The Flood Insurance Trap: How Rising Risks Are Leaving Australians Behind The recent analysis by actuarial firm Finity has revealed the stark reality of Australia's flood insurance crisis.
The most expensive regions for insurance on the east coast are those that have been devastated by floods, and this pattern is being repeated across the country.
As climate change takes its toll, one thing is clear: the people who need protection the most – those living in areas prone to natural disasters – are being priced out of the market. The statistics are striking.