Protect your property with comprehensive insurance coverage in Perth, Sydney, Melbourne, and Brisbane. Property insurance safeguards your assets against risks such as fire, theft, and natural disasters. In Australia, over 70% of homeowners have some form of property insurance, highlighting its importance.
Property insurance covers damages caused by fire and theft. In Australia, fire incidents cost around $12 Billion annually. Theft is also a significant concern, with almost 200,000 homes broken into each year. This coverage ensures you are financially protected against these common risks.
With frequent natural disasters like bushfires and floods, insurance is crucial. In 2020, natural disasters caused $5.4 billion in insured losses in Australia. Bushfires alone can devastate entire communities, as seen in the 2019-2020 season, which burned over 18 million hectares according to WWF Australia. Flooding is another prevalent issue, particularly in areas like Brisbane, where floods have historically caused extensive damage.
Property insurance includes liability coverage, protecting you if someone is injured on your property. This is vital as injury claims can be costly. For instance, a slip-and-fall accident can result in significant medical expenses and legal fees . Liability coverage ensures you are not financially burdened in such scenarios.
This protects the structure of your home against various risks, including fire, storms, and vandalism. According to the Insurance Council of Australia, the average home insurance claim for building damage is approximately $15,000.
Contents coverage protects personal belongings inside the property. This includes furniture, electronics, and clothing. The average value of contents in an Australian household is estimated to be around $ 60,000. With contents insurance, you can replace or repair damaged items without financial strain.
If your home becomes uninhabitable due to an insured event, loss of use coverage covers additional living expenses. This includes temporary accommodation, food, and other essential costs. In major events like the 2020 bushfires, many Australians relied on this coverage to maintain their standard of living while their homes were rebuilt.
Customize your policy with additional coverage options like flood or earthquake insurance. These add-ons provide extra protection tailored to your specific needs. For instance, Queensland residents might prioritize flood insurance due to frequent flooding in the region.
Australia's real estate market is robust, with cities like Sydney and Melbourne boasting some of the highest property values. Protecting your investment with insurance ensures long-term financial security. According to CoreLogic, the median house price in Sydney is over $1.1 million, making insurance essential for safeguarding such a valuable asset .
Unexpected events can lead to significant financial losses. Property insurance mitigates these risks, offering peace of mind. For example, the economic impact of natural disasters in Australia is substantial, with annual costs projected to reach $39 billion by 2050 if no preventive measures are taken.
Australia's real estate market is robust, with cities like Sydney and Melbourne boasting some of the highest property values. Protecting your investment with insurance ensures long-term financial security. According to CoreLogic, the median house price in Sydney is over $1.1 million, making insurance essential for safeguarding such a valuable asset .
BAU Risk Services offers expert advice and tailored insurance solutions. With years of experience in the Australian market, we understand local risks and provide comprehensive coverage options.
Our team is dedicated to offering personalized service, ensuring your insurance policy meets your specific needs. We work closely with you to understand your property and the unique risks it faces.
We provide competitive rates without compromising on coverage quality. Our goal is to offer affordable solutions that provide maximum protection for your property.
For comprehensive property insurance in Perth, Sydney, Melbourne, and Brisbane, contact BAU Risk Services today. Get a quote now to secure your assets and ensure peace of mind.
Understanding the claim process is crucial. At BAU Risk Services, we ensure a smooth and efficient claim experience. From the moment you report a loss, our dedicated team guides you through every step. We aim to process claims swiftly, minimizing stress and disruption to your life.
Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.