What is a ‘Flood’?

In June 2012, the Insurance Council of Australia and Federal Government agreed to adopt the below definition: The covering of normally dry land by water that has escaped or been released from the normal confines of: Any lake, or any river, creek or other natural watercourse, whether or not altered or modified; or Any reservoir, canal, or dam.

How is my premiums calculated?

A number of factors contribute to you household insurance premium each year. The following rating factors apply: The risk associated with your postcode Your overall home security Your claims history

Home & Contents Insurance | Personal Insurance

Q: Can I pay my premiums by the month?

Yes. First Peoples Insurance can arrange monthly premium funding for many insurance policies through approved premium funding providers. For commercial insurance policies, the interest charged on a premium funding loan may be tax deductible, depending on your circumstances. Tax treatment differs for personal insurance products and may not be deductible. You should seek advice from your accountant or tax adviser regarding the tax implications of any premium funding arrangement.

Home insurance policies can provide cover for a range of insured events to protect your home, contents and personal effects.

Why is this cover important?

There are many benefits with taking out a Home and Contents policy with First Peoples Insurance, including expertise, advice, risk management, claims service and the range of policies we have access to. Every Household is different, so we tailor insurance to suit your needs. When you have a claim, you want to make sure you are covered correctly, and you want the process to be seamless. You’ve worked hard for your investment so that’s what you deserve.

“81% of homeowners are exposed to significant financial loss because their insurance does not cover them to resume the same standard of living in the event of crisis.” *Source: Insurance Council of Australia 2014

First Peoples Insurance provides you with the right advice and when disaster strikes, rest assured, you can resume the same standard of living because the right cover is in place.

Policy cover can include

It’s important to take out the right cover. Caravan policies can provide the following, but not limited to:

Legal Liability

Minimum $20 million legal liability cover.

New for Old Replacement

Replacement to a condition substantially the same as when new.

Optional Worldwide Cover

For your contents whilst they are temporarily away from the home, Worldwide.

Storm Damage

Loss or damage by storm including damage to external blinds, gates, fences and landscaping.

Theft or Attempted Theft

Theft or attempted theft including Malicious Acts.

Impact

Impact by a vehicle, falling trees or branches.

Fire, Explosion, Earthquake, Lightning

Loss or damage by fire, explosion or earthquake. Lightning including power surge.

Flood or Escaped Liquid

Flooding, escaped liquid (e.g. from washing machines, toilets or hot water systems.

Breakage of Glass

Replacement if glass is damaged.

Fusion of an Electric Motor

Including air-conditioning systems and fridges.

Broader protection & additional cover

If you require a broader level of protection, we can extend your home insurance policy to provide cover for accidental loss or damage. Automatic cover is provided for your contents temporarily away from your home, anywhere in the world.

Higher levels of cover are available for higher valued homes, personal fine art, antiques and jewellery.

First Peoples Insurance is a 100% Aboriginal-owned, full-service insurance broker, not a product seller. We partner with you to understand your risks and design tailored insurance brokering solutions that evolve with your needs.

We have access to a large range of quality insurers and policies to ensure you obtain the best possible coverage.

Our claims team has years of experience and expertise in successfully managing complex and difficult claims.

When you take out Household Insurance with First Peoples Insurance, you will immediately have access to our expert claims team and experienced Advisers for advice on Risk Management.

First Peoples Insurance’s claims team has been recognised as an industry leader “quoted by a prominent insurer”.

We have access to competitive pricing and broad coverage to suit the needs of your lifestyle.

Frequently Asked Questions for Home & Contents Insurance

Insurance is like any other product, you pay for what you get. There are many different insurers offering policies in different shapes and forms.

Service is extremely important.

This is the difference between a claim being paid out over night and a claim being paid out painstakingly over a year. Cheap premiums are on offer because costs are being cut elsewhere.

Coverage is also extremely important.

This is the difference between your claim being paid out or not paid out at all. Quite often, this results in financial burden in the long run.

In June 2012, the Insurance Council of Australia and Federal Government agreed to adopt the below definition:

The covering of normally dry land by water that has escaped or been released from the normal confines of:
Any lake, or any river, creek or other natural watercourse, whether or not altered or modified; or
Any reservoir, canal, or dam.

Yes. First Peoples Insurance can arrange monthly premium funding for many insurance policies through approved premium funding providers.

For commercial insurance policies, the interest charged on a premium funding loan may be tax deductible, depending on your circumstances. Tax treatment differs for personal insurance products and may not be deductible.

You should seek advice from your accountant or tax adviser regarding the tax implications of any premium funding arrangement.

A number of factors contribute to you household insurance premium each year.

The following rating factors apply:

The risk associated with your postcode
Your overall home security
Your claims history

As your Adviser, you will always contact First Peoples Insurance in the first instance and we will guide you through the claims process as this can vary from insurer to insurer.