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I found this article on which insurers are paying and which are not. I think I will be switching to Suncorp as soon as the new policy embargo is lifted...

I called my insurance companies today to ensure all my policies were current only to find out sorry we don´t cover floods in QLD, I have just learnt from an insurance broker that the only company that covers flood in QLD is suncorp/vero. Too late now to insure with them though. Checked in...