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Good News Story: Ausure Broker Saves Rural Pub From The Perils Of Underinsurance

It’s common for property and business owners to underestimate the cost of a rebuild and re-establishment if their property or business were to be lost during a fire or other events. Being underinsured can have dire consequences for your payout at the time of making a claim.
Ausure insurance brokers can offer professional assistance to ensure their clients are adequately insured and know the risks involved with underinsurance. Here is one recent example from Ausure Insurance Services in rural Victoria.

Josh Legudi, Managing Director of Ausure Insurance Services, reports

One of our clients owns a rural pub in Victoria. Madeline Chamberlain, our Senior Broker in Rutherford Street Swan Hill did the insurance pre-renewal review with the insured. Maddie discussed the underinsurance clause with the insured and advised it would be worth getting a quantity survey report completed to provide a more comprehensive analysis.

MCQ Quantity Surveyors was engaged and did a thorough job surveying the property.

When MCG provided the quantity survey report, it revealed the pub owners were actually underinsured by just over a whopping $1 million on the property sum insured and 21 months short for the Business Interruption indemnity period.

Ausure provided the report to the insured along with an endorsement quote for the changes, as per the MCG report. The client accepted all changes.

“This was a great result for the insured who can now rest assured they are well covered,” reflects Josh.

Well done Maddie and team!

Ausure Award of Excellence: Ross Cowcher, Gaye Legudi, Josh Legudi, Madeline Chamberlain and team members celebrate winning Ausure’s moat prestigious Award of Excellence a few years ago. The Legudi’s team and offices continues to grow but most of all they focus and thrive on providing their clients caring, thoughtful, trusted, old fashioned service, insurance risk advice and claims assistance.  


About Ausure Insurance Services

Ausure Insurance Services run by Josh Legudi and Gaye Legudi has grown and continues to expand their presence in Victoria, doubling in size in the past year. They are now in the Top 5 largest broking businesses in the Ausure Group. This incorporates Rutherford Street Insurance Services in Swan Hill, Ausure Port Melbourne, Ausure Deniliquin and now with the recent acquisitions, Seymour and Eurora, as well as client bases in Mildura and Horsham.

They’re also an Award Winning team: The Legudis and their dedicated team have been successful at scooping up Ausure awards over the years. Most notably, the Legudis won Ausure’s Award of Excellence in 2019. Josh Legudi also won Ausure’s Young Achiever Award in years prior and Madeline Chamberlain was a finalist for Ausure’s Young Achiever Award in 2021.

Why choose Ausure Insurance Services?

We are local, supporting local businesses. Our combined resources deliver local knowledge and experience with national and global market strength.
Ausure Insurance Services is a family run business based with locations in Swan Hill, Mildura, Horsham, Port Melbourne, Euroa, Deniliquin and Seymour. Our developed work practices combined with our team of fully qualified staff offer our customers efficient, professional and reliable service.
We are an authorised adviser of Ausure Insurance Brokers and have access to a vast range of Insurance companies that can offer a large range of insurance products. Combined, the staff at Ausure Insurance Services, have over 85 years of experience in the insurance industry, with extensive product knowledge in all areas of General Insurance.

Backed by Ausure and Steadfast

When choosing Ausure Insurance Services you benefit from the combined size and security of Australia’s own Ausure Insurance Group and Steadfast Insurance Group. Ausure is one of Australia’s largest insurance broking and advice companies with more than 200 authorised representatives in more than 100 offices nationally. Ausure is part of Australasia’s largest general insurance broker network, the Steadfast Group. We leverage Steadfast’s scale to ensure our clients have access to a wide range of insurance companies, a broad range of products, exclusive policy options, and of course, competitive pricing. And when the time comes and you need to make a claim, you will have the backing of Steadfast behind you.

Contact Ausure Insurance Services at your choice of location today

Head office

Rutherford Street Insurance Services
Ausure Insurance Services – Swan Hill
19 Rutherford Street, Swan Hill Vic 3585
Phone: (03) 5033 1111

Ausure Insurance Services – Port Melbourne
128 Rouse Street, Port Melbourne Vic 3207
Phone: (03) 9645 2844

Ausure Insurance Services – Deniliquin
137 End Street, Deniliquin NSW 2710
Phone: (03) 5839 8100

Ausure Insurance Services – Seymour
Shop 10 ‘The Mall’ 78 Station Street, Seymour Vic 3660
Phone: (03) 5799 1882

Ausure Insurance Services – Euroa
41 Railway Street, Euroa Vic 3666
Phone: (03) 5795 3642

Ausure Insurance Services – Mildura
Phone: (03) 5033 1111

Ausure Insurance Services – Horsham
Phone: (03) 5033 1111

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