Profiteering from Disaster: Why Planners Need to be Paying More Attention to Insurance

Insurance is overlooked in planning practice and research. Focusing on house and contents insurance in Australia’s disaster-prone areas, I describe why the impacts of insurance availability and pricing on urban form requires greater attention from planners. With increasing climate change-related risks, the growing influence of insurance and insurers is exacerbating social and financial inequity: fostering disadvantaged enclaves and protected pockets of wealth, and sustaining insurer profits. I call for the better integration of insurance within planning, particularly a more considered and careful mobilization of insurance in disaster preparation. I present four research questions for advancing planning in disaster-prone urban areas.