City Rural Insurance Brokers


Underinsurance – Don’t risk it

At City Rural we work with our farming and rural clients to ensure the policies we arrange on their behalf provide the right cover for their needs. This is why when you’re with City Rural and a claim arises, there are no surprises.

It’s all about making sure that you are fully covered against the financial impact of insurable events, especially those that, as history shows, will occur time and time again.

Our broking staff is trained to recognise potential problems and also identify circumstances that can cause a client to risk underinsurance. Surely underinsurance is one of the saddest eventualities to happen to anyone in the event of an unpleasant loss. You paid the premium… but were not covered for the extent of damage that occurred.


It’s important that you insure your farm buildings and property for the right value. Underinsuring your possessions may save you a small amount of money in the short term but it can also mean you will have to pay far more to replace or repair damage. Cheaper premiums invariably mean less coverage and lower payouts.

Although fire is the most feared natural disaster event, it’s not the only threat to your farm buildings. A storm can cause damage to sheds and with the updated building codes, you may find the sum insured is not enough to rebuild or repair.

Use the CGU Insurance Home & Contents Calculators to estimate your replacement cost needs or call the friendly team at City Rural for more information.

City Rural Insurance Brokers

Fire Safety in Rural Areas

Bushfire season – be prepared

City Rural is fortunate to have CGU Insurance as one of our selected insurers for our rural and farming clients.

With CGU, our clients get additional benefits and useful tools that are not available with other insurers. These tools help to ensure safety on the land and that the insurance covers undertaken are correct and suitable for our client’s circumstances.

We are pleased to provide this recent update and advisory from CGU Insurance as once again we enter that time of year when ‘bushfire’ is front-of-mind with rural clients.

CGU Insurance: Bulletin 1/11/14

Large areas of Australia are once again under threat of serious bushfires. Each year, bushfires cause severe damage to property, assets and lives. Unfortunately for us all, Australia is predicted to experience an increasing number of fire events over the coming years, with fire seasons starting earlier and running longer than in previous years.

While State and Territory protocols vary, the common precaution is to prepare and plan. If you live in a high-risk bushfire area, planning and managing risks will decrease the risk of damage to life, property and assets.

Use the CGU bushfire checklist to help your preparations.

Bushfire Attack Level (BAL)

The Bushfire Attack Level system was introduced in 2009 following the Black Saturday bushfires. BAL ranks the different intensity levels a home may experience during a bushfire. It takes into account the region where the home is located, the type of vegetation around the property, the distance the property is from different vegetation types and the slope of the property.

BAL’s range from BAL-Low to BAL-FZ (Fire zone), with each level in between requiring more fire resistant building materials. Not factoring in BAL ratings when calculating insurance leaves owners open to the problem of underinsurance.

There is a free calculator available here that allows you to calculate your BAL. It’s important that you ensure you have all the facts about your property before deciding what level of insurance you require.

Contact the friendly team at City Rural for more information about how you can protect your family and property from the financial loss of natural disasters.

Womadelaide Fire

City Rural take the heat!

Dateline: early hours of 11 March 2014

Location: Womadelaide event-sound stage in Botanic Park

Fire breaks out at the rear of one of the event stages. The owner of the sound and PA system equipment had packed up and stored his gear in the transport boxes at the rear of the stage, along with a grand piano.

The fire was spotted by a security guard who raised the alarm. Fire crews raced to the scene and the fire was promptly extinguished but not before there was $1 million dollars worth of fire and water damage to the equipment, piano and stage.

Just doing our job, City Rural had arranged the correct cover and our client, Womadelaide Foundation Inc., simply paid the excess and the insurers handled the claim

Womadelaide Foundation Inc. is a long-term client of City Rural. Over our more than 10-year relationship, we know their routine with the event and what items need cover. Early this year though, after 10 years of no claims, they questioned if they really needed the cover.

This is a very common question from our event clients – “Do we really need it? As professional risk managers, we explained the cover; outlined potential claims scenarios … and why adequate cover was a ‘must have’. Our advice was taken…fortunately.

As a result of the policy being correctly structured and placed with a reputable Australian insurer there has been no financial impact on our client. We look forward to working with them on Womadelaide Festival 2015.

As an interesting side issue (well, we think it is), because the event was in the Adelaide Botanic Park, any plant life that may be damaged also needs to be considered when arranging cover for these events. City Rural had it covered but thankfully, the 100-year-old tree near the stage was not affected.