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Thanks for the all replies. Westminster/chilliblue: The strata insurance that i have taken has the Building cover included which i have nominated as $1.2M since they are basic 2bed*5 units. I am assuming that i don't need any separate Building insurance. In case the Building is damaged the...

Wish everyone a very Happy and safe New Year :). I have just been able to put a block of units in QLD under contract. It’s a block of 5 individually titled and rented units. I have been advised and have taken up Strata Insurance with Wesfarmers Insurance for the entire block which comes with...