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Insurance Council spokesperson says Auckland flood claims will take years to settle

Author
Newstalk ZB,
Publish Date
Thu, 2 Feb 2023, 5:42pm
Photo / Brett Phibbs
Photo / Brett Phibbs

Insurance Council spokesperson says Auckland flood claims will take years to settle

Author
Newstalk ZB,
Publish Date
Thu, 2 Feb 2023, 5:42pm

Insurers are warning it could be years before all the Auckland flood-related claims are settled.

The Insurance Council has had to bring in extra staff to get through the 15,000 claims- and they anticipate that as a start.

Insurance Council spokesperson Christian Judge says that the floods were a massive climate event that impacted most of the North Island beyond Auckland.

Judge says that the majority of claims will be settled within a few months, but there will be a 'tail' of claims from more complex circumstances. 

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