The Impacts of Climate Change on Insurance costs
Our homes can be our greatest investment and protecting our homes against climate change has become more important than ever.
Our changing climate poses risks to our natural and built environments. Swiss Re in a global analysis of insurance risk said to “expect climate risks to raise global property premiums by 33-41% between 2020 and 2040”. The potential increase was deemed a direct consequence of our changing climate.
Our Climate Insights property report provides easily understood information on change to risks for your current or a future property. The report includes robust and actionable information for residential property owners, tenants and investors to enhance their property’s climate resilience.
Driven On The Akatarawa Rd Lately?
If so, its good to know you are still alive and reading this.
We have a function to go to over Christmas up that way and having heard a few hairy stories about the road, I went up there on Thursday to check it out. The road's ok, narrow and winding, but not much worse than a Wellington hill suburb. What was pretty scary was the behavior of other drivers. Three vehicles heading the other way at speed would have crashed into me if I hadn't been pulled off the road. I had pulled in to check the address when a truck came flying past, taking up all of the narrow road at speed. There is no way the driver would have been able to stop had they come around the corner immediately in front of me. The other two drivers came hurtling past as I had turned in to turn around and come back down the hill. They were also driving at speed and taking up most of the road. Coming back down I passed another car coming up and estimate that the safe speed to pass another car was about 30-35 kms.p.h. So, now we're thinking, do we go to the function or not.? Feels a bit like we're taking our life in our hands going up there. Drivers appear to be overconfident, and they are courting serious injury.
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