Rising construction costs, labour shortages, and supply chain pressures are creating a growing underinsurance risk for Australian property owners in 2026. This article explores how outdated sums insured can impact claim outcomes, rebuild costs, and financial recovery following major property losses.

When major storms hit, thousands of insurance claims flood the system at once, leading to delays, missed damage, and under-settlements. Here’s what homeowners need to know to protect their entitlement and avoid costly mistakes after storm or hail events.