Over 12,000 claims lodged as extreme weather continues

As at Thursday, 3 March, the insurer reported over 12,000 claims for damage to homes, property and vehicles through NRMA Insurance, CGU Insurance and WFI.

It comes after 6,700 claims were confirmed as at Tuesday, 1 March.

“The priority right now is the safety of all the impacted communities,” IAG acting executive general manager direct claims, David Wilkes said.

“We have a dedicated major events team focused on providing immediate support for our customers, including temporary accommodation, and we have all hands on deck to make the process as quick and easy as possible.

"So please contact us as soon as you can, so we can help you with your claim and make sure you’re safe and secure."

Last week, the Insurance Council Of Australia (ICA) expanded its Insurance Catastrophe declaration - which prioritises claims from affected policyholders and triaged to direct urgent assistance to the worst-affected property owners – from Queensland to also include areas of NSW.

Since 21 February, insurers have received almost 15,000 claims from policyholders due to extreme rainfall in Queensland and NSW; a 33 per cent increase on figures calculated on 27 February.

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.