Insureds are still getting the run around from EQC and insurers in relation to resolution of insurance claims. It is essential that insureds get proper advice before settling any insurance claims. Once you have settled that is the end of the claim. Insureds with reinstatement/replacement policies that cash settle cannnot later claim against the insurer if rebuild costs are later greater than the cash settlement.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz