Latest / Early Edition with Ryan Bridge
Dean Lester: Insurance consultant reveals impact of government changes on homeowners
Homeowners will have to pay more for home insurance to help the Natural Hazards Commission.
Associate Finance Minister David Seymour says levies will almost certainly need to rise further, with Cabinet set to decide on the changes in the coming months.
Insurance consultant Dean Lester told Ryan Bridge that these changes could cost homeowners two to $300 more a year.
The government says they'll carry $2 billion worth of risk but have about $500 million in the kitty.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.