I recently finished a trial in the High Court at Christchurch against Southern Response Earthquake Services Ltd where the Court is to decide the liability of Southern Response for a contingency (10%),  margin (10%) and professional fees (10%) in the calculation of the hypothetical costs to rebuild a house  were  the property is damaged beyond economic repair and the insured has elected to buy another house under the relevant insurance policy.  Hopefully the decision of Justice MacKenzie will be favourable to the insured.