The EQCover excess is a percentage based on your settlement or payment amount you receive for your EQCover claim:
- Dwelling claim – 1% of the payment up to cap, with a minimum of $200.00 and a maximum excess of $3,450 (incl GST).;
- Land claim – 10% of the land settlement amount with a minimum of $500.00 and a maximum of $5,000.00;
For more information, please visit the EQC website.