Home insurance increase

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Originally Posted by V8Ian

In other words, if you have a panel beater and cabinet maker, as tenants ,in a flood prone area, expect no discounts. [bigsad]

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Commercial laundry or a shed full of cold and freezer rooms,such as food processing or cold storage,expect to pay huge premiums with large increases each year.
Also if the sheds have mercury vapour lights they also have to go,as they are considered a fire risk.
Rubbish bins at least 2M from any building walls,pallet storage the same,LPG forklift cylinders to be stored in suitable storage container in a specified place on the property, full fire system audit,and on it goes.

Was listening on the radio this morning and they were talking about how there are many nightclubs now banning drinks on the dance floor as it has pushed premiums up too much.

One place said last year their insurance was $10K - this years renewal just came through at $60K. They’re considering shutting the doors and that’s going to happen for certain businesses.

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Originally Posted by Homestar

Was listening on the radio this morning and they were talking about how there are many nightclubs now banning drinks on the dance floor as it has pushed premiums up too much.

One place said last year their insurance was $10K - this years renewal just came through at $60K. They’re considering shutting the doors and that’s going to happen for certain businesses.

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A couple in Adelaide have done just that… closed.

A lot of 4WD parks had the same issue.
Some closed.others got around the problem in various ways.

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Originally Posted by scarry

Commercial laundry or a shed full of cold and freezer rooms,such as food processing or cold storage,expect to pay huge premiums with large increases each year.
Also if the sheds have mercury vapour lights they also have to go,as they are considered a fire risk.
Rubbish bins at least 2M from any building walls,pallet storage the same,LPG forklift cylinders to be stored in suitable storage container in a specified place on the property, full fire system audit,and on it goes.

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Hhhhmmmmm, someone is taking the **** Methinks. :rulez: :bat:


240V recessed overhead lamps (Downlights) will probably go as well then??? Must fit 12v Halogens.??



Have they experienced the heat of those lamps? Naaa, thought not. I wonder whether they have had claims or are just nit picking on some of these topics?? They better watch out as we will no longer need Insurance Coys.


My M n Law used to say You can tell who owns the expensive looking buildings in a street. Insurance Coys & Banks & not often was she right but I randomly tested this theory from time to time & found she was probably 100% correct. The probably didn't get their money paying out claims "so lets have some more exclusions & we might make a Motza. Stupid ****ers!

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Originally Posted by Tins

Does he have a JLR product in the garage?

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No. No cold rooms, either. Coffee shop.

Story on the paper here with people receiving court judgements for some quite large sums. They had been involved in a no win no cost type claim. Something has gone wrong and the solicitor handling the claim had gone bust

Insurance company was disputing their need to payout the claim wanting evidence that was held by the failed solicitor firm which they could not access and other party was seeking payment for court costs they had incurred defending against the claims

We would like to payout for you just need you to provide information that you do not have and never had. Once you supply the information required we will no doubt make a speedy payment

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Originally Posted by 3toes

Something has gone wrong and the solicitor handling the claim had gone bust

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Trading under another name? With insurers as clients? Or am I just getting cynical?

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Originally Posted by Tins

Trading under another name? With insurers as clients? Or am I just getting cynical?

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OI! Know your place. I'm the cynical bastard here.:rulez: [bigrolf]

I suggest they start looking at the southern most tip of South America , he's done a runner