Houses located in the red zone cannot be rebuilt on their current site(s). I am still coming across insurance companies that want to settle homeowner claims by paying the insured a theoretical repair cost for the house in the red zone. The High Court is scheduled to hear a case that starts 4 March 2013 that will decide this issue. Please contact me if you want any further information.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz
