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.
In a win for an AirBnB host living in an apartment block, the NSW Civil Administration Tribunal (NCAT) has ruled that a strata body was unable to pass by-laws banning short-term lets - including short stays through platforms like AirBnB.
Mozo’s recent Experts Choice Home Insurance Awards have revealed that when it comes to low cost home insurance our major supermarkets are holding their own, with Coles and Woolies taking out two top gongs apiece.
Fairfax Media’s Domain will soon be offering consumers more than just their daily real estate news or housing options.
Today Mozo revealed the results of our inaugural Experts Choice Awards for Home Insurance.
The way Australians renters pay their bonds might be about to change, with the emergence of a number of insurtech companies that are offering to cover rental bonds for them - in exchange for a fee that is.
A federal senate committee has stated that it is ”deeply concerned” by a lack of transparency in Australia’s $3.1 billion general insurance industry, and has implored the government to adopt a number of recommendations that would improve consistency and comparability between insurers.
Australians are being reminded about the importance of staying fire safe this winter as a recent analysis by the RAC (Royal Automobile Club of Western Australia) has found that the number of fire insurance claims in WA has increased over the last four years, with majority of the claims being made during winter and early spring.
Estimates from the State Treasury have revealed that the NSW Government has pulled the plug on the newly developed fire and emergency services levy (FESL). The decision has caused outrage amongst taxpayers thanks to its $25 million price tag.
Urging the government to clamp down on poor quality property developments, the Insurance Council of Australia (ICA) has warned homeowners that they may start to see their home insurance premiums because of the rise in buildings constructed with questionable materials.