Home owners in flood-prone areas get wildly different insurance quotes
A mystery shopping exercise by The Australian Financial Review found wildly varying premium quotes for the same properties near recently flooded areas.
When the rain turns nasty, Shaun Quilty frequently watches the Bureau of Meteorology website to check for any flooding.
“There’s definitely an anxiety factor,” the mining-sector consultant told The Australian Financial Review from his beautifully maintained two-storey home in Brisbane.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
