85% of New Zealand homeowners are underinsured by about 30%.
Home Insurance in New Zealand has changed. Not everything is covered, and you need to work out
how much cover you want for your home.
As Climate Change tightens its grip, increased seismicity is confirmed; and risk awareness grows at
insurer level, more and more New Zealand homes are becoming too expensive to insure, or simply
can’t secure insurance cover at all.
A home that may attract insurance cover today, may be too expensive to insure in a couple of years’
The ‘She’ll be right’ era is over, and homeowners now take responsibility for the risk and insurability of their homes.
Although insurance policies in New Zealand remain some of the best in the world for broad
coverage, this can no longer be taken for granted as re-insurers take a closer look at New Zealand’s
To protect your financial wellbeing and your greatest assets, it’s now high time to make sure due
diligence on a residential property purchase takes in a lot more that a title search, a check on the
local school and amenities in the area.