Just got my new insurance bill. I'm in Christchurch.

I was expecting the bill to go up, no problem there.

What I wasn't expecting was the following,

Excesses Applicable

Claims under Cover for your house for natural disaster damage (as defined in the Earthquake Commission Act 1993) to items not covered by the Earthquake Commission $5000

My house is is under skope and for current claim shared driveway I'm recieving just over $4000.

I just rang them and asked if I was under contract offered above, would my insurance be worthless in claiming on driveway, and was told yes, as excess is higher then claim. They also told me that some insurance companies have increased the excess to $20000

I'm considering looking at other options, or is everyone in the same boat?