New Zealand home insurance doubles EQCover amid rising hazards

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Reinsurance News - Nov 16, 2023

In a significant move to bolster home insurance against natural disasters, New Zealand’s Earthquake Commission (EQC) has successfully implemented a law change doubling EQCover for homes in 2022. The amendment saw the EQC building cover surge from $150,000 to $300,000 (+ GST), providing homeown...

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