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'I think it's terrible. Why are we paying twice as much?' - Vimarsana News

'I think it's terrible. Why are we paying twice as much?'

Mackay residents have disagreed with a three-year probe finding insurance companies were not ripping off North Queensland residents. The report found insurers were charging Mackay and Whitsunday homeowners premiums at twice the national average to make up for formerly “massively underpricing”. Seaforth resident Tracey Hocking speaking about the ACCC's report into insurance affordability for North Queenslanders on Friday December 8, 2020. Picture: Heidi Petith Seaforth resident Tracey Hocking said she approved of the ACCC’s suggestion for the government to subsidise North Qu...