Certified valuers, like those at WBP Group, bring industry-recognised expertise, compliance knowledge and access to real-time replacement cost data, helping ensure your property is accurately valued and well protected with an up-to-date building insurance valuation.

Underinsuring can result in the Owners Corporation covering shortfalls out-of-pocket after a claim. This can lead to special levies, financial strain and potential legal disputes. It may also breach strata legislation depending on your state or territory. A current insurance valuation report helps reduce this [...]

No, relying solely on indexation can lead to underinsurance or overinsurance. Indexation doesn't always capture sudden spikes in construction costs, inflation, or changes to building codes. A professional strata insurance valuation or replacement cost valuation ensures a more accurate and compliant coverage amount.

A strata insurance valuation is a professional assessment of the estimated replacement cost of a strata building, including common property and shared infrastructure. It ensures that the building insurance coverage is adequate to cover full rebuild costs in the event of a total loss, in [...]