EQC - Timeframe for settlement of under $15,000 claims
The following is from the EQC website (here).
July 2013
EQC expects to settle all single-dwelling under $15,000 claims (standard) that don't have structural damage by the end of October 2013.
This will include your claim if:
- your overall home repairs will cost less than $15,000 (+ GST)
- you don't have any structural damage integral to your building
- you don’t have any urgent repairs outstanding
- your claim or claims refer to a single dwelling rather than a body corporate managed property or multi-dwelling.
There are approximately 20,000 properties still to be settled. So far, EQC has settled approximately 20,000 dwellings with under $15,000 claims as at the end of June 2013.
