In­sur­ance cuts a win for re­gion

Whitsunday Times - - LOCAL NEWS -

FOR the first time in a long time, in­sur­ance pre­mi­ums in north Queens­land will come down for some home­own­ers, ac­cord­ing to Fed­eral Daw­son MP Ge­orge Chris­tensen.

Mr Chris­tensen said the move by ma­jor in­surer Sun­corp to in­tro­duce its own mea­sures to re­duce in­sur­ance pre­mi­ums was a ma­jor win in the long battle to get a fair deal for those in the north.

The Daw­son MP said the in­sur­ance pack­age, called Pro­tect­ing the North, flagged sav­ings of up to 20% on pre­mi­ums for homes.

Sun­corp’s pack­age of ini­tia­tives in­cludes sav­ings on strata ti­tle in­sur­ance.

“I did a lot of work fight­ing for a fairer deal on strata in­sur­ance as well, es­pe­cially for Air­lie Beach res­i­dents,” Mr Chris­tensen said.

Mar­garet Shaw, a Whit­sun­day woman who has fought for fairer in­sur­ance pre­mi­ums since 2011 and was nom­i­nated as Aus­tralian of the Year for her ef­forts, said the move was not enough.

She said given pre­mi­ums had risen 200%, more than a 20% re­duc­tion was needed to make a dif­fer­ence.

“The move is well-in­ten­tioned but not quite there yet,” she said.

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