Mirage News
In 2022, Australians claimed more than seven billion dollars on their home insurance – almost double the previous record – after a string of major floods across the east of the country. In response, home insurance premium rose by at least 14% on average, the biggest rise in a decade. In the major capital cities
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Climate Change Boosts Insurance Costs, Stokes Inflation | Mirage News
In 2022, Australians claimed more than seven billion dollars on their home insurance – almost double the previous record – after a string of major floods across the east of the country. In response, home insurance premium rose by at least 14% on average, the biggest rise in a decade. In the major capital cities