"It just keeps going up and up. It's exorbitant actually," she said.
Yearly building insurance price hikes have pushed up her body corporate fees, in a unit complex where many of the residents are pensioners or self-funded retirees.
Ms S…
ACCC finds northern Australian insurance costs soaring, recommends industry regulation
ACCC finds northern Australian insurance costs soaring, recommends industry regulation
By Jane Bardon
Sue Shearer says the cost of insuring her Darwin home has steadily risen for years.(ABC News: Jane Bardon)
Like many northern Australians, Sue Shearer has watched the cost of her home and contents insurance soar with dismay.
Key points:
An ACCC inquiry has found more and more people in northern Australia are going without insurance
The watchdog says average home insurance premiums in the region rose by 178 per cent over a decade
Its report has recommended a series of regulations to make the industry more consumer friendly
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