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Fire claims increase

PA Wellington Fire insurance companies paid out $62.6 million during 1977-78, according to the Govem-i ment Statistician. The record amount is a 29 per cent increase on the previous year. The average claim rose from $376 to $587. Reasons for the rise include higher values of assets at risk, and increasing costs of claims in both domestic and commercial premises, according to the Insurance Council.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19790821.2.24

Bibliographic details

Press, 21 August 1979, Page 2

Word Count
68

Fire claims increase Press, 21 August 1979, Page 2

Fire claims increase Press, 21 August 1979, Page 2