EQC completes settlement of Dunedin landslip claims

EQC completes settlement of Dunedin landslip claims | Insurance Business

EQC completes settlement of Dunedin landslip claims

The Earthquake Commission (EQC) has announced it has settled the Dunedin landslip claims that were lodged by homeowners in St Clair.

The team from EQC met with the homeowners on March 12 to discuss the settlements, EQC head of response and recovery Roby Nation said.

“We have worked closely with homeowners and the Dunedin City Council throughout this process to keep them updated on our progress and to explain how the EQC entitlements are calculated,” Nation noted. “Our team has finished all of the assessments, valuations and scope of works for each individual property and the settlements have now been made.”

EQC said it had cash settled the claims but did not disclose how much it paid to customers. It noted each homeowner is now responsible for arranging the necessary remediation work to their property. All engineering reports and data were provided to local residents and the council so they could make informed decisions around options for repairing or securing the land, the commission said.

Read more: Landslip-affected St Clair homes still ‘dangerous’

“Even though EQC’s work is finished, it is important that we are able to provide all the information and support we can to help the homeowners move forward,” Nation added.