The former insurance manager, who specialised in post-quake disaster recovery, says insurance in New Zealand is changing rapidly and too many homeowners are not aware. Frank - Changing South Former insurance manager Melissa Heath says homeowners need to be prepared for fast rising insurance premiums. Some insurance companies had since begun pricing for seismic risk, and were set to begin analysing flood risk and the effects of climate change. "There's also the Fair Insurance Code, which all insurers sign up to and has an external resolution system." * Frank Film – Changing South is funded by NZ on Air to produce South Island stories.

Source: Stuff May 19, 2019 18:56 UTC