Summertime in Australia… beaches, barbies, budgie smugglers… and bushfires. While the postcard images are idyllic (or a little scary when it comes to the togs), the reality is that the chance of a natural disaster warms up as the weather does.
The risk of cyclones, storms, floods and bushfires soars between November and April – often resulting in devastating damage bills.
The outlook for this year’s disaster season is sobering. The Bushfire & Natural Hazards Cooperative Research Centre predicts that large parts of southern Australia will face above-normal bushfire activity. For those in northern Australia, the Bureau of Meteorology notes that there is a 56 per cent chance of an above-average number of cyclones this season.
Now is the time to check that your investment property is protected should Mother Nature unleash her wrath.
From an insurance perspective, once a disaster has struck it is too late to arrange appropriate cover, making early risk mitigation a must:
Property owners should take action now to prevent being hit by the fallout from extreme weather conditions. Talk to your property manager/agent or contact a specialist landlord insurer to arrange the right cover and then you can relax and enjoy the summer.