A new Canterbury earthquake tribunal will be a "circuit-breaker" for those who have struggled with insurance claims since the February 2011 quake.
The Budget earmarked $3.4 million for the establishment of a Canterbury Earthquakes Insurance Tribunal for the 2019/20 fiscal year.
Justice Minister Andrew Little said the tribunal would be a fair, flexible and cost-effective way for Canterbury homeowners to resolve their outstanding insurance claims.
"This is great news for the tired and frustrated Canterbury homeowners who are still waiting for a resolution to their insurance claims from these earthquakes," Little said.
"This tribunal will be a circuit-breaker for those disputes that have dragged on for too long and for people who deserve closure and to move on with their lives."