Get realistic about your insurance

It’s time to get realistic about your insurance. Review your insurance policies to make sure your assets as adequately covered.

One of the biggest misconceptions when it comes to home insurance is: “it will never happen to me.” The reality is that many people may be under-insured and totally unaware of this fact.

Under-insurance is a major issue for many Australians. Building costs have rapidly increased in the past three years, which means that the value of your policy (your sum insured) may not be enough.

Many people also forget to tell their insurers that they have upgraded appliances or purchasing major items like TVs and computers. 

It is crucial to conduct regular valuations of your possessions and consider the new-for-old cost of rebuilding your home. Now is a good time to do this. 

Vero’s Adelaide based contact centre can work with you to determine the correct sum insured for your insurance policy to ensure you are adequately covered.

Also, as a valued member of ASU WA through Member Advantage, you can receive an exclusive 10% discount off Vero Home & Contents insurance.

To find out more visit Member Advantage or call 1300 853 352.

This article has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it. Insurance issued by AAI Limited ABN 48 005 297 807 AFSL 230859 trading as Vero Insurance.