Insurance for Strata :: News
SHARE

Share this news item!

CHU Launches Tailored Insurance Solutions for Strata Lot Owners

New Products Offer Enhanced Protection for Individual Property Needs

CHU Launches Tailored Insurance Solutions for Strata Lot Owners?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

CHU, Australia's premier strata insurance underwriting agency, has expanded its suite of insurance products to better serve the diverse needs of strata communities.
The agency now offers tailored landlord insurance and home and contents cover specifically designed for individual lot owners, regardless of who holds the association's common property policy.
This initiative provides lot owners with the flexibility to select coverage that aligns precisely with their property and occupancy circumstances.

Kimberley Jonsson, CEO of CHU, emphasized the importance of aligning insurance solutions with the unique aspects of community living. By extending their community association insurance to include lot owner homes and landlords, CHU aims to offer additional flexibility and fit-for-purpose options that cater to the specific requirements of strata residents.

The newly introduced landlord insurance covers a range of scenarios, including loss of rent, tenant default, and damage caused by tenants. This comprehensive protection ensures that property owners can safeguard their investments against unforeseen events. Similarly, the home and contents insurance is tailored to meet the needs of owner-occupiers, offering coverage for personal belongings and internal fixtures within the lot.

These product enhancements are part of CHU's broader strategy to provide holistic insurance solutions that address both common property and individual lot owner needs. By offering these tailored options, CHU reinforces its commitment to supporting the resilience and well-being of strata communities across Australia.

Published:Friday, 20th Mar 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

Sign in with Google to rate

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Why Apartment Defect Scrutiny Matters for Strata Insurance
Why Apartment Defect Scrutiny Matters for Strata Insurance
12 Aug 2026: Paige Estritori
Renewed attention on apartment building defects is a timely reminder that strata insurance is not assessed in isolation from the physical condition of a scheme. For owners corporations and body corporates, the issue is not only whether cover is in place, but whether the building can be clearly presented to insurers as a well-managed and understood risk. - read more
What APRA’s Latest Insurance Data Means for Strata Renewals
What APRA’s Latest Insurance Data Means for Strata Renewals
04 Aug 2026: Paige Estritori
APRA’s latest general insurance performance data has added a useful layer to the conversation about strata insurance affordability. The figures point to a sector that is financially stronger than it was during the most volatile phase of recent weather, claims inflation and reinsurance pressure. However, for owners corporations and body corporates, this should not be read as a signal that premiums will automatically ease at the next renewal. - read more
What Rising Insurance Complaint Pressure Means for Strata Communities
What Rising Insurance Complaint Pressure Means for Strata Communities
28 Jul 2026: Paige Estritori
Fresh complaint data from the Australian Financial Complaints Authority has delivered a timely reminder that the pressure in general insurance is not only about the price of cover. For strata communities, the bigger issue is often what happens after a major loss: how quickly responsibility is accepted, how well repair scopes are documented and whether residents understand the limits of the policy before a dispute emerges. - read more
New CHU Green Grants Signal a Shift for Strata Risk
New CHU Green Grants Signal a Shift for Strata Risk
21 Jul 2026: Paige Estritori
CHU Underwriting Agencies has launched its inaugural Green Grant Program, distributing $50,000 across seven strata communities on 16 July 2026. The initiative is modest in scale, with grants capped at $10,000 per successful application, but it points to a larger change in the way strata insurance risk is being discussed. Instead of focusing only on premium increases after extreme weather or building losses, insurers are increasingly looking at practical ways to reduce risk before claims occur. - read more
Click for more Insurance News


Strata Insurance Articles

The Role of Executive Committees in Managing Strata Insurance
The Role of Executive Committees in Managing Strata Insurance
Strata insurance is a type of cover specifically designed for properties where multiple individuals own individual units within a larger complex. It plays a vital role in protecting these complexes financially by covering buildings and common property from potential risks. For property owners, understanding strata insurance is essential to ensure both compliance with legal requirements and adequate protection of their investment. - read more
Understanding Strata Insurance: A Guide for Apartment Owners
Understanding Strata Insurance: A Guide for Apartment Owners
Strata insurance is a specific type of insurance policy designed to cover common property and areas shared by owners within a strata-titled development, such as an apartment complex. This unique insurance is crucial for apartment owners as it ensures financial protection against unexpected events affecting the building structure and common facilities. It typically covers parts of the property like the building’s exterior, lobbies, and gardens. - read more
Navigating State-Based Insurance Requirements for Strata Property Owners
Navigating State-Based Insurance Requirements for Strata Property Owners
Strata insurance is a crucial aspect for property owners across Australia. Owning a property within a strata scheme means you're not just responsible for your unit but also share responsibility for common areas, which requires adequate protection against potential risks. - read more
Strata Insurance FAQs: Your Most Pressing Questions Answered
Strata Insurance FAQs: Your Most Pressing Questions Answered
In Australia, strata insurance is a crucial part of property ownership, offering peace of mind and financial protection. It's essential for property owners to understand what strata insurance entails and why it's so important. - read more
Knowledgebase
Income Insurance:
Insures your income in the event of you being unable to work due to sickness or accident.
Quick Links: | Strata Insurance Australia | Strata Insurance Policy Strata Insurance Coverage Strata Insurance Cost Strata Insurance Requirements Strata Insurance Providers Strata Insurance Quotes Strata Insurance Comparison Strata Insurance Benefits Strata Insurance Claims Strata Insurance Legislation
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We act solely as an introducer and refer enquiries to licensed third-party brokers, insurers, and lenders. We do not provide financial product advice or credit assistance. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should independently verify the credentials and licensing of any adviser or provider you engage. Visit the ASIC website for further information.