NZI Home & Contents Insurance

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

NZI offers separate home and contents policies. Both types of insurance are available at four different levels of cover, at different price points:

• Distinction
• Echelon
• Essence
• Houseowners

Canstar compares home and contents insurance, to help you find the right policy for you. Click below to see our comparison table, which features qualities including customer service and value for money.

Compare Home & Contents Insurance with Canstar

What’s on offer with NZI’s home insurance?

Distinction

Distinction home insurance is NZI’s premium insurance policy. While it is the most expensive option, it offers peace of mind in knowing that your home has the highest level of protection. This policy includes:

• Complete home repair or replacement if your home is damaged in an event (excluding natural disasters)
• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Zero excess for glass breakage (e.g. windows, doors or screens)
• Lifestyle block fencing is covered up to $10,000 in the event of a sudden and accidental loss
• Up to $25,000 to upgrade a new build with sustainable products
• In the event of a damaged bathroom suite item, kitchen suite item or carpet, extra costs may be covered to replace undamaged parts of that suite or carpet if a matching replacement can’t be found.

Echelon

Echelon home insurance is NZI’s most popular home insurance policy. It will give you the confidence to know you’re covered up to a maximum specified amount should something happen to your home. This policy includes:

• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Up to $3000 per year for hidden gradual damage
• Replacement of locks and keys if they are damaged, lost, stolen or duplicated without your consent
• Up to $2500 to restore or reconstruct the garden or lawn  within the residential boundaries
• Up to 12 months payment for lost rent in the event of a loss or contamination damage to the home (including methamphetamine contamination)
• Legal liability cover for accidental loss to another’s property or bodily injury to anyone else (caused by or through your ownership of the home or landlord’s contents)

Optional benefits

You may choose to purchase the following optional benefit:

• Landlord’s protection. Covers sudden and accidental loss of the landlord’s contents and loss of rent

Essence

Essence home insurance is NZI’s most affordable home insurance policy. It offers protection up to a maximum specified amount for your home. This policy includes:

• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Up to $5000 in the event of sudden and accidental damage to the landlord’s home fixtures or fittings
• Up to 12 months payment for lost rent in the event of a loss or contamination damage to the home (including methamphetamine contamination)
• Up to $10,000 in the event of sudden and accidental damage to any new structure being built within the specified home area
• Cover for financial loss after you have entered into a contract to sell the home

Houseowners

Provides cover for certain specified events and offers both replacement value and present value options for your house, up to a specified amount. This policy includes:

• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Cover for sudden and accidental burning out of any mechanical or electrical equipment at the home
• Cover for sudden and accidental loss of glass due to damage  (windows, doors or screens)
• Up to 12 months payment for lost rent in the event of a loss or contamination damage to the home (including methamphetamine contamination)
• Cover for financial loss after you have entered into a contract to sell the home

What’s on offer with NZI’s contents insurance?

Distinction

Distinction contents insurance is NZI’s premium contents insurance policy. It offers high levels of cover for your valuables like jewellery, art and collectibles. This policy includes:

• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Paid accommodation and care for your pets (up to $1000) if you are in hospital for more than 48 hours
• Automatic cover when you move to a new residence
• Cover for children living away from home, up to $20,000
• Cover for contents in storage and/or transit
• Payment of irrecoverable funds if your credit card has been stolen or used fraudulently
• Cover for hidden gradual damage

Echelon

Echelon contents insurance covers repairs or replacements for most contents. This policy includes:

• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Cover for contents in storage and/or transit
• Up to $10,000 for the loss of home office furniture

Essence

Essence contents insurance an affordable contents insurance option from NZI. This policy includes:

• Alternative accommodation for up to 12 months if your home becomes uninhabitable
• Replacement of locks and keys if they are damaged, lost, stolen or duplicated without your consent (up to $1000)
• Legal liability cover for accidental loss to another person’s property, and/or bodily injury to another person

Householders

Householders contents insurance is a basic level of contents insurance that provides limited cover for certain specified events. It is ideal where only limited coverage is needed. This policy includes:

• Alternative accommodation for up to six months if your home becomes uninhabitable
• $10,000 paid to your personal legal representative if your die within 90 as a direct result of injuries sustained at home during a fire, burglary or theft

About NZI

Founded in Auckland in 1859, NZI is one of the country’s oldest insurance brands. It was one of the underwriters of the Titanic. Since 2003, it has been part of IAG.

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 NZI website.