Are you fully covered?

60% of properties are not fully covered in the event of a bushfire.

So often once our insurance is established it is rarely reviewed, causing many to have a level of insurance that will leave them unable to rebuild the family home to the standard they wish and to the standard they have been paying their premiums for.

The average cost of rebuilding homes has naturally increased over time particularly with the changes to the national building code that was amended in 2010 after the Black Saturday fires. An average home that might cost $200,000 to build could potentially cost double if the home has a bushfire rating of BAL-FZ (the highest rating given under AS3959). If your home has burnt down in a bushfire it is quite possible that a BAL-FZ or Flame zone rating would be correct.

If you contact your Insurance company, they will strongly recommend that you get cover to be able to rebuild your house to BAL-FZ standards because it means a higher premium for them. There is no need to have a level of insurance that can never be claimed so to find out your the BAL rating that gives the greatest saving book an assessment with us.