Home owners are being warned their insurance claims could be declined if their local councils deem their properties to be at risk of natural hazards.

According to Land Information New Zealand, 25,614 properties have natural hazard risks flagged on their titles.

That means 25,614 properties may be at least partially uninsurable.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

LISTEN ABOVE

Home owners are being warned their insurance claims could be declined if their local councils deem their properties to be at risk of natural hazards.
According to Land Information New Zealand, 25,614 properties have natural hazard risks flagged on their titles.
That means 25,614 properties may be at least partially uninsurable.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
LISTEN ABOVE

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Jenee Tibshraeny: NZ Herald Wellington business editor on the warning for homeowners potentially impacted by natural hazards

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3afd6ffd-c6cb-49a2-9c1e-b48800823307/transcript