Home and Contents Insurance.
Your home is probably one of your most valuable assets, and Home and Contents Insurance is there to help protect it. Please ensure that the amount of cover you nominate for your home is enough to replace it from the ground up with a brand new house built to the same standard. This figure should include all improvements on the property such as sheds, pools, driveways, fences, landscaping etc.
What you should be aware of is that in the event of a catastrophe which affects several homes in the same area such as a cyclone or bushfire, the usual reconstruction rates charged by builders will jump significantly to rebuild a number of homes in one area at the same time. This is commonly around 30% higher than the normal cost for a one-off house claim. We recommend that you deliberately over insure your home to take this catastrophe phenomenon into account. The $75 to $100 or so extra cost per year will seem very a minor consideration, compared to finding out that you could be $100,000 or more out of pocket in a claim.
Co-insurance does not normally apply to Home & Contents Insurance policies, so if you are under-insured the Insurer simply pays up to the limit of your cover or the actual claim value, whichever is the lower. Sadly, many home owners don't find out until a major claim occurs that they are significantly under insured.
Motor Vehicle Insurance
We know how important your vehicle is to you and understand that not everyone has the same needs. That's why there are 3 different levels of cover available -
plus a number of options so you can choose the one that best suits you and your vehicle.
- Comprehensive Cover
- Fire, Theft and Third Party Property Damage
- Third Party Property Damage
With Boat Insurance, we understand that boating mishaps don't just happen at sea. That's why we not only cover many types of boats, but we also offer cover both in and out of the water, including damage that your boat causes to other people's property.
Landlords Protection Insurance
A rental property, whether a house or a unit, is a financial investment and an income source for a landlord. Special landlord policies can cover malicious damage by tenants and their friends, tenants leaving without notice and defaulting on their rent. It also covers the loss of rent when the property is damaged and is uninhabitable until such time as the damage has been repaired.