We have a block of five flats in Brisbane, they are not strata titled.
Last year our insurance increased by $400 as a result of NRMA tacking on flood coverage. The building is on top of a hill, so this is not required at all but flood coverage has become non opt-out for their building policies.
We have just received the renewal for the next twelve months - with another $500 increase, taking it to nearly $2200.
I have just spent the morning trying to get quotes and found that all four companies I tried don't offer cover on this type of property.
Anyone able to point us in the right direction to save my ear from hours of on hold music? This type of building is not that uncommon, so there must be companies willing to cover them.
Thanks in advance
Dave
Last year our insurance increased by $400 as a result of NRMA tacking on flood coverage. The building is on top of a hill, so this is not required at all but flood coverage has become non opt-out for their building policies.
We have just received the renewal for the next twelve months - with another $500 increase, taking it to nearly $2200.
I have just spent the morning trying to get quotes and found that all four companies I tried don't offer cover on this type of property.
Anyone able to point us in the right direction to save my ear from hours of on hold music? This type of building is not that uncommon, so there must be companies willing to cover them.
Thanks in advance
Dave