Properties to become ‘uninsurable’ by 2030

QUEENSLAND will become the most uninsurable state by 2030 due to rising risks of extreme weather and climate change, a Climate Council analysis has found.

The Climate Council has ranked the top 10 most at-risk electorates in the country and half of them are located in Queensland.

At a national level, one in 25 Australian properties will be effectively uninsurable by 2030. 

Hundreds of millions of data points were analysed by Climate Valuation which the Climate Council transformed into a new interactive Climate Risk Map.

Australians can plug in their suburb, local government area or electorate to discover their risk of fires, floods and extreme wind, based on low, medium and high emissions scenarios and different timelines (by 2030, 2050 and 2100). 

The map coincides with the launch of a new report, Uninsurable Nation, which takes a detailed look at the most at-risk electorates in Australia and calls for urgent action to reduce emissions this decade to avoid the situation deteriorating further.