You’ve worked hard for your home, and it likely represents the single biggest investment for your future. Fire, earthquake, burglary, flood, and accidents can cause damage to your house, so home insurance protects what’s probably your most expensive possession. The most common claims are usually for:
- Weather-related damage to roofing and ceilings
- Damaged flooring or joinery caused by internal flooding such as sink or dishwasher overflows
- Gradual damage such as floor or wall damage from internal leaks
- Hot pots and pans causing benchtop damage
Landlords: To protect your investment, ensure you have protection against meth-lab contamination, which should include damage to your contents, blockage to drains or sewer pipes, and loss of rental income included. Covers are also available to include losses due to failure to give notice, malicious damage by tenants, and eviction.