The insurance industry is cautioning the Earthquake Commission against making its insurance cover too expensive.
In a ministerial briefing, the commission outlines the ideas it will consider this year when it reviews how it operates.
EQC will consider removing household contents from its cover, re-examine the policy rationale for land cover and look at inflation- related adjustments for caps, excesses and premiums.
The premium paid by insurance holders already rose this week from 5 cents to 15c per $100.
Insurance Council chief executive Chris Ryan says careful consideration is needed when it comes to raising premiums as that could deter people from taking out insurance.
However, he says overall, the review ideas are pragmatic.