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Showing posts with label Natural Hazards Commission (NHC). Show all posts
Showing posts with label Natural Hazards Commission (NHC). Show all posts

Friday, June 6, 2025

Kerre Woodham: Who should be paying more for home insurance?


It's not really a huge shock, is it? The news that homeowners will have to pay even more for home insurance to help the Natural Hazards Commission (formerly known as the EQC), is to be expected. Insurers have been warning for years that premiums will rise and will continue to rise, that they may have to put some of the cost of risky properties back onto homeowners and in some cases, they'll be declining to insure homes altogether. And we've already started to see that.