4 Apr 2024

Surge in household insurance 'unusual' says Insurance Council

From Morning Report, 8:20 am on 4 April 2024

The head of the Insurance Council has described the surge in household insurance premiums as "unusual".

RNZ has revealed that household premiums have jumped by more than 30 percent in a year in some parts of New Zealand.

Some companies appear to have withdrawn online quotes for entire regions.

Insurance Council chief executive Tim Grafton spoke to Ingrid Hipkiss.