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AAP
AAP
Business
Duncan Murray

NSW paying more for insurance on fire, flood tax

New South Wales Insurance Matt Kean ICA
The Insurance Council says NSW residents are paying more for coverage because of the emergency levy. (Jason O'BRIEN/AAP PHOTOS) (AAP)

Insurers say a government levy to help fund emergency services is adding hundreds to premiums in NSW and has left the state with some of the worst coverage rates in the country.

The Emergency Services Levy is currently adding around 15 per cent to annual premiums in NSW, a report by the Insurance Council of Australia (ICA) revealed on Monday.

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