Who this article is for
Lot owners
Committee members
Anyone responsible for reviewing or understanding the building’s insurance options
What this feature does
The Compare Policies section inside the Compliance & Renewals tab lets you:
See your current building insurance policy
Compare it with alternative insurer options
Understand potential premium savings
Review each provider’s cover level, risk rating, and monthly premium
Request quotes directly from insurers through Cohabit
This helps you make informed decisions before renewals or AGMs.
Step 1 – Open your building profile
Log in to Cohabit.
Go to My Buildings.
Select the building you want to review.
Step 2 – Go to “Compliance & Renewals”
At the top of the building profile, click:
👉 Compliance & Renewals
You’ll now see the building’s:
Insurance Risk Rating
Market comparison of insurer premiums
Compliance certificates
Policy expiry details
(Screenshot: Insurance Risk Rating with insurer comparisons)
Step 3 – Open insurance comparison
Scroll to either:
The Building Insurance (COC) card
The Compare Policies button underneath it
Click Compare Policies.
This opens the full comparison page, including:
Current policy (highlighted)
Recommended policies
Top-rated insurers
Cover amount
Monthly premium
Feature differences (e.g. no room rent limit, unlimited power restoration)
(Screenshot: Compare Building Insurance Policies page)
Step 4 – Review insurer options
Each provider card will typically show:
Insurer name
Type of cover
Key features
Cover amount (e.g. $100,000)
Monthly premium (e.g. $10,000/month → $120,000/annually)
Any special badges (Top Rated, Best for You, Current Policy)
This helps you compare options side-by-side.
Step 5 – Request a quote
To explore switching insurers:
Find the insurer you’re interested in.
Click Request quote.
Follow the prompts to provide your contact details.
The insurer will follow up directly (or via Cohabit, depending on the provider).
(Screenshot: provider card with “Request quote” button)
How owners use this section
Owners and committees often use this feature to:
Prepare for insurance renewal discussions
Compare premiums with similar buildings
Understand whether the current premium is above or below market
Save time by collecting quotes in one place
Assess which insurer offers the best blend of:
Price
Coverage
Risk rating
Additional benefits
FAQs
Q: Why do some insurers show a different premium than last year?
Premiums depend on insurer risk models, building age/condition, and market factors. Cohabit shows updated pricing directly from insurers so you can compare more easily.
Q: Why do some insurers not appear in the list?
Only insurers that match your building type and cover requirements are shown. Availability may vary by state, building age, or risk profile.
Q: Does requesting a quote change my current policy?
No. It only begins a conversation. You remain covered under your existing policy until your owners corporation formally changes insurers.
Q: Does Cohabit receive commission?
Cohabit provides its insurance comparison service with no brokerage fee or strata commission. The aim is transparency and better outcomes for owners.