bushfire risk, fire insurance, south australia, berri, aldinga beach, waikerie, murray bridge

Bushfire season set to hit early

According to the 2017 Australian seasonal bushfire outlook, parts of the country are likely to see earlier and more active incidents of bushfire than other years. This is largely due to a combination of weather conditions this past winter, resulting in vast amounts of dry vegetation. With the increased risk it’s critical that you take necessary precautions in mitigating your bushfire risk and checking that you have the right insurance solution before it’s too late.

Bushfire risk already resulting in insurance claims

We’ve already seen serious bushfires in NSW and QLD, with news alerts that the danger from these fires has not yet subsided. In the Hunter Valley, NSW bushfires, a historic rail museum has been left with an estimated $1 million of damage.

What should you do to prepare for bushfire season?

Managed Insurance Solutions’ Lyn Sickerdick said “During a natural disaster or catastrophic event, under-insurance or no insurance at all are the major factors that impact clients. Ensuring that you have the correct insurances in place for your property or farm, e.g. under insurance can occur when clients have renovated or added extension and buildings to their existing property. While no insurance is usually a financial burden but can be alleviated with monthly payments instead of annual lump sum.”

This article from NIBA’s Insurance & Risk Professional site outlines the risks of bushfire season and the need to start preparing early. The most important thing you can do now is to review your situation and your insurances.  Talk to us if you have any questions.