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Newcastle Herald
Newcastle Herald

Storm brews over huge rise in home and contents insurance

I just got my renewal for my house and contents insurance, and I almost fell out of my seat when I saw the increase.

I have gone from $870 a year to $1580 a year. The shareholders must be rubbing their hands with an increase of about 90 per cent. How in the hell do they think some people are going to pay these absurd prices? I checked around, and a number of quotes were also well above, touching the $2000 mark.

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