Australian homeowners are currently at an extremely high risk of being underinsured due to significant upward pressure on the construction costs of rebuilding a home.
Being underinsured in a ‘total loss’ property claim can have dire financial consequences. This article explains how you can settle on accurate building and contents sums insured.
Whether it be business insurance, home & contents insurance, or car insurance, there is currently significant upward pressure on insurance premiums. Understand why, & how an insurance broker can help.