Climate Change & Property Insurance: Threats and Long Term Effects

Shifting and extreme weather events have left many people’s homes
either flooded or completely destroyed. What does this spell for
first home buyers? 


Today, we’re exploring the long-term impacts of climate change on
your ability to insure your home now or in the future. 


We talk about what has changed in the insurance industry after
recent catastrophic events, getting the right insurance for your
home, why insurance prices are becoming unaffordable, and
more! 


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


We’ll see you on the inside! 


 


Episode Highlights: 
Why getting the right insurance for your home matters
[04:24] Should you adjust your home insurance for
climate change? [06:54] Australia is becoming an
‘uninsurable’ nation [10:51] Is the property you
want considered ‘high risk? [14:20] Climate risk
map of Australia [16:42] What will happen if
insurance becomes unaffordable? [18:59]

 


Links from the Show: 


One In 25 Australian Homes Uninsurable By 2030

Climate Risk Map of Australia



 


If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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