Napier flood insurance bill tops $70 million
23 Dec, 2020 02:20 AM
3 minutes to read A house in Lucknow Tce after a slip crashed down from a property in Havelock Rd, Hospital Hill, among the damage in a storm now costing insurers over $70 million. Photo / File
Hawkes Bay Today
The Napier flood has cost insurers $72 million. Insurance Council figures released to Hawke s Bay Today show the November 9 storm, which dumped more than 200mm of rain in 12 hours, is the fourth most costly natural disaster since the Kaikoura earthquake in 2016, calculated to have cost $2.27 billion.
A preliminary report prepared for Napier City Council meetings earlier this month, revealed it had been the wettest day in Napier in 57 years, and the second-wettest in the history of written records.