Cashflow assurances after earthquake?

ANZAC Landlord asks:
(updated on Friday, August 16th 2013)

Christchurch has had a major earthquake, Wellington has had a major earthquake and Tongariro is rattling. Auckland is not immune, what if Auckland is next? In the event that an earthquake or volcanic eruption makes it necessary for tenants to leave then what insurance do you recommend for landlords to ensure cashflow?

Our Experts Answer:

You should always check what your current building insurance covers and talk to your broker to see what you may need as an extension to the policy, if this event affected you. Each policy is different and you should always compare 'apples with apples' before making an informed decision.

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