All Topics / Help Needed! / Queensland Investment Insurance Quotes

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  • Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    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

    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

    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 | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me

    100% Investment Finance now available on selected properties. Email us for further information.

Viewing 3 posts - 1 through 3 (of 3 total)

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