insurance

Victoria: Fire Services Property Levy

From 1 July 2013, the Victorian Government will require councils throughout Victoria to collect a Fire Services Property Levy on their behalf in conjunction with their standard property rates.

Currently, insurers are required to contribute to the cost of operating the Metropolitan Fire Brigade and the Country Fire Authority. The insurance industry passes the cost of this contribution on to policy-holders through an amount in their insurance premiums, known as a fire services levy.