Why do you need to know the turnover of my business?

Everybody’s assessment of what they need to cover their assets is different. How much cover someone chooses can depend on things like the size of their property, the quality of their furniture, and anything unique about their home.

Our home and contents calculators are one tool that can help you figure out how much cover you need. Just remember that they’re a guide only, and provide a possible sum insured range. The final decision on the sum insured amount is yours, as we’re unable to guarantee that all the information in the calculator is up-to-date or accurate. They might also differ from any estimates we provide as part of your quote.

If you run a business from home, let us know so we can help you choose your cover.

Depending on what you use for your home business, some contents may not be covered under our Building and Contents policies. For example, sometimes a Home Contents or a combined Home Building and Contents Insurance policy may be a suitable option for insuring home office equipment that you use to run your business from home. However, this won’t cover stock used by your business.

Keep in mind, under a Home Contents or combined Home Building and Contents policy, legal liability for your business will not be covered, unless the business involves renting your home for domestic use.

Call us on 131 123 (8am–8pm AEST/AEDT) to learn more.

Business interruption insurance can help cover loss of income and some operational expenses if your business needs to close as a result of an insured event.

Having this kind of cover can help your business stay afloat while your ability to conduct normal operations has to stop.

The length of time your business is covered for will depend on your individual policy. When you take up a new policy, you’ll be able to decide how long you’d need to be covered for after an insured event.

NRMA Insurance have partnerships with specialist repairers and suppliers.

We engage these partners to assist in your claims process as they can best organise to return you to the position you were in before your claim.

Rest assured that we only engage suitably qualified repairers and leading retailers that we work closely with to assist with your claim.

If you need to change or add something to your cover, you’ll need to provide:

• your policy number
• some information about your business activities
• details of the business premises including address, age and security details.

If you’re making a change specifically about a vehicle, agricultural machinery, or other business items, then you may need to also provide:

• registration and VIN numbers
• serial numbers and make and model information.

We need this information to help you decide on the cover you need and to assist with identifying items in the event they’re stolen and you need to make a claim.

To protect the security of customer information, all data entered into the web chat session is encrypted. You should however never disclose credit card details in a chat session. If we require these details we'll ask you to call us on 132 132.