Are you one of the 84% of New Zealanders who would not have enough money to rebuild your home if it was destroyed in a fire, earthquake or other disaster?
The Treasury of New Zealand* reported recently that most Kiwis underestimate how much they need to insure their homes for – by as much as 28%.
For example, this would work out to approximately $140,000, on a $500,000 home.
Unsure or worried that your insurance might not be enough to cover the cost of repairs or a rebuild, call our team on 0800 438 238 or send us an email today.
*’Sum Insured’ cover for household insurance – what are the risks? Published 9 May 2016. Treasury Staff Insights: Rangitaki article by James Sergeant.
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