📈 Strata Life Episode 23 🎧Facing rising insurance premiums as a landlord? We've got practical tips and legal insights to help you manage costs effectively. Stay informed, stay protected!

For today's episode, I want to delve on what I've noticed is increasing in the strata industry and that is about the struggles in managing the increase of insurance premium. I want to highlight three things that you should note in respect of how to avoid or at least manage increase in your strata premium. An increase in strata premium means an increase in your levy. One of the things is regularly repairing and maintaining common property. The key word there is regularly maintain and that avoids increasing claims, which ultimately impacts increase in strata premium. The second thing I want to address is avoiding risks that your strata comm ...