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Flood Insurance - Home & Contents

PostPosted: Thu Sep 26, 2013 4:03 pm
by HA_DA_JA
Hey its that time of year when Home & Contents comes up for Insurance renewal.
What a hike I had last year , where it doubled due to my Company Suncorp Compulsory Flood Insurance.
I have the luxury like the majority of Australia where I dont live in a Flood plain.
My question to you guys is this - do any of you know of any insurance company where the Flood Insurance part is not compulsory as I would like to reduce my Premium?
Cheers
Dale

Re: Flood Insurance - Home & Contents

PostPosted: Fri Sep 27, 2013 9:33 pm
by NYMo
Dale, I'm interested in this too...fortunately I can never flood where I am ( top of hill)

Cheers

Re: Flood Insurance - Home & Contents

PostPosted: Sun Sep 29, 2013 3:45 pm
by ChrisW
NRMA.
We removed it from our policy and saved thousands.

Re: Flood Insurance - Home & Contents

PostPosted: Tue Oct 01, 2013 1:10 pm
by NYMo
I just went with APIa insurance...yes, I'm a pensioner !
Was half the price of Suncorp .

Cheers

Re: Flood Insurance - Home & Contents

PostPosted: Tue Oct 01, 2013 1:18 pm
by HA_DA_JA
Correct me if I am wrong but doesnt Suncorp now own Apia? As well as AAMI and a host of other places?

Re: Flood Insurance - Home & Contents

PostPosted: Tue Oct 01, 2013 7:35 pm
by NYMo
Dale...that's right...but they were still half the price !
( one of the reasons is that Suncorp have a house replacement that's very high)

Cheers