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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