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Homeowners vs insurance companies: The battle to salvage after a disaster | 60 Minutes Australia

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Published on 08/15/25 / In How-to & Style

When it comes to insuring our homes and businesses, Australia is fast becoming the unlucky country. According to the Climate Council, right now 750,000 properties are considered to be at high risk of damage or destruction from natural disasters. Another million and a half face a greater than moderate danger. The numbers are extraordinary, and extraordinarily distressing for homeowners. Many are now being refused insurance, and for those who can get cover, premiums are skyrocketing, often by tens of thousands of dollars a year. But while battling Australians face heartbreak and hardship, not so the insurance companies.

*The Unlucky Country (2025)*
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