Frequently Asked Questions - Strata Fair · Frequently Asked Questions What problem is Strata Fair...
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Frequently Asked Questions What problem is Strata Fair solving? Strata unit owners across Australia pay levies towards their admin/sinking funds to look after many aspects of their building, such as maintenance, cleaning, gardening, plumbing and repairs etc. One of those items is the building insurance; and the problem we are fixing is that in most cases, the broker will charge significant commissions that get passed onto the middle man. This has been common practice in the industry for years, but we think its fairer for these fat cat commissions to be removed and the savings to be passed back to the unit owners. What services does Strata Fair provide? We provide all the services our customers are used to getting from their current insurance provider. We work with our panel of Australia’s best-known insurers and provide up to 3 quotes to get the best price at every renewal. We also provide a complete claims management service and help our customers get the right cover for their building. And did we mention we save customers a whole lot of money? Check out our premium savings calculator at www.stratafair.com.au to see how much you might be paying towards fat cat commissions! What’s our solution? We believe the process of buying Strata insurance should be completely transparent and fair. We do this in 3 easy steps: First of all, we don’t take or pass on any fat cat commissions! Strata Fair charges a low, simple fee for its insurance services. And the savings (including lower taxes) are passed back to the unit owners. How much does Strata Fair charge? We have a transparent fee structure based on the value of the building: $500 +GST for buildings between $2 - $5 million construction value $1,000 +GST for buildings between $5 - $10 million construction value $2,000 +GST for buildings between $10 - $25 million construction value $4,000 +GST for buildings between $25 - $50 million construction value Level 13, 465 Victoria Avenue, Chatswood NSW 2067 - 1300 108 509 - [email protected] - www.stratafair.com.au 1 2 3 No hidden charges and no fat cat commissions.
Transcript of Frequently Asked Questions - Strata Fair · Frequently Asked Questions What problem is Strata Fair...
Frequently Asked Questions
What problem is Strata Fair solving? Strata unit owners across Australia pay levies towards their admin/sinking funds to look after many aspects of their building, such as maintenance, cleaning, gardening, plumbing and repairs etc.
One of those items is the building insurance; and the problem we are fixing is that in most cases, the broker will charge significant commissions that get passed onto the middle man.
This has been common practice in the industry for years, but we think its fairer for these fat cat commissions to be removed and the savings to be passed back to the unit owners.
What services does Strata Fair provide? We provide all the services our customers are used to getting from their current insurance provider. We work with our panel of Australia’s best-known insurers and provide up to 3 quotes to get the best price at every renewal. We also provide a complete claims management service and help our customers get the right cover for their building.
And did we mention we save customers a whole lot of money? Check out our premium savings calculator at www.stratafair.com.au to see how much you might be paying towards fat cat commissions!
What’s our solution? We believe the process of buying Strata insurance should be completely transparent and fair.
We do this in 3 easy steps:
First of all, we don’t take or pass on any fat cat commissions!
Strata Fair charges a low, simple fee for its insurance services.
And the savings (including lower taxes) are passed back to the unit owners.
How much does Strata Fair charge? We have a transparent fee structure based on the value of the building:
$500 +GST for buildings between $2 - $5 million construction value
$1,000 +GST for buildings between $5 - $10 million construction value
$2,000 +GST for buildings between $10 - $25 million construction value
$4,000 +GST for buildings between $25 - $50 million construction value
Level 13, 465 Victoria Avenue, Chatswood NSW 2067 - 1300 108 509 - [email protected] - www.stratafair.com.au
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No hidden charges and no fat cat commissions.
