Common Area Liability – Residential Only

A body corporate begins to exist when a plan of subdivision is registered within units, flats or townhouses that have shared common property.

The block of units does not require an active Body Corporate to take out cover.

Owners of single or multiple lots that have a plan of subdivision which includes common property such as:

• driveways
• gardens
• storage areas
• pools
• stairways
• elevators

automatically become a member of the body corporate.

A body corporate (whether active or not) should take out and maintain
Public Liability insurance cover of no less than $10 million, as advised under the regulations for the common property areas.

Online special

– The annual cost for $10,000,000 public liability is $420.00*

– The annual cost for $20,000,000 public liability is $520.00*

If you require phone operator assistance, the policy cost will increase by $60*

Please note that an excess of $500 applies.
*Plus 1.26% credit card fee
Read our FSG
Read the PDS