Bad habits with no protection
THE saying “you never know if you’re insured until you make a claim” may ring true for millions of Australians in the event of an unforeseen home incident. A survey reveals the careless attitudes and habits of homeowners in relation to their most valuable possessions. Incredibly, two in three Aussies not only don’t know the value of their possessions, but they also don’t know what they’re insured for.
A survey of an independent, nationally representative panel of 1000 Australian adults, commissioned by home insurance comparison service compare the market.com.au, found that 69 per cent of those with a home and contents policy don’t know the true value of their contents, and 42 per cent don’t keep records of their possessions.
Comparethemarket .com.au spokesperson Abigail Koch, said it is important people understand what is and isn’t covered by their insurance policy so that they are not caught out when they go to make a claim.