Fairfax Media Network

Weather News

Yasi victims still awaiting insurance decision

By Kirsty Nancarrow, Friday October 26, 2012 - 12:35 EDT

The Insurance Council of Australia (ICA) says some far north Queensland residents are yet to have claims resolved, 20 months after Cyclone Yasi.

Special risks manager Laurie Ratz is holding pre-cyclone season briefings in the region to help people better understand their policies.

He says it is not unusual for a small number of claims to be unresolved.

"If there's any ongoing issues with Cyclone Yasi or indeed any ongoing issues with an insurance claim I may be able to assist with those, answer some questions or if necessary put them in touch with their insurer at a higher level than they're getting at the moment," he said.

He says it is important residents understand their policies.

"One of the common issues that I do come up with is under-insurance where people aren't aware of just exactly how much their contents are actually worth or how much it will cost to rebuild their house or their home in the event that it is completely destroyed or significantly destroyed," he said.

"So it's good to be able to talk to people about that."


- ABC

© ABC 2012

More breaking news

ABC News
Sydney Morning Herald
National Nine News
News Limited

Display Your Local Weather

Weather News

Weather bureau's outlook predicts wetter than average spring in western and central Australia

15:47 EST

The Bureau of Meteorology says spring could be wetter than normal for much of western and central Australia.

Southerlies soak parts of VIC

13:38 EST

A moisture laden southerly flow directed by an East Coast Low interacted with an upper cold pool over parts of Victoria yesterday producing persistent and heavy showers.

Canberra's coldest winter since 2000

13:17 EST

Canberrans have endured a much harsher winter than any in the past decade.