AMI Home & Contents Insurance

[AMI car insurancebs_lead]Home and contents insurance can act as a safety net, when your home is damaged or your belongings are lost, stolen or damaged. However, there is no one-size-fits all when it comes to polices – here’s Canstar’s guide to AMI’s home and contents insurance offerings.

What’s on offer with AMI home and contents insurance?

With AMI, you can purchase home and contents insurance as a package – under the “House Insurance” tab – or, purchase contents insurance alone. AMI offers multiple levels of cover for both home and contents insurance, and contents insurance. 

Canstar compares home and contents insurance, to help you find the right policy for you. Click below to see our comparison table, comparing everything from value for money to quality of service. 

Compare Home & Contents Insurance with Canstar

What’s on offer with AMI home and contents insurance?

AMI offers two levels of home and contents insurance, as well as a separate policy for landlords.

Premier house is essentially AMI’s replacement policy where, under certain conditions, you are covered for the cost of rebuilding your home and replacements of damaged, lost or stolen items. You will be covered up to a maximum amount, which is tailored to you and your house with AMI’s Sum Insured feature. Sum Insured calculates how much it would cost to rebuild your house, including all demolition, materials and labour costs. This policy also includes cover for recreational features of up to $40,000, key and lock cover of up to $1000, temporary accommodation of up to $20,000 for one-year, natural disaster cover and damage caused to other properties. 

Whereas, AMI’s market value home and contents insurance will pay you the current value of your house and contents. You’ll also be eligible for the temporary accommodation feature, as well as cover to fix hidden gradual damage and damage done to someone else’s property, by your property. More cover is available upon request, but at an extra cost. 

What’s on offer with AMI contents insurance?
There are three levels of content insurance with AMI – Advanced Contents, Premier Contents and Renters Insurance.

Renters Insurance is the lowest level of contents cover, protecting against the cost of up to $10,000 worth of items. You may be eligible for a student discount if you take out Young Drivers insurance with AMI.

Premiers Contents is AMI’s medium level of contents insurance, covering you for the cost of repairing or replacing major household items under ten years old, and most furnishings under five years old. 

AMI’s Advanced Contents is AMI’s highest level of contents insurance. With its ‘new for old’ concept, most of your items will be repaired or replaced, regardless of how old they are. You’ll receive a 10% discount if you live in an apartment.

About AMI Insurance

AMI first began operations in Christchurch in 1926, where it was established as the South Island Motor Union. AMI has since become a part of New Zealand’s largest insurance group – AIG – and provides insurance policies to more than 500,000 nationwide. House and contents insurance is one of its main offerings. 

Written by: Olivia Fairhurst | Last updated: July 25, 2019

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