Hi Nancia
My tips:
- select your property carefully - pay attention to flood and crime maps, as well as the position and construction of the prperty.
- understand that if you buy something older than 1985 you have fewer options
- try to buy into a block of units with 5 or less, and that is administered under the Small Schemes Module.
- consider security screens, locks on windows, alarms etc.
- understand that you have to go through a broker for strata insurance.
- the broker you choose can make a difference. Ask if they will charge a commission or a flat fee.
- reduce your premium by reducng excesses.
Let me know if you need any help!
Cheers
Jen
My tips:
- select your property carefully - pay attention to flood and crime maps, as well as the position and construction of the prperty.
- understand that if you buy something older than 1985 you have fewer options
- try to buy into a block of units with 5 or less, and that is administered under the Small Schemes Module.
- consider security screens, locks on windows, alarms etc.
- understand that you have to go through a broker for strata insurance.
- the broker you choose can make a difference. Ask if they will charge a commission or a flat fee.
- reduce your premium by reducng excesses.
Let me know if you need any help!
Cheers
Jen