Insurers Will Waive Terrorism Exclusions, Cover Christchurch Damage Claims

 Tuesday, March 19, 2019

 Stuff

Insurers are waiving the terrorism exclusions in their house, car, contents and commercial building policies for damage caused in the Christchurch shootings. AA Insurance says it will also review whether to remove the terrorism exclusion clauses from its policies. AA insurance’s policies, like those of rivals State, Vero, Tower and AMI, contain clauses which allow it to decline any claim for damage to property caused in acts of terrorism. But chief executive Chris Curtin said in light of the events in Christchurch on Friday the company would review its policy exclusions. Curtin said AA Insurance would accept claims for damage caused by the Christchurch shootings.
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