Hello! Do you have any home and contents insurance tips to share? Mine is up for renewal and it seems there aren’t that many actually underwriters in the Australian market.
Home and Contents Insurance
Tdsr on 27/03/2024 - 05:23
Comments
same thing here - I can't even get a quote on my property for the big players
Do you have any home and contents insurance tips to share?
Yes, make sure you have some!
it seems there aren’t that many actually underwriters in the Australian market
That is true.
Also depends on the complexity of your case.
One thing I have found with buying properties is checking flood maps and predicted sea rise level maps plus looking at topography of your particular block is important. If it is easy for you to do then insurers are definitely onto it.
Get quotes from as many insurers as you can, even if they share the same underwriter or parent.
- My AAMI Home and Contents renewal was 26% up from previous year with no changes and no claims made.
- I ended up going with GIO, which shares the same parent company as AAMI.
- AAMI and GIO PDS are essentially identical for my requirements, GIO was about 40% cheaper than the AAMI renewal, and I increased my contents value by about 15%
Hello! Do you have any home and contents insurance tips to share?
pay on time.
use google
Yea. Use a broker that has access to broader policy wording than going direct would