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CHU's 2025 Report Shows Stable Strata Insurance Premiums Amid Market Changes

Understanding the Factors Behind Modest Premium Increases

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

CHU Underwriting Agencies has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry.

The report indicates that strata insurance premiums have experienced a modest increase of 2.8%, rising from an average of $954 to $981 per lot annually in the year leading up to June 2025.

This increment is notably lower than the 14% surge observed in house insurance premiums during the same period, maintaining affordability for apartment owners.

The report also highlights the impact of economic pressures, regulatory reforms, and weather events on the strata industry. It investigates strata affordability, the frequency of weather events, strata regulator reforms, emerging risks, and sustainability. Kimberley Jonsson, CEO of CHU, emphasised that as density increases, so do expectations, presenting an opportunity for the strata sector to set a new standard for urban living across Australia.

Strata owners and managers are encouraged to review the full report to gain insights into the key trends impacting the industry and how they can strengthen their communities now and into the future.

Published:Monday, 1st Jun 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

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Subrogation:
An insurance carrier may reserve the "right of subrogation" in the event of a loss. This means that the company may choose to take action to recover the amount of a claim paid to a covered insured if the loss was caused by a third party.

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