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ABC News
ABC News
Business

Gold Coast residents struggle to find insurance as broker warns of 'change in appetite' for flood risk

After seven years with the same insurer, Collette Zimonyi has been told her Gold Coast property is now "embargoed", leaving her without contents insurance as wet La Niña conditions persist into summer.

Ms Zimonyi said her insurer did not provide a specific reason last week but that due to the embargo, the contents insurance for her Labrador home could not be renewed.

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