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The New Daily

Business

Rod Myer

How floods could dramatically affect your insurance cover

Jodi Bird Insurance Council of Australia

Floods mean insurance premiums will rise so you need to take action.

The worst floods on record in coastal NSW and Queensland in recent weeks have not only caused great damage to homes and livelihoods, they could also dramatically affect insurance cover for people living in flood-prone regions.

If you’ve been caught up in the floods, once you get your immediate needs sorted it is time to look at insurance.

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