MECHANICAL amp ELECTRICAL PAIRS amp SETS MOULD amp MILDEW Owner Packed Goods Excess TIPS WHEN SELLING AGAINST ALLIED International 35 3000 m3 Domestic 35 2000 m3 6 ID: 648196
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Slide1
Competitor Summary
Rates
MECHANICAL
& ELECTRICAL
PAIRS
& SETS
MOULD
& MILDEW
Owner Packed Goods
Excess
TIPS WHEN SELLING AGAINST
ALLIED
International
$3.5%
$3000 / m3
Domestic
$3.5%
$2000 / m3
6%
On items value
8%
On items value
1%
On items value
Full Cover
$100
Additional charges for items (not valuables) over $5000
High additional charges for extensions
Hidden costs
Computers and Clothing Market Value
No ability to insure jewellery
Claim excess
WRIDGWAYS
International
Standard 3.5%
Premium 4.4%
$3200 / m3
Domestic
Standard 2.6% to 3.3%
Premium 4.4%
$2000 / m3
Included in premium cover
Included in premium cover
Included in premium cover
Only
Restricted Cover
$0
Standard cover is not same as Grace – it is market value only
Policy charge.?
No ability to insure jewellery
Only their Premium insurance provides replacement cover
Computers and Clothing Market Value
Items over 10 years old on their Premium cover are settled at market value with a maximum payout of $2000
Valuable / antiques over $2000 have to be declared
No temporary accommodation warranty
KENT
International
?% - based on excess
$3000 / m3
Domestic
3.5%
$2200 / m3
Included in ultimate cover
Included in ultimate cover
Included in ultimate cover
Included in ultimate cover
Flexible based on premium rate.
PC’s and clothes market value only
No ability to insure jewellery
Antiques over $2000 have to be itemised
Some High Claim Excess
Computers and Clothing Market ValueSlide2
Competitor Summary
Rates
MECHANICAL
& ELECTRICAL
PAIRS
& SETS
MOULD
& MILDEW
Owner Packed Goods
Excess
TIPS WHEN SELLING AGAINST
OSS
Restricted Cover – 2.5%
Full Cover - 3.5%
$3500 / m3
Items
over
$2500 have to be listed and paid additionally.
0.25%
On total value
0.25%
On total value
0.25%
On total value
Only
Total Loss Cover
$200
All items over $1000 must be declared and are chargeable extra
Items over $2500 on lump sum cover chargeable extra.
High value electrical items (TV’s)
are included as a ‘valuable’
Computers and Clothing Market Value
No ability to insure jewellery
Items over 7 years old are at market value
PBO cartons restricted cover only
High $200 Claim Excess
No temporary accommodation warranty
All 3 extensions increase premium by 0.75%
No mechanical derangement cover over 7 years old
CROWN
International
3.5% Standard
4.2%
Premium
$3000 / m3
Domestic
3.3% Standard
4.1%
Premium
$2500 / m3
Included in Premium Cover
Included in Premium Cover
Included in Premium Cover
Included if listed
$100
Excess $100
Computers and Clothing Market Value
No ability to insure jewellery
Antiques over $2000 have to be itemised
No temporary accommodation warranty
CONROY
REMOVALS
?
Excluded from policy
Excluded from policy
Excluded from policy
Only
Total Loss Cover
$250
No Easy cover option
No ability to insure for Electrical
/ Mechanical derangement
No ability to insure for Pairs
/ Sets
No ability to insure for Mould
/ Mildew
High $250 claim excess
Items over 7 years old are at market value
Computers and Clothing Market Value
No ability to insure jewellery
Valuables (antiques)
over $1000 have to be itemised
No temporary accommodation warrantySlide3
Competitor Summary
COMPLEXITY
Rates
MECHANICAL
& ELECTRICAL
PAIRS
& SETS
MOULD
& MILDEW
Owner Packed Goods
Excess
TIPS WHEN SELLING AGAINST
KING AND WILSON
No Hidden Charges
Deluxe - $4.50%
Standard - $3.5%
Specified - $3.5%
International $3500/m3
Included in Deluxe or 8.8% as specified value
Included in Deluxe or 6.6% as specified value
Not available
Only
Total Loss Cover
$200
No
ability to insure for Mould
/ Mildew
High
$200
claim excess
Items over 7 years old are at market value
Computers and Clothing Market Value
No ability to insure jewellery
Valuables (antiques)
over $2000
have to be itemised
No temporary
accommodation warranty
No ability to insure for Mould
/ Mildew
CHESS
Premium
/ E
asy Cover
$2500/m3
Domestic
$3500/m3 International
Full Cover (no extensions)
Restricted Cover
Included in Deluxe Cover
Excluded from Full Cover
Included in Deluxe Cover
Excluded from Full Cover
Not available
$100
No ability to insure for Mould
/ Mildew
Client has to get crew to sign statement to confirm they have sighted electrical item working
High $100 claim excess
Items over 7 years old are at market value – Easy
Cover
Items over 10 years old are at market value – Full
Cover
Computers and Clothing Market Value
No ability to insure jewellery
Valuables (antiques)
over $2000 have to be itemised
No temporary accommodation warranty