In the face of increasing extreme weather, we’re committed to helping make Queensland more resilient.
There’s a long way to go on The Road to Resilience, but each year we get closer, by investing in a range of innovative initiatives.
Following devastating flooding, the Commonwealth and Queensland governments have developed the Queensland Resilient Homes Funds – one of Australia’s largest ever investments in resilience, with funding to relocate, retrofit and raise homes. We partnered with the Queensland Government and supported the design and delivery.
In beautiful but weather-prone Rockhampton, we found a real street that was ripe for resilience upgrades. We set about taking our learnings from One House to implement a range of practical and affordable modifications. This meant that five local families and their homes could be better able to withstand and recover from future extreme weather events.
As part of our commitment to help create more resilient homes, we launched an Australian first for home insurance, Build it Back Better™. Having this cover means that if your home is substantially damaged by an insured event, we’ll rebuild it stronger with additional recommended resilience options to help withstand severe weather5.
We launched the first research partnership with the Cyclone Testing Station at Townsville’s James Cook University (JCU) and Urbis to analyse insurance claims data so we can better understand cyclone vulnerabilities in homes, and what we can do to make them stronger.
Insurance is issued by AAI Limited ABN 48 005 297 807 (AAI) trading as Suncorp Insurance. Please read the relevant Product Disclosure Statement before buying any insurance products. The Target Market Determination is also available. The information is intended to be of a general nature only. Subject to any rights you may have under any law, we do not accept any legal responsibility for any loss or damage, including loss of business or profits or any other indirect loss, incurred as a result of reliance upon it – please make your own enquiries.
4. A premium reduction may be available to eligible Suncorp Home or Landlord Insurance customers, with properties above tropic of Capricorn, within 100km from the coast and with certain risk mitigation measures. Eligibility criteria, terms and conditions apply. Find out more.
5. Cover applies to claims with building damage over $50,000 or 10% of sum insured, whichever is highest. Resilience improvements are tiered according to level of cover up to $10,000. Limits, conditions and exclusions apply. Please read the relevant Product Disclosure Statement before you make any decision regarding this product.
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