The body corporate is responsible for insuring the common property and built sections to the replacement value thereof. But what about the upgrades that owners make to their individual properties? 

The body corporate is NOT responsible for insuring owner-installed unit upgrades, such as:

• Swimming pools
• Security features
• Awnings
• Carports
• Lapas 
• Air-conditioning systems 
• Luxury interior finishes 

The body corporate is only responsible for all areas outside of the median line that runs through the outer walls, ceilings and floors of the registered sections, such as: 

• Exterior wall surfaces
• Exterior doors and windows
• The roof of the registered sections
• Complex gates
• Geysers

Therefore, if individual owners wish to include their unit upgrades in the body corporate policy for their own account, it is their responsibility to report the cost of the upgrades to the trustees.

On special request, Mirfin can assess the value of unit upgrades, but this special service will attract an additional fee, and the owners concerned must enable full access to their unit on the date of inspection.

Read: How to insure owner-installed upgrades in sectional title units.  

Click here to learn more about Mirfin’s insurance valuations.