National Australia Bank state general manager retail banking Ann-Marie Chamberlain said recent events such as floods and bushfires highlighted that home and contents insurance was a “must-have” for householders.
“The cost of protecting your home and possessions with insurance is a fraction of what it would be if you were forced to pay replacement costs out of your own pocket,” she said.
“It is important that the level of cover provided by your home and contents insurance policy properly reflects the value of your assets.”
SGIC state manager Lee Jameson said when calculating the insured sum for contents insurance, people often overlooked items such as kitchen appliances, manchester, CDs, toys and clothing.
“It’s important to regularly assess your level of home and contents insurance cover – especially after renovating or making a big purchase, such as a new TV or whitegoods,” she said.
Source: www.adelaidenow.com.au 19 April 2009
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.