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- 13 August 2006
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I wish this was true, but its not.But, if you’re in the burbs above the water line, you pay less. Surely that is the case and there’s not a blanket increase in premiums because morons build a house covered in twigs with a lightening rod on the roof?
I'm in Sydney in a suburb that doesn't flood and isn't subject to bushfires.
No claims in recent years.
My home and contents insurance bill went up 36% in 2020, another 31% in 2021 and another 26% in 2022.
I think everyone insured is paying for the additional risks due to climate change.