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Alpine property owners slugged with massive insurance premium price hike

On today s program: Alpine businesses say insurance costs have quadrupled this year following the bushfires and many are struggling to afford it. Mt Buller businesses owner John Perks managed to clinch a deal this week just hours after become uninsured following months of searching for a policy. But it s nearly four times the cost of his normal insurance and he s worried many won t be able to afford it, particularly since many haven t earned any real income since September last year. He thinks there s a market failure and the state government needs to step in to insure properties up there. Guest/Audio: Mt Buller businesses owner John Perks

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