Federal Government Announces Insurance Scheme for North Queensland
North Queensland has a reputation for cyclones and wild weather. This has led to many insurers refusing to cover properties or charging huge insurance premiums. Homeowners will now finally get some relief following Prime Minister Scott Morrison’s announcement that a $10 billion guarantee will be implemented aimed at dropping unaffordable insurance bills and ensuring people […]
Insurance Premiums in North Queensland
North Queensland is famous for its beauty and Worldclass beaches. However, it also has a reputation for wild weather during the summer months. Unfortunately, these wild weather seasons have led to an increase of insurance premiums for residents in North Queensland. An article was released by ABC news discussing how residents in North Queensland are divided on how best to respond to rising costs of building insurance due […]