Unfortunately bad things happen. When you're over 18, you will be responsible for the cost of a medical procedures or have to work out what to do if your residence is burgled or damaged. We're here to help with some general advice.
Medicare Cover (Separating from your family’s cover)
You can have your own Medicare card if you’re aged 15 or older and enrolled in Medicare.
Follow this link to find out how
In Australia, Medicare doesn’t cover the fees associated with an ambulance ride – one trip in Victoria costs over $1,100!
There’s two ways to be covered for an ambulance ride:
- Make sure that it is included in a private health care policy OR
- Purchase Ambulance Victoria memberships annually.
Find memberships costs here.
Car Insurance and Roadside Assistance
Like anything, it pays to shop around for car insurance. Not all insurers offer roadside assistance (or even have the capacity to offer it).
As a new driver, and perhaps car owner, you are going to have to work out what you can afford if you get in a car accident – can you afford the premiums to cover yours and another party’s car replacement if an accident is your fault? Can you afford to pay a bit extra to be covered for a free windscreen replacement? People in the country use this a lot as stones will often be thrown by trucks and other vehicles.
Check out the websites below to get some more information.
What Is Renters Insurance? Do I Need It?
Some renters forget that when it comes to taking steps to protect their own belongings, it’s up to them to ensure they’re properly insured. In fact, according to a 2016 survey by Understand Insurance, the majority of tenants don’t insure their belongings at all. This could be cause for concern when you consider how prone certain parts of Australia are to incidents like floods and fires.
In the event of a disaster or break in, not having insurance can be stressful, potentially leaving renters with a sizable dent in their bank accounts. Renters insurance is designed to provide a safety net for tenants who find themselves in this situation and need help getting back on their feet financially.
Find out more here.