QBE Latest Insurer to Offer Mandatory Flood Cover

  • by The Quotesonline Team

QBE has announced it will offer mandatory flood cover, they will use the Insurance Council of Australia’s National Flood Information Database (NFID) and there own data to rate the properties risk. New properties with a high flood risk will be rejected and  existing client with high risk polices will be offered renewals but at an increased premium.

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