Wellington apartment body corps face huge insurance premium hikes
Finding insurance for Wellington apartment buildings is proving difficult in the new risk-averse insurance world.
Gill South
Mon, 13 May 2019
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Skyrocketing insurance premiums in Wellington have left apartment body corporates reeling and insurers refusing to cover more than half of the risk.
Some buildings have been left with partial coverage and some with only indemnity risk coverage.
The chairs of body corporates are being given
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Gill South
Mon, 13 May 2019
Contact the Writer: gill@nbr.co.nz
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Wellington apartment body corps face huge insurance premium hikes
Property,
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