Compulsory property insurance welcomed

Thursday 9 September 2004

Victim of Wanganui floods says some form of compulsory insurance would be a good idea

By The Landlord

An uninsured Wanganui flood victim says some form of compulsory insurance would be a good idea.

The Government's considering making household insurance mandatory after it emerged up to 60 percent of homes hit by the February floods were uninsured.

One suggestion is a surcharge on property rates.

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