Insurance
Multi-unit insurance cover: The lowdown
Landlords are being warned about insurance pitfalls when they buy in multi-unit buildings without body corporates.
More...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…
More...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.
More...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.
More...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.
More...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.
More...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...
Getting landlord cover right
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. More...
Meth cover demystified
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. More...
Insurance pain for landlords ahead
Landlords – be prepared: insurance costs for some buildings could rise by more than 50% in the months ahead, insurance brokers are warning, More...
Reforming the EQC
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. More...
Millions being paid for meth claims
Meth contamination claims continue to flood into New Zealand’s biggest insurer - despite growing awareness of the hysteria surrounding the issue. More...
Is your property underinsured?
Landlords should check the insurance on their rental properties as a new report estimates that most residential properties are likely to be underinsured. More...
New fire levy rates announced
Rates for controversial new fire and emergency levies that will impact on property insurance policy holders have been announced by the government. More...
New fire regs costly, complex for investors
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. More...