With Suncorp’s Cyclone Resilience Benefit, more than 40,000 eligible North Queenslanders are enjoying reduced Suncorp home insurance premiums – and safer homes.
The award-winning Cyclone Resilience Benefit is especially for our eligible customers in North Queensland. You could be eligible if:
- you hold a Suncorp Home or Landlord Insurance policy
- your property is north of the Tropic of Capricorn and within 100km of the coast
- you undertake improvements to your roof, windows, doors, shed, as well as cyclone preparation in general.
Want to find out what kinds of improvements could help you save? We’ve put together a list of ways to make your home more cyclone-ready.
We know in North Queensland there’s significant cyclone risk and that there are things that North Queenslanders can do to mitigate the risk of damage to their homes and to themselves.
That’s why we introduced our award-winning Cyclone Resilience Benefit. It rewards eligible North Queensland customers with up to 20% discount on their Suncorp home insurance premiums where they can demonstrate they’ve taken action to improve the resilience of their home in a cyclone, whether that be strengthened roofs or windows or reduced water access points.
More than 40,000 eligible North Queenslanders are enjoying those discounts on their insurance premiums today. And we’d encourage more eligible North Queenslanders to take advantage of our Cyclone Resilience Benefit.
As of December 2018, nearly 3,000 eligible North Queensland homeowners have qualified for the highest level of the Cyclone Resilience Benefit. By upgrading their pre-1980s roofs, they’re saving more than $300 a year on average.
Top North QLD Savers^
Highest level Cyclone Resilience Benefit
Average Annual Reduction
*Eligibility criteria, terms and conditions apply. Find out more.
^Minimum 100 customers
1Comparison rate is based on $30,000 loan over 5 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
3 An early payout fee applies for Fixed Rate Unsecured Personal Loans if you repay your loan within 12 months of settlement and the term of the loan exceeds 12 months.
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