Monday, June 28th 2021

Multi-unit insurance cover: The lowdown

Landlords are being warned about insurance pitfalls when they buy in multi-unit buildings without body corporates.

Insurance FAQs for uncertain times

Friday, May 01st 2020

Insurance FAQs for uncertain times

COVID-19 is set to be with us for many months ahead, so the Insurance Council of New Zealand has answered some commonly asked questions for landlords…

Tenants need to know about insurance

Wednesday, August 07th 2019

Tenants need to know about insurance

Take note landlords – if you are worried about liability for tenant damage, the time to talk to your tenants about insurance is now.

IAG boosts premiums to reflect risks

Tuesday, April 30th 2019

IAG boosts premiums to reflect risks

New Zealand’s largest general insurer will be taking more account of risk in its premiums and that means customers in disaster-prone areas will face bigger costs.

Climate change insurance threat

Friday, November 30th 2018

Climate change insurance threat

Sceptical about climate change? If you own coastal property it would pay not to be, both the Reserve Bank and the Insurance Council are warning.

Making insurance easier

Friday, October 26th 2018

Making insurance easier

Modifying or adding to their rental property insurance has just got a lot easier for landlords – if they have a policy with Initio.

Higher meth test levels, lower premiums

Friday, July 27th 2018

Higher meth test levels, lower premiums

Introduction of higher meth testing levels, as recommended by Sir Peter Gluckman’s game-changing meth report, would lead to insurance premiums coming down, according to one insurer.

More Stories

Getting landlord cover right

Getting landlord cover right

Thursday, May 24th 2018

Meth contamination and uncertainties around tenant damage liability mean there is growing interest in stand-alone landlord insurance and more insurers are entering the market in response.
Meth cover demystified

Meth cover demystified

Monday, September 04th 2017

The new meth standards have had a clarifying effect on landlord insurance so this month NZ Property Investor magazine takes a look at the fine print.
Insurance pain for landlords ahead

Insurance pain for landlords ahead

Wednesday, August 30th 2017

Landlords – be prepared: insurance costs for some buildings could rise by more than 50% in the months ahead, insurance brokers are warning,
Reforming the EQC

Reforming the EQC

Monday, June 26th 2017

Clarification of whether homeowners can look to their insurers, rather than the Earthquake Commission (EQC), to manage natural disaster claims should be in new EQC reforms.
Millions being paid for meth claims

Millions being paid for meth claims

Friday, June 02nd 2017

Meth contamination claims continue to flood into New Zealand’s biggest insurer - despite growing awareness of the hysteria surrounding the issue.
Is your property underinsured?

Is your property underinsured?

Tuesday, May 09th 2017

Landlords should check the insurance on their rental properties as a new report estimates that most residential properties are likely to be underinsured.
New fire levy rates announced

New fire levy rates announced

Thursday, March 30th 2017

Rates for controversial new fire and emergency levies that will impact on property insurance policy holders have been announced by the government.
New fire regs costly, complex for investors

New fire regs costly, complex for investors

Thursday, March 16th 2017

The need to consult on how to apply controversial fire and emergency levies for property owners highlights the problems posed by the new regime, the Insurance Council says.
Insurer tackles meth contamination confusion

Insurer tackles meth contamination confusion

Wednesday, March 08th 2017

Uncertainty is rife when it comes to meth contamination but one insurer is working to bring clarity on the issue to its home and landlord policies.
$320,000 fine for Youi insurance

$320,000 fine for Youi insurance

Thursday, December 15th 2016

Misleading sales techniques have earned insurance firm Youi NZ Pty Limited a $320,000 fine in the Auckland District Court today.
Demand leads to new renovation cover

Demand leads to new renovation cover

Wednesday, November 23rd 2016

New insurance policy means that investors can now get cover for small but value-adding residential building projects.
Deal thaws insurance freeze

Deal thaws insurance freeze

Thursday, November 17th 2016

People in the midst of property settlements affected by the post-earthquake embargo on new insurance policies can now breathe a little easier – thanks to a deal with insurers.
Property deals on hold due to insurance freeze

Property deals on hold due to insurance freeze

Thursday, November 17th 2016

Getting insurance has just got harder for property buyers with many insurers placing an embargo on new policies in parts of New Zealand following Sunday night’s earthquakes.
Increased protection from AA Insurance change

Increased protection from AA Insurance change

Tuesday, September 13th 2016

There will be no change to premiums for landlords as a result of AA Insurance’s move to full replacement cover for non-natural disasters.
SBS FirstHome Combo 6.74
Heartland Bank - Online 6.89
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.55
SBS Bank Special 6.69
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
ASB Bank 6.75
Unity 6.79
Co-operative Bank - Owner Occ 6.79
SBS Bank Special 6.19
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
SBS Bank 6.79
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50