23/07/2026
Is Your Home or Business Underinsured? The Growing Risk in Australia
Many Australians are paying their insurance premiums on time but may still be underinsured. With rising building costs, labour shortages, inflation and an increase in severe weather events, the cost to rebuild a home or replace business assets has changed significantly over the past few years. According to recent industry analysis, insurance affordability and underinsurance are becoming a growing concern across Australia, particularly as extreme weather events continue to impact communities and drive up rebuilding costs...
Many Australians are paying their insurance premiums on time but may still be underinsured. With rising building costs, labour shortages, inflation and an increase in severe weather events, the co…