EQC not paying out on “over cap” claims

The graph shows EQC payouts (blue) on claims since the September and February Canterbury earthquakes.  Contrast the red line which shows the amount EQC would have paid out had “over cap” claims been settled after inspection. While EQC has almost finished inspecting all “over cap” claims, very few of those claims have actually been settled. This data comes from EQC’s own published figures.

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