Earthquake Commission EQC
Information by Research Trustfinance
The Earthquake Commission (EQC) is a New Zealand Crown entity responsible for providing natural disaster insurance, known as EQCover, for residential homes, land, and contents. Established by the Earthquake Commission Act 1993, its primary mission is to help communities recover from natural disasters such as earthquakes, landslides, volcanic eruptions, tsunamis, and hydrothermal activity. The scheme is funded by government-guaranteed funds and levies collected on home insurance policies. Beyond claims management, EQC also invests in research and education to promote resilience and reduce the impact of natural disasters in New Zealand.
New Zealand
Industry
- InsurancePRIMARY
Financial
HQ Location