The Road Ahead : April May 2016
QUEENSLAND’S LARGEST CLUB 77 APR/MAY 2016 THE ROAD AHEAD RACQ’S RECENT ANNOUNCEMENT that it was introducing insurance premium discounts to North Queenslanders who cyclone-proof their homes has been welcomed throughout the region. RACQ was the first insurer to offer a reprieve to residents of the cyclone-prone area by announcing discounts of up to 20 percent on the cyclone component of its home and contents insurance policies. New and existing customers will be eligible for the Household Cyclone Resilience Program*, which became effective immediately. The RACQ announcement was enthusiastically received across North Queensland, making front-page news in both the Cairns Post and Townsville Bulletin newspapers, and headlining television and radio news broadcasts. It also prompted at least one other major insurer to announce it would ‘shortly’ launch a similar program. RACQ Executive Manager Insurance Communications Mike Sopinski said it NQ HOME INSURANCE was time North Queenslanders received recognition for strengthening their homes against cyclones. “Home owners and renters in North Queensland who have undertaken certain cyclone resilience measures to their homes, such as a complete roof replacement, will be recognised and rewarded with significant discounts on their household insurance premiums,” Mr Sopinski said. “RACQ recognises the affordability of insurance has been a major community concern and we’re pleased to deliver these insurance savings to those who take measures to safeguard their homes from cyclone damage.” RACQ’s program delivers a range of premium discounts from five percent to 20 percent where modifications have been performed on homes, including: • Opening protection – such as roller door bracing and window shutters • Roof strapping – including tying down roof battens to trusses and rafters, timber roof battens to rafters, and DISCOUNTS WELCOMED roof trusses to wall frames • Over-batten systems – steel plates fitted over the roofing material and held down to the foundations, outside the main walls, by tie rods and turnbuckles • Complete roof replacement – old roof replaced with new roof • Complete retrofit to current building code – where major structural changes to a home built before 1985 are completed, resulting in the home now meeting the most recent building code. “We encourage North Queensland householders who have had cyclone resilience work undertaken or who are considering such work on their property to contact RACQ to discuss how they might achieve discounts on their home building and contents insurance,” Mr Sopinski said. n MEMBERS INSURANCE For more information about the Household Cyclone Resilience Program, RACQ members and customers should ring 13 1905 or visit their nearest RACQ branch. The offer is not available online. INSURANCE PRODUCTS ARE ISSUED BY RACQ INSURANCE LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE ROYAL AUTOMOBILE CLUB OF QUEENSLAND LIMITED. CONTACT OUR BRANCHES, AGENTS OR PHONE 13 1905 FOR A PRODUCT DISCLOSURE STATEMENT. PLEASE READ THE PDS BEFORE YOU MAKE ANY DECISION REGARDING THIS PRODUCT.
February March 2016
June July 2016