Choosing a Red Zone option & taking on your insurance company
Janine Starks, writing for interest.co.nz, has a piece for Red Zoners contemplating taking the government offer.
She writes that there are a number of dimensions involved that need to be investigated, including pursuing your insurance company for a rebuild and challenging any attempt to declare a Red Zone house repairable. This is going to be particularly important for those with mortgages.
Areas covered by the article include:
.
She writes that there are a number of dimensions involved that need to be investigated, including pursuing your insurance company for a rebuild and challenging any attempt to declare a Red Zone house repairable. This is going to be particularly important for those with mortgages.
Areas covered by the article include:
- Red Zone blind spots (challenging attempts to declare a house as repairable)
- Should damaged land trigger a full replacement claim?
- Fighting for replacement value
- Mortgage repayment holiday
.