State 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 State’s home and contents cover.
What’s on offer from State?
State offers two home insurance policies, along with two different contents insurance policies. You can also combine home with contents insurance and save up to 15% with their multi-policy discount. An insurance option for landlords is also available.
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.
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What’s covered by State’s home insurance?
State offers two home insurance policies, Comprehensive and Essentials:
Home Comprehensive
State’s comprehensive policy is their premium home insurance policy, protecting your most valuable asset. This policy covers:
- Accidental loss or damage, up to the Home Sum Insured amount specified on your policy
- Temporary accommodation (up to $20,000)
- $250 excess for glass breakage
- Hidden gradual damage from leaking internal plumbing, or similar (up to $2500)
- Replacement keys and locks (up to $500)
- Legal liability cover of up to $1 million
- Restoration of your garden or lawn
Home Essentials
State’s Essentials policy is their most affordable home insurance policy and insures the basics of your home. This policy covers:
- Your home for its present value, for loss or damage caused by a range of events, including fire, earthquake, storm or flood, landslip, theft from forced entry, vandalism and the impact of a vehicle
- Legal liability cover of up to $1 million
What’s covered by State’s contents insurance?
As with its home insurance, State offers two contents insurance policies, Comprehensive and Essentials:
Contents Comprehensive
State’s comprehensive policy is their premium contents insurance policy. This policy covers:
- Accidental loss or damage, both in and out of home
- Repair or replacement cover for most items
- Temporary accommodation costs (up to $20,000)
- Contents while in storage or transit
- Hidden gradual damage (up to $2500)
- Legal liability cover of up to $1 million
- Home office contents (up to $7500)
Contents Essentials
State’s Essentials policy is their most affordable contents insurance policy. This policy covers:
- Belongings in their current condition
- Sudden loss due to specified events
- Legal liability cover of up to $1 million
- Intentional damage to your belongings by a resident
Landlord’s home and contents comprehensive cover
State also offers a combined landlord’s home and contents insurance option, protecting your investment property. This policy includes:
- Repairing or rebuilding to as close as possible to new in the event of sudden and accidental loss or damage
- Contents cover of $10,000
- Loss of rent if your property is damaged (up to 52 weeks rent)
- Loss of rent if your have to evict tenants (up to 12 weeks rent)
- Loss of rent if tenants vacate without notice (up to 6 weeks rent)
- Intentional theft or damage by tenants (up to $25,000)
- Legal liability cover of up to $1 million
About State
State insurance has been in business in NZ for over 100 years, and at one point was government owned. Since its sale in 2011, it’s been a division of IAG New Zealand Limited, which in turn is a subsidiary of Insurance Australia Group. Currently State manages around 900,000 policies for over 400,000 Kiwis.
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 State Insurance website.
