A recent article in the Press on 3 December 2012 stated that the insurance company, IAG would payout a rebuild cost to owners of earthquake hit houses in the Port Hills red zone that have received notices under s124 of the Building Act 2004. I am aware that Southern Response Earthquake Services is adopting a similar attitude. This is a positive development for homeowners in the fight against insurance companies. It remains to be seen what the attitude will be of other insurance companies.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz
