What hap­pens if it floods?

Port Douglas & Mossman Gazette - - FRONT PAGE -

WHAT risks may be en­cap­su­lated by the term flood? Dam­age caused by flash flood­ing, stormwa­ter, rain­fall runoff, as well as rivers, creeks or the over­flow­ing of ar­ti­fi­cial catch­ments. It may also in­clude the ef­fects of storm surge events. In­sur­ers as­sess the risk of crime against your prop­erty and may of­fer pre­mium dis­counts of up to 15 per cent if it is pro­tected by a num­ber of key se­cu­rity mea­sures. There are more than 100 gen­eral in­sur­ers li­censed to op­er­ate in Aus- tralia and their prod­ucts dif­fer con­sid­er­ably in terms of cov­er­age, terms and con­di­tions, ex­clu­sions and costs.

They have 10 busi­ness days from claim lodge­ment to ad­vise a pol­icy holder of an ini­tial as­sess­ment

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