4 May 2022

Coast dwellers may lose insurance faster than they think - expert

From Morning Report, 7:56 am on 4 May 2022

An expert in climate change risk says those living in populated coastal areas like Wellington could lose their insurance cover in just a few years - far sooner than many owners realise.

It comes after new data shows the sea level is rising twice as fast as previously thought in some parts of Aotearoa once localised land subsidence is taken into account.

Victoria University of Wellington phd candidate Belinda Storey is expert in climate risk relating to insurance and property.

She spoke to Susie Ferguson.