Understanding Your Home Insurance Policy

We never think that our home will be threatened by fire, flood or natural disasters. It’s something that could happen, but mostly to other people. Life never works out that way though. Insurance works as a way to financially protect yourself, and in the event that something horrible does happen to your home, you want to be covered.

However, searching for a home insurance policy is never an easy task. There are so many products out on the market that it can be difficult to find the policy that fits exactly what you need. Once you narrow your search, it can still be difficult to understand what exactly you require from your home insurance policy.

Covering your home

If something happens to your home, you want it to be covered in your insurance policy. You want your home and contents sum insured adequately to keep up with increasing building costs. A typical home insurance policy will cover things like your fence, garage, shed or other structures on your property.

Are valuable items insured correctly?

Home insurance will also cover your personal possessions. If your current policy doesn’t offer coverage outside of the insured location, it might be wise to update or change your policy so that your coverage extends to cover your possessions Australia wide. Make sure that the sub limits are adequate for the amount you are covered up to per item, so that specific items like jewellery don’t need to be listed individually.

How Provide Insurance can help

Our team of brokers and specialists will work with you to find the policy that suits your needs. We can help you find the policy and coverage must suited to your situation.  Each year, we will review your policy to ensure the coverage is still adequate and will explore the market for the most competitive rate available.

Need help making an insurance claim?

Another important factor when making decisions regarding changes in your insurance policy is the claim process, which our team of brokers will handle on your behalf, so you won’t need to deal with the insurance company yourself.

If you have questions about your current policy, or if you’re in the market for a new policy, reach out to an experienced member of our team at Provide Insurance.