One thing to bear in mind is that if your home is totally destroyed you may need to rebuild it to a higher standard — taking into account regulations around bushfire risks — so insuring it for its current worth may not be enough.The latter will cover you up to a set amount you choose to repair or rebuild your home.
Mr Brown also warns:"Some of the worst clauses allow insurers to base payouts on the rates they can purchase materials and labour at, rather than the actual costs of rebuilding or repairing your home. ABC Emergency has sourced advice from official agencies on how to plan for a bushfire, including preparing a survival kit."Or if you are looking at sum insured, getting some independent quotes from builders to inform how much you need to insure."has detailed advice about what to consider when taking out home and contents insurance, and many insurers have insurance calculators.
The ICA also recommends doing a room by room inventory of goods well before bushfire season, so should the worst happen you're not trying to remember what belongings you had after a fire."If a bushfire is burning down your back fence, it's too late," Mr Fuller says.
like anyone wouldnt know if they are insured for a fire...God what a waste of time
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