Flood claims cost almost $45 million
Insurance customers in the Canterbury region lodged 3,538 claims costing over $43.8 million in losses following the May 29 - June 1 floods according to provisional figures released by the Insurance Council of New Zealand (ICNZ).
"The figures reflect the vast damage floods leave behind, and how important it is to have insurance to help you get back on your feet when the unexpected happens," says Tim Grafton, chief executive of ICNZ.
The provisional total includes 2,327 house and contents claims, 288 claims for motor, 842 commercial and business-related claims, and 77 crop and other claims (which can include...MORE»
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