Why do I need it?
If your home and its contents were damaged or destroyed in a natural disaster or accident, or all your valuables were stolen, could you afford to replace them?
If not, we are here to help.
Home and contents insurance can even protect you against legal liability if someone is injured or killed on your property.
What is Home & Contents Insurance?
Home insurance can protect you from financial risk if your home is damaged or destroyed, and can also cover your homes contents if they are damaged, lost or stolen. You can take out cover for specific listed events only or for wider accidental cover, depending on your needs.
“Residential property worth up to $63 billion is at risk (from climate change) - and we believe this is likely to be an underestimate.”
Did You Know?
9%
Approximately 9% of homeowners don’t have buildings or contents insurance. (Dr Richard tooth, “Australian Household Insurance - Understanding and affordability” - February 2012)
$1Billion
The estimated property loss from 140,000 claims across five catastrophic events in 2015. (Insurance Council of Australia, 2016)
1/30
Approximately 1 in 30 homes are burgled in Australia each year. (Australian Institute of Criminology, 2013)
Frequently Asked Questions
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Insuring the Buildings for the correct sum insured is critical to avoid under-insurance. The costs of materials and labour costs are constantly increasing so it is important to review your sum insured on a regular basis.
Buildings sum insured can be calculated by a professional valuer or you may wish to use a buildings sum insured calculator which will provide an estimate for you to consider. Our website under the Resources section can provide a guide.
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Similar to the Buildings the Contents sum insured is critical to avoid under-insurance. Our website under the Resources section can provide a guide which may be able to help.
It is important to remember that the value of items of jewellery can increase over time so what may have been worth $5,000 many years ago may have significantly increased in value since you last reviewed your cover.
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Listed Events cover provides cover for defined events only such as Fire, Storm, Earthquake and Flood. Accidental Damage provides cover for all of the Listed Events and also damage caused by an accidental event such as damaging the kitchen benchtop or dropping a laptop on the floor.
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This depends on the policy and cover selected however many insurers can cover your personal property when you take it outside of the home subject to acceptance and limits.
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The large majority of Home insurers now include flood cover as standard.
If flood cover is not included in your existing policy then we will let you know and provide a alternative option with Flood cover if possible.
Steadfast have a flood risk tracker which can assist you to determine your flood risk - https://www.steadfast.com.au/flood-risk-tracker
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Call us on 07 5438 8991 or click on the contact page on this website and we can do the rest.
Terms, conditions, limits and exclusions apply to the products referred to above. The information provided here is general advice only and has been prepared without taking into account your objectives, financial situation or needs. You should consider these, having regard to the appropriateness of this advice, and the relevant Product Disclosure Statement, available by calling us on 1300 642 001 before deciding to acquire, or to continue to hold, this product.