Insurables — Australian business risk, sourced and dated

Strata managers: public liability requirements in Victoria

Cover for legal liability to third parties for personal injury or property damage arising from business activities.

Data as at

Verified for Victoria

  • Licence liability condition: Yes — a minimum of $2 million professional indemnity cover must be maintained. VIC · effective 2026-08-24 Consumer Affairs Victoria · 2026-08-13
  • Licence evidence required: Insurance details and evidence of registration when appointed, and a certificate of currency specifying the management type. Losing the cover carries an automatic consequence: registration is cancelled 30 days after the required coverage lapses. VIC · effective 2026-08-24 Consumer Affairs Victoria · 2026-08-13
  • Licensing body: Consumer Affairs Victoria, which registers owners corporation managers. Note the title: Victoria calls them owners corporation managers, not strata managers, so a search for a "strata manager licence" in Victoria finds nothing. VIC · effective 2026-08-24 Consumer Affairs Victoria · 2026-08-13

What contracts commonly ask for

Principals and head contractors set their own insurance requirements, and those are frequently higher than a licence condition. The requirement that binds is the higher of the two, and both have to be read from the actual document.

What this cover costs

This site publishes no cost benchmark for this cover. A benchmark needs a real sample of documents, and none is published until the sample is large enough to compute a median honestly. A benchmark from a handful of policies is a guess with a decimal point.

Sources