Insurance red zones

A very relevant read! Thanks to those who’ve alerted us to this article!

Insurance premiums and high risk areas + climate change.

Will Stoneville properties become ‘uninsurable’ in the future? This article predicts that this area, and other ‘red zones’ in Australia, may well be uninsurable by 2100.

https://www.abc.net.au/news/2019-10-23/the-suburbs-facing-rising-insurance-costs-from-climate-risk/11624108?pfm=ms&fbclid=IwAR2I6rn9AfBuNI0iO_JAT3Dugr7Nyqd8PnYer2jXSLf_pOSYaZg3wiZLpm0