Selling
Home Insurance Tips
23-May-2017
You've heard it time and time again, but it certainly pays (or saves) to shop around when it comes to finding the right home and contents insurance for your home. Although the cheapest package may be very attractive money wise, it's rarely the best deal.
Check out our tips below:
It's better to over insure and have too much insurance than under insure and not have enough! Spend the time adding up the contents in our home and the actual home itself rather than just picking a sum you think it could be. You will be surprised home much things add up to!
Choose an excess you are happy to pay! Your excess is the first amount you have to cover before your insurance kicks in and is additional to the premiums you pay each year.
Make sure your policy covers everyone you're living with. It seems like a silly point but your insurance policy will only cover the person/s named on the schedule and their family, which can make a big difference if you're renting with friends.
There's so many different options and deals you can choose from, so sitting down and making sure you get the right one for you in so important. For example you can choose to cover individual items within the home, individual items outside the home or get a blanket accidental damage policy to cut out the guess work altogether! Decide what is going to work best for you and then shop around to find a similar policy.
Nobody likes reading these days, but trust us when we say you MUST read the product disclosure statement prior to agreeing and signing anything. If there is anything you don't understand, make a note and contact the insurance company.
Take your time doing the ground work, research and shopping around as this will save you time and money in the long run!
Check out our tips below:
It's better to over insure and have too much insurance than under insure and not have enough! Spend the time adding up the contents in our home and the actual home itself rather than just picking a sum you think it could be. You will be surprised home much things add up to!
Choose an excess you are happy to pay! Your excess is the first amount you have to cover before your insurance kicks in and is additional to the premiums you pay each year.
Make sure your policy covers everyone you're living with. It seems like a silly point but your insurance policy will only cover the person/s named on the schedule and their family, which can make a big difference if you're renting with friends.
There's so many different options and deals you can choose from, so sitting down and making sure you get the right one for you in so important. For example you can choose to cover individual items within the home, individual items outside the home or get a blanket accidental damage policy to cut out the guess work altogether! Decide what is going to work best for you and then shop around to find a similar policy.
Nobody likes reading these days, but trust us when we say you MUST read the product disclosure statement prior to agreeing and signing anything. If there is anything you don't understand, make a note and contact the insurance company.
Take your time doing the ground work, research and shopping around as this will save you time and money in the long run!