It’s that time of year when your home and contents insurance policy renewal arrives in the mail. From the time you took out the insurance, you’ve been using the original bank valuation to estimate the sum insured value of your property. You’ve even upped the sum insured to account for the rise in local property […]
There has been plenty of talk about the so-called “sharing economy” in recent times. Online services such as Airbnb (as we discussed in a recent article), Airtasker, and the ride-sharing service Uber allow us all to unlock the value of our assets by sharing our homes, cars and even our labour, while at the same […]
By Chris Dougherty, General Manager, Westlawn Insurance Should you get in on the action and advertise your home or spare room for holiday rentals? Doing so could provide a tidy windfall.
This month, we examine some of the most common insurance myths and provide our verdict on each. Will it be Myth Confirmed or Myth Busted? Myth Number 1 Insurers avoid paying claims Contrary to what some might think, insurance companies exist to pay claims to policyholders. The Financial Ombudsman Service (FOS) reported in its 2009/2010 […]
Storms, bushfires and floods: living in Northern NSW means living with unpredictable and often destructive weather, especially as the summer months approach. So, before any natural disaster strikes your family home or business, make sure you’re prepared. First, check your insurance policies. Are you covered for damage caused by rising floodwaters or are you only […]
When choosing the right home & contents insurance, it’s important to remember that not all policies are created equal. Rarely does “getting the best deal” equate to signing up for the policy with the cheapest premium. As the old adage goes “what you pay for is what you get”. While the cost of the annual […]
Unfortunately, it’s only after disaster strikes that most people discover the true value of having an Insurance Broker on their side. For one couple who lost everything in the Blue Mountains bushfires of October 2013, their Insurance Broker Lismore minimised the stress and difficulty of what would have otherwise been a hugely traumatic time. Their […]
In the aftermath of the bushfires that swept through the Blue Mountains last October, destroying more than 200 homes and severely damaging a further 110,.a serious issue facing many Australian homeowners was brought to the fore. Many victims who thought they were adequately insured are now coming to terms with the fact that they may […]
For many families, the Christmas holiday season provides the perfect opportunity to get away from it all and relax. Unfortunately, crime doesn’t take a Christmas holiday break. In fact, it’s probably the busiest time for crooks as they take advantage of empty homes stacked with expensive Christmas gifts. Before going away on your Christmas break […]
