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Insurance Premium Rates - Wellington

Risk Based Pricing effects Wellington

05.07.2018 11:57 Age: 1 year
Category: Local Insurance news

We are now seeing 'Risk Based Pricing' from Insurance Companies. Put another way, the cost to bring Natural Disaster/Earthquake protection to Wellington is paid for by Wellington policyholders and potentially not subsidised by other regions.

Click here to read a recent article about a Tower Insurance policyholder who figured out why the premium on her house insurance is increasing by $5,000 a year.