintenance reports, record decisions about repairs, and ensure residents know how to report damage quickly. Policy schedules, excesses, exclusions and claim notification requirements should be reviewed before renewal, not discovered during a stressful event.

There is also a growing affordability angle. When complaints increase, insurers and regulators pay closer attention to claims conduct, but schemes still need to demonstrate that their own risk information is accurate and complete. A building with poor maintenance history, incomplete documentation or repeated preventable losses may face tougher renewal conversations, higher excesses or narrower terms.

Where a claim is complex, early input from a broker or adviser can also help committees frame the issue clearly, gather the right evidence and avoid avoidable delays. This is particularly important for larger losses involving temporary accommodation, engineering reports, waterproofing disputes, combustible materials or damage across multiple lots.

The broader message for strata communities is that insurance outcomes are shaped well before a claim is lodged. Premiums matter, but so do governance, record keeping, communication and realistic expectations about what a strata insurance policy is designed to cover.

Published:Tuesday, 28th Jul 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

New APRA Data Reinforces the Need to Review Income Protection Cover
New APRA Data Reinforces the Need to Review Income Protection Cover
29 Jul 2026: Paige Estritori
APRA’s latest life insurance performance data has put income protection back under the spotlight, with disability income products continuing to be one of the more closely watched areas of the sector. While the broader life insurance industry has been showing signs of improved stability, the update reinforces that policies designed to replace income after illness or injury remain sensitive to claims experience, pricing, and changing work and health trends. - read more
Why Severe Weather Readiness Matters for Boat Owners
Why Severe Weather Readiness Matters for Boat Owners
29 Jul 2026: Paige Estritori
Australia’s latest severe weather preparedness messaging from the insurance sector is a timely reminder that boat owners face a different risk profile to many households. Storms, flood surge, hail, cyclonic winds and marina damage can all affect vessels well before a skipper has a chance to move them. For owners in Queensland, New South Wales, Western Australia and the Northern Territory in particular, the lead-up to summer is not just a maintenance checkpoint; it is a financial protection checkpoint. - read more
What Rising Insurance Disputes Mean for Small Businesses
What Rising Insurance Disputes Mean for Small Businesses
29 Jul 2026: Paige Estritori
Recent industry reporting on the latest insurance complaints environment points to a clear message for Australian small businesses: the hardest part of insurance is often not buying a policy, but relying on it when something goes wrong. Disputes continue to arise around claim delays, declined claims, settlement amounts, policy exclusions and communication breakdowns between customers and insurers. - read more
Rising Insurance Disputes Show Why Claims Service Matters
Rising Insurance Disputes Show Why Claims Service Matters
29 Jul 2026: Paige Estritori
Australia’s latest financial dispute data has put insurance claims handling back in the spotlight, with consumers and small businesses continuing to seek outside help when problems with insurers cannot be resolved directly. The trend is a timely reminder that an insurance policy should be assessed not only on premium, but also on how clearly it explains cover, how exclusions work, and how effectively claims are managed when pressure is highest. - read more
What Cosmetic Treatment Scrutiny Means for Beauty Business Cover
What Cosmetic Treatment Scrutiny Means for Beauty Business Cover
29 Jul 2026: Paige Estritori
Australian beauty businesses offering higher-risk aesthetic treatments are facing another reminder that compliance is now a front-of-house issue, not just a back-room admin task. Recent beauty industry reporting has focused on the continued scrutiny of cosmetic injectables, skin procedures and treatment advertising, with regulators expecting clearer consent, accurate marketing and suitable clinical oversight where health-related services are provided. - read more


Farm Insurance Articles

The Rural Farmer’s Handbook to Affordable Farm Insurance
The Rural Farmer’s Handbook to Affordable Farm Insurance
As a rural farmer, protecting your livelihood should be a top priority. Farm insurance is crucial because it safeguards your investment and income against unforeseen events such as natural disasters, accidents, and theft. - read more
Effective Risk Management Plans Every Farm Owner Should Implement
Effective Risk Management Plans Every Farm Owner Should Implement
Managing a farm involves juggling many uncertainties and potential risks. Risk management in farming refers to the process of identifying, assessing, and prioritising risks associated with agricultural activities. Effective risk management ensures that farmers can handle obstacles and continue their operations smoothly. - read more
Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts
Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts
Australia's agricultural sector stands as a testament to the resilience and ingenuity of its farmers. Yet, this stalwart industry faces one of its greatest challenges: climate change. Rising temperatures, erratic weather patterns, and extreme events, from droughts to floods, are now common hurdles on the landscape of Australian farming. - read more
Unpacking the Fine Print: Common Misunderstandings in Farm Insurance Policies
Unpacking the Fine Print: Common Misunderstandings in Farm Insurance Policies
Welcome to our discussion on farm insurance, a crucial subject for every Australian farmer. Whether you're seasoned in agricultural ventures or just starting out, the world of insurance can often seem daunting and complex. - read more
New Technologies in Crop Protection: How Precision Agriculture Enhances Insurance Coverage
New Technologies in Crop Protection: How Precision Agriculture Enhances Insurance Coverage
For generations, farmers have faced the challenge of protecting their crops from an array of threats, such as pests, diseases, and extreme weather. Traditional crop protection strategies have relied heavily on blanket approaches, as in using widespread pesticide application, or generalized irrigation systems, regardless of the varying needs across a field. While these methods have had their successes, they also come with limitations in efficiency, environmental impact, and the precision needed for optimal crop health and yield. - read more

Knowledgebase
Rider:
An optional provision added to an insurance policy that provides additional benefits or coverage.