Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

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Monday, May 01, 2017

Will coastal properties become ineligible for insurance?

A 2015 report to the Parliamentary Commissioner for the Environment found New Zealand has 43,683 houses within 1.5m of high tide and 8806 within 50cm.

Now, a report by Motu Economic and Public Policy Research exploring the effects of climate change on insurance suggests those homes could become no longer eligible for insurance.

Read the full report

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