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 insured.
Emerre & Hathway Insurance Brokers have access to an online rebuilding calculator. If you would like to obtain a professional valuation carried out by a registered Quantity Surveyor, we’ve partnered up with Construction Cost Consultants.