Tag Archives: earthquake insurance

Understanding IEP and DEE in Apartments

  What is an Initial Evaluation Procedure (IEP) or Detailed Engineering Evaluation report (DEE) and why is it so important when you buy apartments or commercial buildings? These all help you determine whether the building may be earthquake prone and will also affect your bank’s lending, your insurance cover/premiums, your tenants rights and obligations towards […]

Important Changes to House Valuations

Please ensure your house is correctly valued as insurers have changed the policies! Subsequent to the Canterbury earthquakes, insurers in New Zealand have radically changed house insurance and moved away from “full replacement” to a “sum insured”. This means that there is definitely more reasons to properly value your house to provide full protection for […]