EQC On sold program is winding down
The EQC On sold program was established for owners of houses who purchased property Postquake™, after the 2010/2011 seismic events, that caused significant damage across the Canterbury region, in particular Christchurch.
We understand late claims are still been accepted in exceptional circumstances.
The On sold program has seen a steady rise the number of owners choosing to pursue a new insurance claim. Owners who fit into this category should seriously consider contacting Risknet. We can review the EQC scope of works and also the repairs that the previous owners stated as being completed.
We encourage buyers to call us before you sign a contract. Risknet can review the initial assessment(s) to determine what repairs have been completed. If damage remains unrepaired, the buyers face the risk of their future insurance being declined.
Remember, Geonet have made no secret about the fact that Canterbury will face another Earthquake. This event will come from the Alpine fault. The exact timing is unknown, but known nonetheless. You need to protect yourselves and assets and ensure your insurances stack up.
Risknet has completed hundreds of floor levels surveys and building inspections for clients.
Risknet is asked to review what other firms are providing in the market. The news is not good. Most reports we are asked to review fail our test. We are continually informing and educating clients about the risks, and providing our specialist knowledge to assist our clients now, and in the future.
Some background on Risknet.
The Director of Risknet, Stuart Fletcher, has been an early champion for change, having presented evidence to the offices of Government Ministers. The Earthquake Commission, and the insurance industry have also being provided with ample information. Risknet also owns the exclusive database of damaged houses sold As Is Where Is.
Knowledge is key in firstly determining what to be wary of when buying a house, and secondly how to ensure that what you are buying will indeed have sufficient insurance during a future earthquake event.
We check before you commit.
Risknet
Call today 022 6096026 for a free no obligation chat about your next property.
