Residents of northern Australia enjoy some of the country’s most picturesque landscapes and tropical weather, but it comes at a price, with home insurance premiums skyrocketing over the past decade.
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One of the best things about Christmas is that no two families do it the same but for many, it involves a road trip which inevitably results in screaming kids in the backseat from the moment you leave home till you arrive at the perfect holiday home. But if you’re on the other side of the fence and are about to rent out your holiday home, or use it as an AirBnb, here a few tips that’ll help you prevent a home insurance disaster.
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It’s no real secret that Aussies love heading on an end-of-year holiday over the Christmas and New Year period, but when you’re spending $600 on beer over the break and almost $500 on vacation vino, you don’t want to be forking out for a home insurance claim.
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‘I swear I just had it.’
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During this time of year, our homes are stuffed with tinsel, wrapping paper and most importantly, lots of food. But while we decorate our homes in anticipation of the festive and warm season, there are many hazards that often go untraced - potentially spoiling the holiday fun. Here a few tips to keep in mind as you get your home summer and holiday ready so you can avoid the real grinch that is, home insurance hazards.
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Westpac has today announced that up to 200,000 insurance and banking customers may be eligible for a share in $65 million worth of refunds following a failure by the bank to properly apply discounts to certain package deals.
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The traditional notion of bundling your home and contents insurance is being turned on its head with single-item insurance now an option for the customers of a number of top Aussie insurers.
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Aussie seniors will now be able to save up to $200 a year on their grocery bills as well as hundreds of dollars on a range of other products like home insurance, thanks to a new partnership between the NSW Government and supermarket giant, Woolworths.
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Home insurance customers could make savings of up to $221 per policy if they’re willing to welcome the new Insurtech movement, according to Juniper Research .
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According to a study by Quantum Market Research , 83% of Aussies have underinsured their home and contents, which is a cause for concern, as a recent Climate Change Report found many parts of Australia have experienced an increase in extreme fire weather.
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