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Commercial & Personal Insurance

 

Commercial & Personal Insurance

In Australia, insurance falls into three broad categories - life, general and health insurance. While all these are generally classified under the head of personal insurance, there are some other components of which commercial insurance is an important one.

Commercial & Personal Insurance Quotes

It is possible to obtain quotes from an insurance company which gives you a rough idea about what to expect if you buy a particular insurance policy and how much you will have to pay. The quote will differ from company to company, so it is a good idea to get quotes for comparison.

Commercial & Personal Insurance Policies

As stated above, there are different types of policies as under:

Personal Insurance

This is further subdivided into:

  • Life Insurance
  • Health Insurance
  • Car insurance
  • Home and contents insurance
  • Travel insurance
  • Boat insurance

Commercial Insurance

The Categories are as Follows:

  • Business Insurance
  • Public Liability Insurance
  • Market Stall Insurance
  • Commercial Property Insurance
  • Insurance for home-based businesses

There are also a Considerable Range of Covers available for Small Businesses like:

  • Product & Public Liability
  • Material Damage
  • Business Interruption
  • General Property
  • Personal Accident
  • Theft
  • Money
  • Glass

Commercial & Personal Insurance Companies

Here are a few of the most popular personal and commercial insurance companies in Australia:

  • CGU Insurance Australia
  • Insurance in Australia
  • QBE Insurance Australia
  • Vero Insurance
  • Wesfarmers
  • Suncorp Group Australia

Commercial & Personal Insurance Claim

The claims procedure is pretty much the same as in the rest of the types of insurance policies in Australia. The common factor is the need for proper documents that need to be submitted and a form to be filled. One knows about the claims procedure which is likely to differ slightly from one company to another.

Commercial & Personal Insurance Reviews

Through reviews of insurance companies, you can get an idea about those companies. There are numerous reviews available on the internet, but make sure that the reviews that you see are genuine statements from real customers and not just some cooked-up hype to boost the image of the companies concerned.

Commercial & Personal Insurance Cost

Personal insurance in Australia costs roughly AUD $900 per month and commercial insurance can be double of this amount. However, it was recently announced that AUD $300 to AUD $400 can be saved by availing discounts and switching policies prudently.

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