Flood and cyclone-prone areas in eastern Australia may be ‘uninsurable’ by 2030, report suggests
by Royce KurmelovsRoyce Kurmelovs from Environment | The Guardian on (#5YSPF)
Report mapped 10 electorates considered most at risk of becoming uninsurable due to flood, fire and other extreme weather risk
- Follow our Australia news live blog for the latest updates
- Download the free Guardian app; get our morning email briefing
Extreme weather due to the climate crisis is expected to increasingly make some Australian homes uninsurable", with a new report suggesting up to one in 25 households will struggle to be covered by 2030.
The analysis by the Climate Council, using data from consultants Climate Valuation, mapped the 10 electorates across the country considered most at risk of becoming uninsurable due to flood, fire and other extreme weather risk.
Continue reading...