Malcolm's home cover is up 47% despite rarely lodging a claim. Are Australia's insurers out of control?

Greens senator Mehreen Faruqi says the climate crisis is adding to insurance costs but that should not be used as excuse to gouge consumersGet our breaking news email, free app or daily news podcastMalcolm Chew's 10-acre property in the Hawkesbury district is so high above sea level that most of Sydney would need to be underwater before flood posed a threat.To protect against fire, the NSW home is fitted with toughened glass and a sprinkler system that goes under the eaves. There is a 120,000 litre water tank, with fire-fighting pump, that can draw water from a spring-fed creek.Sign up for Guardian Australia's breaking news email Continue reading...