As we welcome a brand New Year in 2019, it’s time we reflect on the past year on how we can improve as we’re given the opportunity to start afresh once again.

One of the things on the list is your annual insurance check-up. Is your insurance cover living up to your needs? The New Year is the perfect time for an insurance check-up. Take this chance to check your insurance costs and what it offers and decide if you should change or add on other policies to ensure you’re appropriately covered.

This process is extremely important as you want to make sure you’re getting the best value for your money. Reason being, your current policy may be too expensive, so why pay more when you can obtain a similar policy for a better price?

Here’s a quick and helpful rundown list for you to go through:

How many insurance providers do you have?

Usually, you may engage an insurer for home insurance, another for personal insurance, and another for business insurance. While it may seem like a better deal, do you know that you can actually save more money by grouping them all under one provider? An added benefit to this is that you get to save more time by reaching out to only a single provider instead of multiple providers in the event of an emergency.

What is your insurance coverage like?

While your insurance does cover your needs, the big question is your insurance covering more than what you need? It may be costing you a lot more than you know it. Imagine this scenario, if you have acquired new and expensive items at home, your current policy may not be updated/unable to cover everything. It’s best to check and know what your current needs are.

Have you compared different quotes?

The best way to see if you can save some money on your insurance is to get an online quote. It’s usually free and there is no pressure for you to commit right away.  While it’s important you’re happy with the price you’ll be paying based on your budget, don’t settle at a relatively lower cost if you’re not getting adequate coverage – the risk is not worth thinking about!

Our professional brokers can guide you through the many available options on your insurance needs across multiple industries. We can tailor a package to suit your unique requirements.

Take the time to talk to us, you’ll be glad you did:

P: 1800 809 132
E: hello@ewib.com.au
W: www.ewib.com.au

*Please note all insurance policies have exclusions. Please refer to the Product Disclosure Statement or Policy Wording before deciding whether the insurance policy meets your needs.

WordPress Image Lightbox