AMP Home & Contents Insurance

Home and contents insurance provides a safety net that helps alleviate the financial and emotional stress associated with the loss of valuable assets. Canstar reviews AMP home and contents cover.

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

Unlike some other insurance providers, AMP doesn’t offer its home insurance and contents insurance separately. Instead, it bundles them together, with two levels of cover:

  • Everyday
  • Everyday Plus

Click below to see how AMP’s home and contents insurance compares to other providers’ offerings.

Compare Home & Contents Insurance with Canstar

What’s on offer with AMP’s Everday home and contents insurance?

Cover for basic theft, temporary accommodation and major events, such as an earthquake, storm, fire or flood. It includes:

Home

  • Up to $2 million legal liability
  • Temporary accommodation, up to 10% sum insured for 12 months
  • Removal of debris
  • Fencing, up to 2km
  • Retaining walls, up to $50,000
  • Driveways, up to 50m
  • Environmental improvements up to $2500

Contents

  • Contents in storage/transit
  • Food/medicine spoilage, up to $500
  • Jewellery, up to $4000
  • Art, to $50,000
  • Visitor’s contents, up to $500
  • Home office equipment, up to $10,000
  • Identity theft cover, up to $1000
  • Fatal injury cover, up to $5000

Sum Extra Care (see below) and accidental damage cover are optional extras.

What’s on offer with AMP’s Everday Plus home and contents insurance?

Cover for accidental damage, theft, temporary accommodation and major events, such as an earthquake, storm, fire or flood. It includes:

Home

  • SumExtra: provides full replacement cost of home in event of damage or destruction by non-natural disaster, and 10% extra on top of sum insured for natural disaster
  • Accidental damage cover
  • Gradual damage cover, up to $5000
  • Up to $2 million legal liability
  • Temporary accommodation, up to 10% sum insured for 12 months
  • Removal of debris
  • Fencing, up to 2km
  • Retaining walls, up to $75,000
  • Driveways, up to 100m
  • Environmental improvements up to $3500
  • Plants and gardens, up to $1000

Contents

  • Contents in storage/transit
  • Food/medicine spoilage, up to $1000
  • Jewellery, up to $10,000
  • Art, to $80,000
  • Visitor’s contents, up to $1000
  • Home office equipment, up to $15,000
  • Identity theft cover, up to $1500
  • Fatal injury cover, up to $5000

About AMP

AMP is a locally operated company offering KiwiSaver, investments and a range of insurance products. AMP home and contents insurance is issued and underwritten by Vero Insurance NZ.

NB: This is only a summary of key benefits. Application for cover is subject to underwriting acceptance. For full details, exclusions and limitations, please refer to the AMP website.

Home & Contents Insurance

Canstar Research
Rating:
Award: Outstanding Value Home & Contents Insurance

Written by: Bruce Pitchers | Last updated: May 18, 2023