CGU provides automatic flood cover

IPSWICH householders are set to benefit as CGU Insurance moves to provide automatic flood cover for its customers.

Just last week the QT revealed how NRMA Insurance had also taken the step.

From February of next year, CGU's home, contents and landlords policies will cover for flood on renewal.

"Our customers and intermediaries have told us that automatically including flood cover in our policies will remove ambiguity when a property is damaged by storm or flood water and give them increased certainty and peace of mind," Queensland CGU state manager Damien Gallagher said.

CGU has been able to introduce flood cover due to recently improved access to flood mapping data from local councils and state governments and a commitment from Federal Government to developing a central, consistent source of flood mapping data.



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