Cash settlements on home insurance claims leaving vulnerable Australians short-changed, Asic says

Guardian World•Sun, Aug 30, 2026, 03:01 PM•2 min read

Corporate regulator finds insurers settling most claims with cash rather than by managing repairs or rebuilding, warning of ‘unfair outcomes’ for homeowners Get our breaking news email , free app or daily news podcast Home insurers are overwhelmingly paying cash to settle claims, leaving Australi...

Source: [Guardian World](https://www.theguardian.com/australia-news/2026/aug/31/cash-settlements-home-insurance-cyclone-disaster-repairs-vulnerable-australians-asic)

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