insurance

Majority Of Australians Underinsured When It Comes To Home And Contents

Post by Sharat on October 14, 2017 · Under insurance · Comments Off on Majority Of Australians Underinsured When It Comes To Home And Contents 

According to a recent study by a market research firm, an astonishing 83 per cent of Australians are underinsured when it comes to their home and contents insurance. This is a real cause for concern because a recent Climate Change report has warned that many parts of the country are experiencing a rise in extreme fire weather.  The main reason most Aussies are underinsured is because of failure to update policies and the increasing cost of full cover. The real issue however is the financial burden homeowners may face if they find that something goes wrong, particularly if there is a bush fire. Continue reading

Landlords Should Ensure They Have The Right Type Of Insurance To Cover Their Property

Post by Sharat on October 28, 2016 · Under insurance · Comments Off on Landlords Should Ensure They Have The Right Type Of Insurance To Cover Their Property 

Insurers are warning landlords in Victoria to make sure that they thoroughly screen would be tenants after it emerged that at least one home in Victoria is vandalised every day. In the last financial year, there were a total of 2,575 landlord insurance claims which represents a 10 per cent increase compared to the previous financial year. Continue reading

Make Sure You Have Travel Insurance So Digital Devices Are Covered Whilst Travelling

Post by Sharat on October 24, 2016 · Under insurance · Comments Off on Make Sure You Have Travel Insurance So Digital Devices Are Covered Whilst Travelling 

With summer upon us and Christmas fast approaching Australian travellers are being warned to remain vigilant and be prepared. According to experts, mobile devices are right at the top of the list of personal valuables that are most likely to be stolen or lost on holiday. These types of items are commonly taken internationally when Australians travel. Continue reading

Buy Comprehensive Car Insurance To Protect Against Theft

Post by Sharat on October 21, 2016 · Under insurance · Comments Off on Buy Comprehensive Car Insurance To Protect Against Theft 

The rate of car theft in Australia is highest in Victoria with an average of 42 vehicles stolen from Melbourne’s CBD every day according to data from the National Motor Vehicle Theft Reduction Council (NMVTRC). Older vehicles tended to be at greater risk of theft than newer cars. According to a report from the NMVTRC, 54 per cent of all cars that were stolen were older than ten years. In contrast, just 22 per cent of vehicles stolen were under 5 years of age and 22 per cent were aged between 5 and 10 years old. Continue reading

Make Sure Your Travelling Teens Purchases Travel Insurance

Post by Sharat on October 17, 2016 · Under insurance · Comments Off on Make Sure Your Travelling Teens Purchases Travel Insurance 

Schoolies are almost upon us and this means a large number of young travellers will soon be hitting the road. It is important that teens who are using the opportunity to travel take out travel insurance before they set off. For many Australian teenagers, schoolies is their first opportunity to travel on their own and data suggests that they are leaping at the opportunity. It is estimated that 90 per cent of policy purchasers are aged between 17 and 18 and are travelling alone. Continue reading