4 Out Of 5 Are Underinsured
An alarming 80 per cent of property owners are underinsured according to data from the Insurance Council of Australia.
While some may underinsure their property on purpose, believing that an event may never happen to save on costs; there are many home owners and investors that are unaware that they may be underinsured.
It is important to regularly review your insurance policies to ensure that you are adequately covered, and the policy terms are still the same.
When reviewing your cover consider the following: