Australian homeowners struggling to afford insurance as climate risks grow, report says

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Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said on Monday.

 
Author: European Council for an Energy Efficient Economy (Source: http://www.eceee.org/all-news/news/news-2024/australian-homeowners-struggling-to-afford-insurance-as-climate-risks-grow-report-says/)