November 20, 2015
This blog is designed to give you an overview of what home and contents insurance is, and why you really do need it. Yes, we’re being bold here, because we believe home and contents insurance is indeed a must in Australia. (ASIC thinks so too!)
But before we go into why, let’s start with the basics.
Home and contents insurance are 2 separate kinds of insurance, which are usually packaged together.
According to ASIC’s MoneySmart website:
Most insurance companies bundle home and contents insurance into one package. We highly recommend choosing your policy based on your own unique needs, rather than going for a ‘one-size-fits-all’ solution.
A good insurance broker helps you select the insurance benefits that are right for you. And they’ll make sure you’re not paying for anything unnecessary. Their goal is to give you the right level of cover, at the most competitive price.
Contact a Trident Insurance Broker to discuss what level of home and contents insurance is right for you. We can also check your existing policy, as there may be more competitive and suitable options available for you. This initial consultation is free of charge and comes with no obligations.
November 6, 2015
Over the past 12 months we’ve seen a marked rise in online insurance in Australia. It makes sense – buying insurance online is generally fast, and cover can be secured for many types of home and business requirements.
But this potential benefit can also be a major pitfall, especially if you ever need to make a claim at some point in the future.
When the Queensland floods occurred in late 2010 and early 2011, many insured business owners and individuals assumed they were covered for flood damage in their insurance policy. In many cases, they weren’t, and unfortunately only discovered this upon making a claim.
Luckily, many insurance companies came to the table and insured them for flood damage anyway. (We’re certainly glad they did!)
Every now and then we hear of this happening – someone goes to claim on their insurance policy and discovers they are not covered. This is one good reason why we recommend speaking with an insurance broking professional in person, before taking out an insurance policy.
A good insurance broker will compare different policies and then pinpoint one or a few that align with your business or personal requirements. They’ll also ensure you have all of the information you need to understand what your policy covers.
This is not always possible online.
Here are some other points to consider, if you’re not sure about whether to get insurance online or in person:
Contact our insurance brokers about securing a competitive policy for your home, business or vehicle.
Benefits of a Ship Repairers Liability policy in one product at a very competitive price.Find out more ›
Trident can provide comprehensive cover for all your Home, Motor and Travel needs.Find out more ›
We are dedicated to providing you with a holistic insurance program which covers your practice at your time of need.Find out more ›