Landlords Insurance Online :: News
SHARE

Share this news item!

CHU's 2025 Report Shows Stable Strata Insurance Premiums Amid Market Changes

Understanding the Factors Behind Modest Premium Increases

CHU's 2025 Report Shows Stable Strata Insurance Premiums Amid Market Changes?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 Underwriting Agencies has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry.
The report indicates that strata insurance premiums have experienced a modest increase of 2.8%, rising from an average of $954 to $981 per lot annually in the year leading up to June 2025.
This increment is notably lower than the 14% surge observed in house insurance premiums during the same period, maintaining affordability for apartment owners.

The report also highlights the impact of economic pressures, regulatory reforms, and weather events on the strata industry. It investigates strata affordability, the frequency of weather events, strata regulator reforms, emerging risks, and sustainability. Kimberley Jonsson, CEO of CHU, emphasised that as density increases, so do expectations, presenting an opportunity for the strata sector to set a new standard for urban living across Australia.

Strata owners and managers are encouraged to review the full report to gain insights into the key trends impacting the industry and how they can strengthen their communities now and into the future.

Published:Monday, 1st Jun 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

0 Comments

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

Insurance News

Queensland WorkCover Freeze Offers Breathing Room for Tradie Employers
Queensland WorkCover Freeze Offers Breathing Room for Tradie Employers
29 Jun 2026: Paige Estritori
Queensland trade businesses have received a welcome measure of cost certainty, with WorkCover Queensland’s average premium rate to remain unchanged for the 2026-27 financial year. The rate will stay at $1.343 per $100 of wages, marking the second consecutive year without an increase. - read more
AI Risk Is Moving From IT Teams to the Boardroom
AI Risk Is Moving From IT Teams to the Boardroom
29 Jun 2026: Paige Estritori
Artificial intelligence is no longer a side project for technology teams. Fresh industry reporting on Clyde & Co’s Corporate Risk Radar 2026 points to a sharp rise in concern among business leaders, with technology risk now being treated as a core governance, regulatory and reputational issue. For Australian consultants, advisers, designers, engineers, accountants, marketers and other professional service providers, that shift has direct implications for risk management and professional indemnity cover. - read more
Vero’s New Strata Product Signals a Shift in How Complex Risks Are Priced
Vero’s New Strata Product Signals a Shift in How Complex Risks Are Priced
29 Jun 2026: Paige Estritori
Vero has launched a new residential strata insurance product that could prove important for schemes finding it difficult to secure suitable cover, particularly in higher-risk northern markets. The product, introduced on 22 June 2026, is initially available in selected postcodes across Far North Queensland, from Bundaberg North, and Darwin, with a staged national rollout planned over the next year. - read more
AI Adoption Brings New Risk Questions for Office-Based SMEs
AI Adoption Brings New Risk Questions for Office-Based SMEs
29 Jun 2026: Paige Estritori
Artificial intelligence is quickly moving from experiment to everyday business tool, and a new global risk study suggests business leaders are starting to recognise the size of the shift. The latest Corporate Risk Radar research from Clyde & Co found technology risk has climbed sharply in the minds of senior decision-makers, with AI now linked not only to IT security but also governance, regulation, reputation and third-party dependency. - read more
Why Pre-Existing Medical Conditions Need Extra Attention Before You Travel
Why Pre-Existing Medical Conditions Need Extra Attention Before You Travel
28 Jun 2026: Paige Estritori
Australian travellers with pre-existing medical conditions have been given a timely reminder to look beyond price when arranging travel insurance, with recently updated consumer guidance placing renewed emphasis on disclosure, medical assessments and policy wording. - read more


Landlords Insurance Articles

Does Your Landlord Insurance Cover Short-Term Rentals Like Airbnb?
Does Your Landlord Insurance Cover Short-Term Rentals Like Airbnb?
In recent years, short-term rentals have exploded in popularity across Australia. Platforms like Airbnb and Stayz have transformed how people approach accommodation, offering unique experiences that hotels often can't match. Whether it's a beachfront apartment in Sydney or a cozy cottage in the countryside, these rentals appeal to a wide range of travellers seeking flexibility and local charm. - read more
Is Landlord Insurance Mandatory in Australia? What Every Landlord Should Know
Is Landlord Insurance Mandatory in Australia? What Every Landlord Should Know
Landlord insurance is a specialized type of insurance designed to protect property owners who rent out their properties. While standard home insurance covers owner-occupied homes, landlord insurance provides additional coverage for risks associated with tenants. This includes protection against damages to the property, loss of rental income, and liability claims arising from tenant-related incidents. - read more
What Does Your Landlord Insurance Truly Cover? A Comprehensive Guide
What Does Your Landlord Insurance Truly Cover? A Comprehensive Guide
Landlord insurance is a specialized type of insurance designed to protect property owners from potential risks associated with renting out their property. Unlike standard home insurance, which typically covers owner-occupied residences, landlord insurance offers tailored coverage that addresses the unique challenges faced by landlords. - read more
Australian Landlords: How to Simplify Insurance for Your Multiple Rentals
Australian Landlords: How to Simplify Insurance for Your Multiple Rentals
As an Australian landlord, you may be wondering about the ins and outs of landlord insurance. It's crucial to have a solid understanding of this type of insurance to protect your rental properties properly. Landlord insurance is tailored to cover risks that typical home insurance policies might not handle effectively. - read more
The Key Differences Between Landlord and Homeowners Insurance
The Key Differences Between Landlord and Homeowners Insurance
As a property investor, understanding the different types of insurance available is crucial. Whether you're a seasoned landlord or just starting, having the right coverage can safeguard your investment and provide peace of mind. With various options out there, knowing which insurance policies to choose can make all the difference in protecting your assets. - read more

Knowledgebase
Insurance Policy Excess:
The amount you will have to contribute when you make a claim.