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Real Estate & Business

5 May, 2021

Member for Whitsunday welcomes Federal Government insurance intervention

The Member for Whitsunday Amanda Camm has welcomed the Federal Government’s announcement to reduce insurance premiums in North Queensland.

“Today the Morrison Government announced their $10 billion government guarantee to drive down insurance prices for North Queensland.The reinsurance pool will cover cyclone and related flood damage from 1 July 2022," Mrs Camm said.

“This will reduce premiums by up to 50% for families, strata and small businesses.

“I have been advocating beside George Christensen for this support and intervention since being elected.

“I know this will make a great difference to the many residents who have reached out regarding their concerns with the rising cost of insurance premiums."

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