Be Weather Ready this Summer

Last year was an extremely challenging summer for Australians. While you likely remember the season for its bushfires, you may not realise that over the same period, storms and floods also caused over $3 billion in damage and gave rise to more than 250,000 insurance claims.¹

This summer, the Bureau of Meteorology has officially declared a La Niña event that is likely to bring an increased risk of storms, cyclones and flooding to some parts of the country.²

Being Ready is Essential

It is important to be ready for extreme weather. Download the fact sheets below for tips on how to protect your home, contents and vehicles this summer.⁴

To ensure your insurance is weather ready and you have the appropriate cover for your circumstances, don't forget to:

• Check that your insurance is up to date and relevant to your current circumstances.
• Review the sum for which you are insured, checking that it covers the replacement value of what you would like to insure⁵.
• Ensure that your premiums are paid to make sure there are no interruptions to your cover.

References:

1. Insurance Industry data inclusive of Allianz Australia losses.
2. Bureau of Meteorology, ‘What is La Niña and how does it impact Australia?’.
3. ABC ‘How La Niña will impact Australia’ .
4. All tips are general in nature and do not take into account your objectives, financial situation or needs.
5. Please note a 72 hour exclusion period may apply for loss of or damage caused by cyclone, flood, grassfires and bushfires after you first take out or increase the cover under the policy. Please refer to your PDS for full details, terms, and conditions.

Disclaimer:

Please note the information in this article is general in nature and does not take into account your objectives, financial situation or needs. You should consider obtaining independent advice before making any decisions based on this article.

This article has been prepared by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (“Allianz”). Information contained in this article is accurate as at 06 11 2020 and may be subject to change. In some cases information has been provided to us by third parties and while that information is believed to be accurate and reliable, its accuracy is not guaranteed in any way. Any opinions expressed constitute our views at the time of issue and are subject to change. Neither Allianz, nor its employees or directors give any warranty of accuracy or accept responsibility for any loss or liability incurred by you in respect of any error, omission or misrepresentation in this article.

Goulburn Murray Credit Union ABN 87 087 651 509 AFSL/ACL No 241364 arranges this insurance as agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision, please consider the relevant Product Disclosure Statement. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services.