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Andrea McGann owns a simple house in Botany, quite a long way from the bay. Her home and contents insurance went up from about $3000 to $6000 last year, now she is being quoted over $19,000 to renew. QBE says she is at high risk of storm or flood damage.

Andrea lives in a simple home in central Sydney. She was quoted $19,000 to insure it

In a sign of how insurance companies are slashing their appetite for climate risk, even homes that have never been flooded are becoming hard to insure.

  • Caitlin Fitzsimmons

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