Fairfax Media Network

Weather News

Flood maps help secure insurance win

Monday November 19, 2012 - 13:03 EDT

A retired Albury resident has had his home insurance premium reduced by more than 500 per cent after he demanded up-to-date flood risk information.

Barry Pitman says an insurance representative from St George told him the new premium for his home and contents insurance would be $6,400 compared to $1,200 the previous financial year.

Mr Pitman says the company reversed its decision after he received Albury City Council's latest flood study maps, proving he was not in a flood risk zone.

"The impact for me is that my insurance will come back to a very sensible, reasonable amount, equivalent to what I paid last year, including flood insurance," he said.

"For me it's going to be of the order of just a little over $1,200."


© ABC 2012

More breaking news

Sydney Morning Herald
ABC News
National Nine News
News Limited

Display Your Local Weather

Weather News

Powerful Cyclone Marcus

14:34 EDT

Severe Tropical Cyclone Marcus became the strongest tropical cyclone in Australian waters for more than a decade this morning.

'It can be freaky': Meet the man who checks Australia's wettest rain gauge

14:05 EDT

Spiro Buhagiar takes enormous pride in being the man who checks Australia's hardest-working rain gauge.

Wood sculptor makes public art out of trees downed in Darwin by Cyclone Marcus

13:32 EDT

The term "public art" might conjure up images of graffiti or large-scale installations, but Joel Mitchell's work involves a couple of chainsaws and trees destined for the chipper.