Lessons We Learned From The Rain Bomb

Earlier this year, we suffered the worst natural disaster in history, after heavy and sustained rainfall caused a series of floods along the east coast, killing 22 people, destroying thousands of homes and costing over $5.2bn Brisbane recorded 676.8mm of rainfall over a 3 day period breaking the previous record of 600.4mm in 1974. This…

To Repair or Not Repair – That is the Question

Undertaking construction work can be stressful at the best of times, and almost inevitably not everything will go to plan. In Queensland, the Queensland Building and Construction Commission (QBCC) provides a Statutory Insurance Scheme design to cover defective building work. However, in a decision that highlights the competing interests of an insurer to be able…

Market Value-v-Agreed Value Car Insurance

Deciding between agreed value or market value car insurance typically boiled down to two things: the car you drive and how much you wanted to spend on the premium? However, since 2020, this question has becoming much more complex to answer. ‘Market Value’ is a recognised insurance industry term for what your car would fetch…