All Topics / Help Needed! / Queensland Investment Insurance Quotes

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  • Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32
    March 2, 2012 - 10:45 am

    Hi All I am in the process of buying an investment in Queensland I have done 2 over the phone quotes they are coming back with quotes at $2300 plus . The area has not flooded  I am quite shocked at the price the quote at the moment have been with Terri Scheer and NRMA. Any suggesstions will be grateful for.
    Thanks
    Lorraine

    Profile photo of fredo_4305fredo_4305
    Participant
    @fredo_4305
    Join Date: 2009
    Post Count: 336
    March 2, 2012 - 10:49 am

    Lulu,
    Try suncorp. I had a house fully flooded last year. 150K damage. It was relatively straight forward. Im not going to say there weren’t any hiccups but it was a new experience to everyone.

    They reinsured the property and others I have in the area for around 800 each. I have also made loss of rent claims in the past and they have been pretty good to deal with.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    March 3, 2012 - 3:15 am

    Last thing i heard was that Suncorp were not taking on any new business.

    Have you tried using an Insurance Broker?

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

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