Your Rebuild Cost Professional

 


 

New Changes to Home Insurance

3 Things You Need to Know...

 

1   What’s Changing

New Zealand insurance companies are moving from the old "Full Replacement" method based on floor area, to a capped replacement cover based on the cost of rebuilding your home, called "Sum Insured".

 

2   How This Affects You

As a homeowner it is now YOUR responsibility to nominate the cost of rebuilding your home in the event of serious damage such as earthquake or fire.

 

3   How To Assess Your Rebuild Cost

You must be careful to accurately value the full construction cost including demolition, contents removal, structural costs, landscaping, insulation, professional fees and building compliance costs. Also taking into account inflation and GST.

In The News

Sum Insured Associates

Your Rebuild Cost Professional

Auckland    Wellington    Christchurch    Hamilton

A division of Sum Insured Limited

Because you deserve peace of mind.


Service available New Zealand wide.