The Gympie Chamber of Commerce says the reintroduction of a Queensland Government insurance scheme should be seriously considered after this year's natural disasters.
The Urban Development Institute of Australia says premiums have skyrocketed and in some parts of the state getting a policy provider is almost impossible.
Chamber president Ben Ellingsen says some Gympie locals cannot afford insurance.
"Some of our businesses in our flood-prone areas, a lot of them would struggle to have any appropriate insurance," he said.
"When you have people with a tight budget these sort of insurances are the first to go because people don't really think they're a necessity but we all know that you've only got to call upon your insurance once and it all becomes worthwhile but it's all becoming far too expensive.
"Gympie has suffered numerous flood events over the last couple of years and obviously insurance companies are concluding that warrants an increase in their premium.
"We're talking 100 to 200 per cent in some cases, sometimes a lot more but certainly a significant increase to business budgets and also household budgets."
© ABC 2013
13:46 EST The past few days have seen quite warm temperatures across western and southern Australia while along the eastern seaboard temperatures have been closer to average.