Toka Tū Ake EQC increases payout cap
Homeowners will notice levy changes from 1 October when the new EQC payout cap comes into effect for all policyholders with residential insurance. The Government has increased Toka Tū Ake EQC’s payout cap to $300,000 (+GST), with private insurers providing over-cap cover up to the sum insured in the event of a natural disaster claim.…
