Cost of insurance spikes in the Northern Territory even for those who’ve made no claim

Cost of insurance spikes in the Northern Territory even for those who’ve made no claim

Some Darwin homeowners are shocked at massive increases in their insurance premiums, despite not making claims. A cyclone re-insurance pool, introduced by the federal government two years ago, is supposed to reduce the cost of insurance in Australia’s north.


User: ABC NEWS (Australia)

Views: 196

Uploaded: 2025-01-22

Duration: 01:48