Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

Earthquake Commission Levy changes

Effective 1 November 2017, the NZ Government are increasing the Earthquake Commission Levy which will affect what New Zealanders pay for their insurance policies – a portion of your premium is set aside for taxes and levies such as GST, Fire Service and Earthquake Commission levies.

What does this mean?

This levy increase will assist in rebuilding the Natural Disaster Fund which has been depleted as EQC settles its liabilities including the Canterbury and Kaikoura earthquakes

This is an industry wide change, applying to all insurance companies and policies in New Zealand

It also ensures that EQC cover continues to support New Zealand and provide first loss cover for personal property, homes and land

The increase in your insurance premium will depend on the type and number of policies you hold

Home and Contents (including Landlord)

Frequently asked questions

You’ll find answers for many of your questions here. If you have a more specific question or want more detail, please contact us.