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ABC News
ABC News
Business

Victorian caravan park owners struggle to secure affordable insurance

Caravan park owners across Victoria are finding it increasingly difficult to find insurance companies that will cover them, as the global appetite for higher-risk insurance drops off, making reinsurance more difficult to obtain.

Franzi Weiss bought the Jamieson Caravan Park in the Victorian high country six years ago, and says that over the past four years her insurance premium has increased fivefold.

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