From 1 October 2022, the amount of cover offered by Toka Tū Ake EQC (EQC) for houses damaged in natural disasters is increasing from $150,000 to $300,000 (plus GST). This means that if your house is damaged in an earthquake, tsunami, volcanic eruption, hydrothermal activity or landslide EQC will now cover up to the first $300,000 worth of damage.