Contents insurance can be a great investment to financially protect your most valuable items. But what if you don’t own a lot? What if you just want to cover your new smartphone, engagement ring, or laptop? Can you do that?
Tenants and landlords both have rights and responsibilities in the aftermath of disaster. Since floods don’t discriminate, everyone should have a plan in place to protect their valuables – especially the 61% of renters whose valuables are at risk due to climate changes.
Over the past three years, Australia has been embattled with the effects of climate change. Droughts, bushfires, and flooding in rapid succession have each endangered millions of lives and cost us billions of dollars, not to mention driven up insurance premiums.
In any home and contents insurance policy, the terms and conditions will be littered with strange, delightful, and surprising little easter eggs. Like, what do you mean satellite crashes are covered? Why?!
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You may be living in an apartment or townhouse and wondering if your insurance is any different to what you get from your free-standing house peers.
Recent figures from the General Insurance Code Governance Committee (GICGC) revealed that denied home insurance claims spiked in the last year.
Australia's east coast has been deluged with two of the wettest years on record. More rain generally means if you live near a creek, river, major storm water drain, or in a low-lying area, your property could be in a flood-prone area.
If your home is underinsured, it means the value of your insurance policy doesn’t cover the costs it would take to replace it. In essence: your coverage isn’t enough.
For anyone looking to protect their belongings, the terms renters insurance and contents insurance may seem familiar. Indeed, both will pop up in an online search when looking for insurance for your personal items.
Maybe you’re a green witch or humble plant guardian. Either way, your prized collection of blooms, succulents, and ferns deserves utmost protection and care. But are they covered by home and contents insurance?