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Monday, December 23, 2024

News Sport Classifieds Digital Editions

The real reason your insurance premium is so high

SUNRAYSIA insurance holders facing drastic premium rises are mostly paying for insurer losses to natural disasters elsewhere, rather than covering their own flood risk, it can be revealed.

Anecdotal reports of large rises in premiums have been emerging locally since well before the Murray flood peak arrived.

The Insurance Council of Australia says the industry has been forced to do this by billi...

Sunraysia Daily

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