Quote:
Originally Posted by arm79
I think alot of it comes down state by state policies for various insurers.
I know from experience all home, contents and vehicles policies here come with flood cover by default. Our vehicle policies with Allianz definitely do, as with AAMI before it.
But you can remove flood cover from home and contents if you want to lower the premium. We don't have flood cover, nor is it even offered, because its unnecessary being 42m above sea level.
.
|
Being 42m above sea level does not stop you from being flooded. That is a total fallacy. Gympie is 73m above sea level. Look at Toowoomba, it's about 450m above sea level. It flooded. Where I live is between 400 - 500m above sea level and plenty of places flooded around here. It all depends on the terrain, the creeks and rivers and the ability of water to disperse.