Residential, Commercial, Community Association

Protects the building and common areas or facilities, with the premiums paid for by the owner’s corporation.

Strata managers and Bodies Corporate need to receive the right advice about the cover that’s right for them. While some strata insurance policies meet the minimum legislative requirements, they don’t necessarily provide owners with the additional protection that really counts.

Members of a Body Corporate have unlimited liability so their personal assets can be exposed in the event of a financial shortfall. You should read the insurance terms and exclusions carefully to ensure cover for each strata plan is adequate.

Residential and commercial insurance

Cover for the building, common area contents and legal liability of the Body Corporate meets legislative requirements but specialist policies also include important complementary covers and optional benefits.

Community association insurance

Combined cover for common property and legal liability. Cover is also available for lot owner’s homes and commercial buildings, and the legal liability associated with them. Complementary covers and additional benefits are also available.

Type of strata insurance cover


Building and common area contents covered against accidental loss or damage.

Legal liability

Indemnifies the Body Corporate as property owners for legal liability to pay compensation for personal injury or property damage.

Voluntary workers

Provides compensation for loss of income or monetary benefit to a person who sustains bodily injury while voluntarily working on behalf of the Body Corporate.

Workers compensation

Indemnifies the Body Corporate as employer for legal liability to employees under Workers Compensation legislation.

Lot owners – fixtures and improvements

Accidental loss or damage to improvements installed by owners that may not have been included in the building valuation.

Office bearers liability

Protects office bearers and committee members against legal liability to pay compensation for wrongful acts, errors or omissions in carrying out their duties.

Machinery breakdown

Provides protection against unforeseen damage to Body Corporate machinery.


Protection against sudden escalation of building costs following a declared catastrophic event.

Fidelity guarantee

Provides protection against fraudulent misappropriation of Body Corporate funds or property.

Government audit costs, common property, health & safety breaches and legal defence expenses

Cover for professional costs and legal expenses.

Request a strata insurance quote

Let our team of experienced brokers find the right insurance policy for you.

Why Choose BCB?


BCB is Australia’s largest specialist strata insurance broker and one of the 475 strong Steadfast Group member network.


With over 25 years’ experience partnering with strata managers, BCB offers scale, market leading technology and technical expertise for strata and community living property and related insurances.


Working in the interests of the owners, BCB provides dedicated broking resources and a full market solution, complimented in-house claims expertise, including for large and catastrophic events.