In this episode of Weekly Insurance News Wrap, we cover AFCA's ruling that a damaged vintage car, whether operational or not, is exempt from home insurance, highlighting the need for comprehensive coverage for unique vehicles. We also discuss increased satisfaction with insurers' handling of claims amidst recent floods, while pointing to concerns over a trend towards self-insurance amongst small businesses. Finally, we discuss a case where travel insurance fell short of covering costs of a vacation disrupted by wild fires, emphasizing the importance of understanding policy terms completely. Information on these topics and more can be found on financialservicesonline.com.au.

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