Up in Nth Qld,this is absolutely essential as we have so many summer storms and floods!!! When I have had to make a claim,it was all so easy because I had taken a huge number of photos which made the inspector's job a great deal easier! I cannot say a bad thing about my insurer,whereas several friends were still waiting for their claims to be finalised almost a year later! I always am very sure to read all the fine print on policies which has been a big help.
I'm insured very well, and I don't mind saying you never want to have a fire and not have insurance.
That peace of mind means a great deal to me.
I have home,,,,contents....flood....the lot!
You just have to make sure you up the ''house'' each year for what you would need to replace it.
ABSOLUTELY! I would rather go without food one or two days a week, than no home insurance.
Now looking around the Ipswich area for a home here in Queensland.....I am quite concerned how expensive home insurance will be.
I'm Not buying a Ex-flooded home, as some people are.
But, it will still be expensive to insure....I can't imagine loosing everything, with no insurance.
I have Home-Contents-Fire-Flood the Lot! with onions thanks.
It makes no sense to me at all, people often say ''Oh we just can't afford it''?
I also up the Home each year, to replace or fix...
Contents I have some insurance but, I can always go to Vinnies or Salvo's and get some beds and chairs and a table for a while...I concentrate mainly on my house, and keeping it updated.
That's every persons most expensive asset, and should never be taken lightly at all.