I live on a subdivided block - two free-standing homes, one at the front one at the rear. Both are owner occupied. We share a single driveway and that's the only common property. For several years we've had a strata insurance policy to cover both homes and the driveway. My question is do we really need the liability coverage for the driveway? Our strata insurance went up 25% this year and I think I can get a better deal if I just get building insurance for our home, and the neighbours insure theirs.