Alliance for Insurance Reform says survey finds cost of liability cover still rising

Lobby group warns SMEs can't afford higher premiums

Almost three quarters of businesses and community and sports groups have reported their liability insurance has risen in the past two years, a survey by the Alliance for Insurance Reform said.

Almost three quarters of businesses and community and sports groups have reported their liability insurance has risen in the past two years, a survey by the Alliance for Insurance Reform said.

The study, which received responses from 775 small and medium businesses, sports, community and voluntary groups also found that 67% of policyholders have seen added exclusions, increased excesses or both in recent years. "This essentially means people are now paying more and getting less," the Alliance for Insurance Reform said.