Cyclone_Jasper, page-192

  1. 9,305 Posts.
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    I live in Cairns and yes building insurance have increased substantially since the floods in Brisbane and the dam debacle in 2011? 12
    From about 12k a year to 80k a year now
    Self insuring was mentioned to the body corporate committee and managers but has not gained traction yet
    The building is strong
    Reinforced concrete block and a cyclone would never blow it down
    2 stories high
    Cairns has never had a direct hit for 100 years as far as I know
    Compulsory insurance is a pain in the arse
    For a free democratic country
 
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