
Earthquake Commission
The Earthquake Commission (EQC) is a government organization, primarily in New Zealand, that provides insurance for residential properties against natural disaster damage, particularly earthquakes. It offers support to homeowners for repairs and rebuilding after such events. Funded by levies on property insurance, the EQC helps manage the financial risks of earthquakes, ensuring faster recovery and reducing the burden on individuals. In addition to insurance, the commission also focuses on promoting awareness and preparedness for earthquakes, helping communities understand the risks and how to protect themselves and their homes.