""There's lots of people being told that we won't cover you for flood, if you want flood cover it's going to be $20,000.
"Now in my view that is not a serious offer, that is code for 'you're #uninsurable'."
Analysts expect banks will start turning down #mortgages in high-risk areas."
https://www.abc.net.au/news/2025-01-15/insurance-premiums-rising-uninsurable-homes-climate-change/104814932
#HomeInsurance