DONT FORGET TO UPDATE YOUR INSURANCE POLICIES

Time goes along so quick and before we know it it's a year or two before we have checked over our insurance policies. Remember reading the head lines insured but for not enough?

Insurance companies are not going to remind you are they? 

For your home go round with a pad and pen and calculate exactly what you think it would to replace your TV's, stereos, furniture, clothing, shoes, cooking equipment, in fact just everything you have in your house - I think you will get a shock if you had to replace it all.  Fortunately with our good fire brigades getting to the fire's quickly they can minimalize the damage - but would you want to take that risk?
Don't insure the property for what you bought it for remember there is a land content involved so many people just insure it for what they bought for.

For your investment properties - your contents is mainly what you need to insure for and also landlords insurance included, i.e. if the tenants damage or leave the property unannounced.  Fortunately it's not that frequent as the property manager should be onto tenants not paying their rents.

With properties been hit with approximately a 20% down turn doesn't mean to say that it wont cost you 20% less to build.

Many factors involved with insurance so please make sure you put it into your calendar before the 30th of June to update.

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO !!