Specialised Body Corporate and Sectional Title Insurance to Protect Your Community
SBS provides specialist Sectional Title and Body Corporate Insurance solutions for Trustees, Managing Agents, Homeowners Associations, and Property Owners in South Africa. We help structure appropriate coverage for communal property, shared facilities, liability exposures, unexpected expenses, and fidelity risks associated with shared property ownership.
Whether you manage a Sectional Title Scheme, Body Corporate, Estate, or Residential Community, the right insurance structure is essential to protecting shared assets and managing financial responsibility. SBS Specialised Brokers works with Property Managers and Trustees to review the risks, responsibilities, and cover requirements of each scheme, helping you make more informed insurance decisions before renewal, claims, or unexpected events.
Why Choose SBS for Sectional Title and Body Corporate Insurance?
With more than 40 years of industry experience, we understand the insurance needs of communal property environments, including buildings, shared areas, liability risks, unexpected expenses and fidelity cover. Our role is to help ensure that sectional title schemes have comprehensive, appropriate protection in place for both the physical property and the community finances they are responsible for managing. Because sectional title insurance carries important legal and financial responsibilities in South Africa, working with a specialist broker helps trustees and body corporates make more informed insurance decisions and avoid gaps in cover.
Responsible for Sectional Title or Body Corporate Insurance?
Sectional Title Insurance
Homeowners Association Insurance
Body Corporate Insurance
Fidelity Cover
Need to review insurance for a Sectional Title Scheme, Body Corporate, or Homeowners Association?
SBS can help Trustees, Managing Agents and Property Owners review suitable cover for communal property, shared facilities, liability risks, fidelity cover, and scheme-related financial responsibilities. Complete the form to request advice from a specialist broker.
We are committed to providing the comprehensive coverage and expert guidance you need to manage your properties with confidence. Contact us today to explore the best insurance options for your property cover needs.
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Your Sectional Title Insurance Questions Answered
Sectional Title Insurance is a legal requirement and a specialised policy that covers all the structures and common areas within a residential complex, such as apartments or townhouses. This includes everything from the buildings themselves to pools, walls, and gardens. The responsibility for securing this essential Body Corporate Insurance falls directly on the scheme’s trustees or, in some cases, the Homeowners Association Insurance managers, who act on behalf of all the owners.
Learn more in our Comprehensive Guide to Sectional Title Insurance.
This is a specialised form of property insurance that is legally required for all sectional title schemes in South Africa. It covers the shared assets of the community against major events like fire, storm damage, and public liability incidents. This ensures that if a disaster strikes, the financial burden of rebuilding does not fall on individual owners. For a complete overview of what is included, please refer to our Comprehensive Guide to Sectional Title Insurance.
While they are very similar, they apply to different types of schemes. Body Corporate Insurance is the legally required policy for a Sectional Title scheme registered under the Sectional Titles Act. Homeowners Association Insurance (or HOA insurance) covers the communal property and liability for a non-sectional title development, like a gated estate of freehold homes. Both serve the same primary function: to protect the collective interests of all the residents in the community.
Fidelity cover is a crucial component of your Body Corporate Insurance, protecting against a very specific and damaging risk: financial dishonesty. It safeguards the community’s funds, the levies paid by all owners, from theft or fraudulent acts committed by trustees, managing agents, or anyone else entrusted with the scheme’s money. Without it, the community’s entire savings could be at risk, making it an essential protection for good governance.
Learn more about Fidelity Cover: What It Is, Why It Matters, and How to Protect Your Body Corporate
Based on industry data, the vast majority of Sectional Title Insurance claims are for recurring issues. Geyser failures account for a significant portion, followed by damage from storms, burst pipes, and roof leaks. Being aware of these high-frequency risks allows the Body Corporate to focus its maintenance efforts where they matter most. We break down the most common issues in detail in our article on How to Avoid Sectional Title Insurance Claims.
Proactive risk management is key to keeping your premiums stable and protecting your property. The most effective way to reduce claims is by implementing a preventative maintenance schedule, especially for high-risk items like geysers and roofs. It is also vital to conduct regular, professional building valuations to ensure you are not underinsured and to use only qualified contractors for repairs.
For a complete list of preventative strategies, please review our guide on How to Avoid Sectional Title Insurance Claims.
A Trustees’ Guide to Sectional Title Insurance in South Africa
Sectional Title Insurance Terminology Explained
A specialised insurance policy for sectional title schemes that covers the buildings, structures, and common areas within a residential complex, such as apartments, townhouses, pools, walls, and gardens. It is described on the page as a legal requirement in South Africa.
Insurance arranged for a sectional title scheme to protect communal assets, shared areas, liability exposures, and certain unexpected expenses on behalf of the community.
Insurance for non-sectional title developments, such as gated estates of freehold homes, covering communal property and liability for the benefit of the broader community.
A type of cover that protects the funds of a body corporate or homeowners association against losses caused by fraud or dishonesty by trustees, managing agents, or others entrusted with the scheme’s money.
Protection against claims that may arise if third parties suffer injury or damage connected to the shared property or community areas. The page lists liability claims and public liability incidents as key risks this insurance helps address.