02/09/2026
ASIC’s warning on insurance cash settlements is an important reminder for disaster-affected homeowners: a cash offer may not always cover the real cost of repairs.
When settlement amounts are unclear or too low, you can be left carrying the financial and practical burden yourself.
Legal Aid Queensland provides legal help with insurance problems after disasters, including disputes about cash settlements, delays and claim outcomes.
If you're unsure about your rights or need help, we’re here to assist. Call our free help line on 1300 527 700 or visit our website.
https://loom.ly/5gKCtws
The corporate watchdog warns that insurers are offering cash settlements for home insurance claims that do not cover the full cost of work needed.