Cost-of-living crisis: WA’s insurance prices soar to highest increases in nation

[Pelican Press 0]

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Cost-of-living crisis: WA’s insurance prices soar to highest increases in nation

The soaring price of insurance has emerged as the hidden scourge of the cost-of-living crisis, with insurers accused of gouging customers with rolling above-inflation premium increases.

Customers renewing home and contents and motor insurance policies for the next 12 months are again facing double-digit premium increases, despite evidence that coverage is already out of reach of many hard-pressed households.

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