The cost of Cyclone Debbie

flooded house
As the state continues to recover from ex-Tropical Cyclone Debbie, the real cost of the Cyclone may never truly be known.

The cyclone which crossed the coast on 28th March 2017 as a category 4 system, caused subsequent flooding in communities from the Whitsundays to New South Wales and then across to New Zealand. Over 72,000 Queenslanders requested assistance. Cyclone Debbie caused the closure of many schools and business in the lead up and once the Cyclone had passed many of the affected areas had further closures as a result of Public Utilities. 

As of the 28th June, insurers had received more than 58,000 claims stretching from North Queensland to Northern New South Wales, with a value of $988 million – this figure is continuing to rise. More than 80 per cent of claims were for damage to homes or home contents. 

More Coverage 
When comparing Cyclone Debbie to Cyclone Yasi and the Brisbane Floods in 2011, Queenslanders now have a wider range in insurance coverage options available, in particular Flood cover.

Majority of Home and Contents insurers have now included flood as an automatic coverage benefit to help prevent the level of devastation caused in the past.  

Are you sure you are covered?

Not all Business insurance policies provide flood automatically and can be added subject to acceptance by the Insurers. Click here to check you are covered for flood.

 

 

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