1 in 2 people worried about insurance affordability as risk of climate disasters grows - poll
An annual poll by IAG reveals that half of New Zealanders are concerned about the affordability of house insurance due to the rising risk of climate-related disasters. The survey also indicates a growing public perception that the country is failing to proactively address climate change.
Why it matters
Rising insurance costs and climate risks pose a significant threat to financial stability and housing security for many citizens.
Half of people worry they will not be able to afford house insurance as the risk of climate-driven natural disasters grows, an annual poll shows.
The article reports on poll data and includes perspectives from both the public and the insurance industry.
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