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Podcast: The Front Page
Episode: Could your home become uninsurable, unbankable and worthless?
Description: Insurers have begun their retreat as climate change bites. Back-to-back disasters in recent years have pushed insured loss into the billions and forced tough questions about what can still be covered. Homeowners in flood and coast-exposed areas are starting to see higher premiums, exclusions and even the risk of losing cover altogether. AA Insurance has gone the extra mile and stopped issuing new home insurance policies in several towns entirely. So, who will pay when extreme weather keeps coming? Households, insurers, or the Government? Today on The Front Page...