How much is Home Insurance Queensland?
The cost of home insurance depends on many factors including the age and construction of your home, the location of your home and the value of your home and it’s contents. Most insurers will allow premium discounts for any extra security measures your home may have. It’s well known that home insurance costs in Northern Australia are the most expensive in the country. Consider seeking the advice of an insurance broker who may be able to source the right insurance cover at a competetive premium for you. Contact us now for a quote!
What is the best home insurance policy in Australia?
Every insurer will spruke their Home Insurance policy as being the best, however this answer will always come down to ‘the policy which best suits your personal needs’. There are certain policy features and coverage you should look for when selecting a home insurance policy in Australia. The first is does the policy cover ‘accidental damage’, which is effectively damage you cause yourself eg. spilling wine on your couch, the kids accidentally knocking your flat screen TV over. Depending on where you live it may also be crucial to ensure that you have ‘flood’ cover, which is defined as water from a watercourse like a river, creek or storm drain entering your home. Most policies in Australia now cover this automatically, but you should check to ensure your policy carries flood cover.
What does Home Insurance cover?
A Home Insurance policy will protect your home from most unexpected events. These include fire, storm damage (including cyclones), flood damage, malicious damage caused by others, impact damage from trees or vehicles, lightning and rainwater damage to name just some of the insured events. Cover can be extended to protect your home from ‘Accidental Damage’ which is effectively damage you cause yourself eg. you forget to turn off the tap whilst running a bath and the water damages your floors, you damage a wall whilst moving furniture around the home.