What to know
- Review sums insured after major renovations or construction-cost increases.
- Understand excesses, exclusions and maintenance-related limitations.
- Check cover for solar, generators, security equipment and outbuildings.
- In sectional title, coordinate personal cover with the body-corporate policy to avoid gaps.
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
