Shock at quote for in­sur­ance

Port Douglas & Mossman Gazette - - NEWS -

A FAR North first home­buyer was shocked when a ma­jor in­surer quoted her $21,000 for home in­sur­ance.

Ed­mon­ton res­i­dent Tracey Green re­cently bought a three­bed­room, two-bath­room 1970s house with “noth­ing flash about it”.

When she started shop­ping around for home in­sur­ance, some of the quotes took her by sur­prise.

“I think the girl nearly fell over when she came back to me with that price, she was quite em­bar­rassed the poor girl,” she said.

Ms Green said she was told it was due to the risk of cy­clones.

Cairns Mort­gage Bro­ker Roger Ward is lead­ing a cam­paign to drive down in­sur­ance pre­mi­ums in the Far North by call­ing for the rein­tro­duc­tion of a state gov­ern­ment in­sur­ance of­fice.

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