which we believe is just normalising at the moment .
6 . Do I need to update my policy if I get backup power ( solar , batteries , generators )?
Yes . Adding these items to your household would lead to a material increase in value and as such , it is critical that you ensure your property ’ s sum insured is adequate . Further , it is critical that these are installed by a certified professional and complies with the regulations applicable – especially generators . At Momentum Insure , we are here to keep you safe on your success journey . In our experience , loadshedding has not led to too much friction from a consumer point of view . At the end of the day the general advice when it comes to insurance applies holds true - make sure all information supplied is truthful and accurate and make sure the value you are covered for is adequate .
SA Real Estate Investor Magazine NOV 2022 115