Breakfast with…… Morrie Sulejman WESTCOURT GENERAL INSURANCE

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There has been a lot of hype and water cooler chat recently about changes to insurance policy costs as a result of nationwide floods and bushfires. At our recent ‘Breakfast with …… session Morrie Sulejman of West Court General Insurance Brokers talked specifically about the new fire and flood levies being added to insurance policies and how some companies have managed this. The discussions considered significant increases in premiums, in some instances from $600.00 to $3,000.00.  We discussed however that if you looked further into the premium, some were actually reduced by greater than fifty percent. In one instance a client had achieved this by questioning the premium with the existing insurer. Morrie provided interesting insights into the insurance industry and explanation as to why the increase had occurred. He also assisted in providing suggestion on how to minimize the impact of increase as a result of flood and fire levies.   Those that attended the breakfast all provided positive comments and that they took away a new understanding of their insurances.

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