Audience
Strata managers and owner corporations seeking a tool providing accurate rebuild cost estimates to ensure adequate insurance coverage for strata properties
About Strata Sum Sure
Strata Sum Sure is a digital tool developed by CoreLogic to assist strata managers in accurately estimating rebuild costs for multi-storey strata-titled properties in Australia. By inputting key property attributes, users can obtain rebuild cost estimates that reflect current construction costs. It utilizes validated data from national suppliers, incorporating regular updates and insights from builders and insurance assessors to ensure accuracy. Strata Sum Sure is designed to comply with various state-based legislations that require strata properties to be adequately insured, helping to minimize risks of under-insurance and over-insurance. It offers a streamlined process for generating rebuild cost estimates, providing peace of mind to owner corporations and multiple lot owners by ensuring financial risks are managed in the event of a large insurance claim.
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Company Information
CoreLogic
Founded: 1987
Australia
www.corelogic.com.au/software-solutions/strata-sum-sure
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