It’s a well-known fact that insurance premiums have gone up.

Over the past 2 years, New Zealand, and Gisborne in particular, has been hit with severe and frequent weather bombs. In addition, rising inflation has pushed building and construction costs through the roof. With the everyday cost of living putting the squeeze on Kiwi pockets, it’s no surprise that many shop around for a better…

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Is your home under-insured?

Most New Zealand insurance providers no longer offer unlimited replacement on your Home Insurance policy. The responsibility for setting the sum insured (cost to rebuild the home excluding land) sits with the homeowner. It’s important to check regularly (at least annually) that your sum insured is up to date to ensure your home is adequately…

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FENZ Levy Increases

The FENZ levy rate will increase by 12.8% from 1 July 2024. The reason for this increase is to address a funding shortfall at FENZ. Levy is payable on all contracts of insurance that include the risk of fire where assets in New Zealand are covered. For contracts commencing on or after 1 July 2024,…

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