Insurance is not guaranteed for coastal properties

​It won't always be up to councils to be the bearer of bad news to property owners affected by climate change. I learnt last week that a homeowner in an area increasingly affected by coastal hazards has been told that insurance will cover their recent damage from Cyclone Gita, and only one more event in future. Then they will be unable to make further claims.

That means anyone buying that property in future is unlikely to be able to get insurance, and will therefore be unable to gain a mortgage associated with that property.