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Scott th Ratbag

57,917 Posts.

664

12/09/23

18:12

Post #: 69830764
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Originally posted by pintohoo: ↑

Think again

''That's what prompted the heart palpitations. He's been searching for a provider – and he's had a couple of quotes for home and contents insurance, most recently from the NRMA for $31,969 per year. He shakes his head and laughs as he points out the company has offered him a $51 discount if he pays up-front.''

and yes, the cause is extreme weather events and no, it's not a bullshit reason - because if it was there'd be insurance companies undercutting

there are not.

the shift is 'on' - biggly

https://www.abc.net.au/news/2023-09...coming-uninsurable-rising-costs-730/102833374

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and now massive flooding along the east coast of Libya... a place where rainfall is normally very low.
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