Photo: RNZ / Nate McKinnon
A Christchurch man has ditched his home insurance after his premiums went up by more than 30 percent a year - or by $1000 - based on new risk pricing.
Tower Insurance has taken into account the risk of sea surge and landslips for the Burwood home, as well as earthquakes and flooding.
But Trevor Taylor says his home is several kilometres from the sea, and he can not understand Tower's sea surge assessment.
He has challenged that assessment, but said the insurer will not budge.
Taylor has asked to the see the evidence used to assesses his property, but Tower has refused to release specific information.
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