Home Insurance Australia

Suncorp Insurance has announced that it is using drones to survey damage caused by Cyclone Debbie, marking the first time the technology has been used in Australia for cyclone and flood insurance claims. Drones have been used to fly over the disaster-hit areas of the state and assess flood and cyclone claims home insurance policies, and assess the severity and extent of damage, with information filtered back to the insurer’s customer response teams (CRTs). The technology has been used in areas that bore the brunt of Cyclone Debbie last week such as around Bowen, Airlie Beach and Proserpine. In each of these areas, the insurer has set-up CRTs to assist the hardest hit communities of the region.  ​​​​​​“The drone imagery gives our teams important insights into the extent of the damage in areas that are still inaccessible due to closed roads and floodwaters,” Josh Cooney, a Suncorp  spokesperson said. “With this information, we can better coordinate our respon...

Home Insurance Premiums | Home Insurance Quotes Home Insurance companies have been urged to be more transparent on home insurance premiums, as research found that insurers can charge up to $1,700 more than each other for home and contents policies for identical properties. The industry countered that the variations in premiums were due to different types of coverage and reflects healthy competition. According to research by the Emergency Services Levy Insurance Monitor, which surveyed premiums across 11 suburbs, “basic home and content policies” between insurers vary at an average of $1,100, Sydney Morning Herald reported. In Medlow Bath, GIO made the highest quote at $2,794 - two-and-a-half times more than the lowest direct to the market quote of $1,106 from Coles. Interestingly, and much to the surprise of  many consumers, customers who had used a broker were actually paying even lower, with premiums under $1,000.00 from Allianz, Calliden and QBE Home Insura...