Who this article is for
Lot owners and committee members
Strata managers involved in insurance renewals
Buyers and advisors wanting to understand a building’s insurance approach
What is Cohabit Insurance?
Cohabit Insurance is a strata insurance service where Cohabit acts as a broker to help owners corporations review, compare and renew their building insurance.
Instead of treating insurance as a once-a-year administrative task, Cohabit uses:
Building-level data
Insurance benchmarking
Policy comparisons
to help strata schemes make more informed, data-driven insurance decisions.
Cohabit does not insure buildings itself.
It works with insurers to structure and place policies that better reflect the actual risk and characteristics of each building.
How Cohabit Insurance is different
Traditional insurance renewals often rely on:
Generic building descriptions
Limited comparison across the market
Little visibility for owners
Cohabit Insurance takes a different approach by:
Using verified building data already held in Cohabit
Benchmarking against similar buildings
Showing clear comparisons before renewal
Making insurance visible earlier, not just at renewal time
This helps reduce:
Over-insurance
Under-insurance
Last-minute decisions
Premium surprises at renewal
How insurance data is assessed
Cohabit Insurance looks at factors such as:
Building size, age and construction
Facilities and services (e.g. lifts, pools, basements)
Claims indicators (where available)
Current policy structure and coverage
This information is used to:
Benchmark the building against similar schemes
Identify potential coverage gaps or inefficiencies
Surface opportunities to improve value at renewal
Insurance insights inside Cohabit
Insurance insights appear directly within the Building Snapshot, alongside other indicators like financials and compliance.
All users can see:
Current policy details
Benchmarking against similar buildings
Owners connected to a lot may also see:
Estimated potential savings
Options to compare policies
The ability to flag opportunities to the strata committee
These insights are designed to support decisions—not force action.
From here, connected owners can choose to compare policies or flag opportunities to their committee.
Comparing and renewing through Cohabit Insurance
When a scheme chooses to explore renewal through Cohabit Insurance, Cohabit can:
Present suitable insurer options
Compare premiums, coverage and key features
Support the committee through the review process
Coordinate quotes and insurer communication
Any decision to change insurers still follows the owners corporation’s formal approval process.
What Cohabit Insurance does not do
To be clear, Cohabit Insurance does not:
Automatically change your building’s insurer
Make decisions on behalf of the owners corporation
Remove the need for committee approval
Guarantee savings
Its role is to provide clarity, comparison and support—so committees can make better-informed choices.
How owners and committees typically use Cohabit Insurance
Common use cases include:
Reviewing insurance well before renewal
Understanding whether current premiums are in line with similar buildings
Supporting AGM or committee discussions
Responding to rising premiums with better information
Many schemes use Cohabit Insurance alongside Building Intelligence and Expert Insights to maintain an ongoing, informed view of risk.
Getting started with Cohabit Insurance
You may see options to explore Cohabit Insurance when:
Reviewing insurance insights in the Building Snapshot
Comparing policies as a connected owner
Preparing for renewal or committee discussions
If available for your building, prompts within Cohabit will guide you through next steps.