Hello everyone, first-time poster, long-time lurker. My wife and I have just bought a house in Hamilton, Newcastle (also own an apartment - or a bit of one at least - in Sydney's inner west which we'll rent out once we manage to relocate). As this is our first free-standing home we're trying to navigate the building insurance side of things for the first time and were hoping for some advice.
Like much of inner city Newcastle the home sits in a 1-in-100 year flood zone but wasn't affected by the 2007 floods, so we'll definitely be wanting flood cover. I've gotten quotes from AAMI (waiting to hear from them if they include flood cover, heard mixed things), GIO, NRMA, Suncorp and ANZ. The quotes came in in that order between $1k - $2k p/a. The list below suggests a lot of other options with flood cover included:
http://www.canstar.com.au/home-and-...ll-included-high-level-cover-new-south-wales/
Does anyone have any personal recommendations for home and contents insurance with flood cover? Give the seemingly increasingly turbulent weather flood insurance is something we might seriously have to claim on in the future, so we're happy to pay extra for the peace of mind that things will be taken care of in those circumstances.
Thanks and I hope I put this thread in the right forum!
Like much of inner city Newcastle the home sits in a 1-in-100 year flood zone but wasn't affected by the 2007 floods, so we'll definitely be wanting flood cover. I've gotten quotes from AAMI (waiting to hear from them if they include flood cover, heard mixed things), GIO, NRMA, Suncorp and ANZ. The quotes came in in that order between $1k - $2k p/a. The list below suggests a lot of other options with flood cover included:
http://www.canstar.com.au/home-and-...ll-included-high-level-cover-new-south-wales/
Does anyone have any personal recommendations for home and contents insurance with flood cover? Give the seemingly increasingly turbulent weather flood insurance is something we might seriously have to claim on in the future, so we're happy to pay extra for the peace of mind that things will be taken care of in those circumstances.
Thanks and I hope I put this thread in the right forum!