30-01-2023, 10:29 AM
(30-01-2023, 08:24 AM)Oldfellah Wrote: This is bound to drain the insurance companies coffers, lets hope they play nicely but they probably wont, they will have a clause for this and that no doubt. Son and Daughter are in Auckland and talking to them they reckon there is flooding right around their areas but nothing around their houses so lets hope it stays that way, heart goes out to all those that have lost everything, poor buggers.I hope the people who want to build on the edge of cliffs have paid their fair share on premiums.
Million dollar views should demand premiums that reflect that.
I believe some of these kind of properties are not insurable and that's no surprise.