Does body corporate insurance cover the contents of my lot?

No. Body corporate building insurance covers the building structure and common property — it does not cover the contents of individual lots. Your furniture, appliances, clothing, personal valuables, and any improvements you have made to your lot above the original standard (such as new carpet, blinds, or a renovated kitchen) are not covered by the body corporate's policy. As a lot owner you should take out: - **Contents insurance** covering your personal belongings and lot improvements - **Public liability insurance** for incidents within your lot - **Landlord insurance** if you rent the property out (covers loss of rent and tenant damage) Do not assume the body corporate's insurance protects you from all risks — it does not. This article is general information only and not legal advice.