March 21 Newsletter
Welcome to the March edition of Tower News
This month, the team in the Tower offices are still wringing themselves out after the deluge of rain that fell across the eastern seaboard.
Heavy storms like this are frequently described as a ‘once in a century’ event but ask anyone who deals with the impact of bad weather and they will tell you that extreme conditions are becoming more of an annual event and the capacity of buildings to deal with is being pushed all the time.
One thing that is guaranteed is that more storms mean more insurance claims. And, that’s bad news as more claims push premiums ever higher. Rates are set to jump up in the next couple of years and while body corporates can’t change the market they can move their place in it. This month we take a look at some of the things your scheme can do to manage the impact.
Elsewhere in this issue:
- Electronic voting has the power to change voting patterns at your scheme
- How preventative maintenance may save rising insurance costs
- Removing abandoned cars from in the visitor parking
- Plus much more...
We continue to encourage as many owners as possible to sign up to receive levies and notices by email. Unfortunately, the post is slow and inconsistent at the moment while emails are fast and guaranteed. Signing up also helps save your plan money as distribution costs lower. We need to receive notification in writing to make the change – a simple 'Please send my notices/levies by email' is sufficient.
Use this ↓ button to advise your body corporate manager or mail our general inbox at info@towerbodycorporate.com.au.
|