Act now to improve your storm safety and savings: RACQ
Queenslanders have been urged to consider undertaking cyclone resilience works as new RACQ data revealed its members had saved more than $730,000 off insurance premiums since 2016, while making their homes and families safer.
RACQ spokesperson Lucinda Ross said now was the time to act, with funding from the State and Federal governments on offer and storm season fast approaching.
“The affordability of insurance premiums in north Queensland is a real concern, as is the risk of property damage and injuries when severe storms hit,” Ms Ross said.
“Now is the perfect time for Queenslanders living within 50km of the coast from Bundaberg north, in pre-1984 homes, to investigate benefits available to them to improve the resilience of their home.
“Government grants, like the Household Resilience Program, could contribute up to 75 percent of the cost of improvements such as re-roofing or having cyclone shutters added.”
Ms Ross said investment in mitigation works could have significant benefits in the future.
“As well as making your home safer for you and your family, any money spent to make your home more resilient could lead to savings on your insurance premiums,” she said.
“Some insurers, like RACQ, offer discounts on the cyclone portion of your premium if you make changes to improve your home’s resilience to wind damage.
“Almost 3,000 of our members have accessed this discount since 2016, saving more than $730,000.”