Menu Close

Articles on home insurance

Displaying all articles

Flood survivor Rob Bialowas at his home in Lismore. Jason O'Brien/AAP

Home insurance bills are soaring as climate risks grow. The government should step in

With average insurance premiums up 28% in the past year, there’s growing pressure on the insurance industry to rethink its opposition to a government-owned and run disaster reinsurance pool.
A cabin is illuminated by firetruck lights as the Caldor Fire burns near Lake Tahoe in California on Aug. 31, 2021. Wally Skalij/Los Angeles Times via Getty Images

A new ratings industry is emerging to help homebuyers assess climate risks

Private companies rate all kinds of investments, from stocks to used cars. Now, they’re starting to analyze climate risks to local real estate – but how reliable are their findings?
The consequences of underinsurance aren’t just personal. They potentially harm local communities permanently, as those unable to rebuild move away. Dean Lewins/AAP

A crisis of underinsurance threatens to scar rural Australia permanently

One lesson from Australia’s past bushfire disasters is that too many homes are underinsured. But it’s a lesson we’ve failed to learn.

Top contributors