From first homes to bustling family homes, our house insurance has you covered.
Your home is your shelter, the place where memories are made, and probably the most valuable thing you own. With an AMP home insurance policy you can protect this most important asset against any number of events, from accidental loss or damage to natural disasters.
House insurance offers homeowners peace of mind. When you secure the right cover you can even be confident that your home is protected. A home insurance policy includes additional benefits such as temporary accommodation, legal liability, removal of debris and more. If a more significant event was to occur and your home was deemed a total loss, AMP home insurance will cover your rebuild costs up to the sum insured amount specified on your schedule. We also have the added protection of our SumExtra benefit, find more detail on that below.
When choosing home insurance cover it’s important that you secure an appropriate level of cover. As such, it’s wise to compare the options that each product offers based on your needs and situation, the optional benefits available, and, of course, the price.
Our Everyday Plus home insurance offers cover for your property against gradual and accidental damage, theft and major events (earthquake, storm, fire or flood) including to plants and gardens, and cover for legal liability and temporary alternative accommodation. And our Everyday home insurance offers cover for your property against theft and major events (earthquake, storm, fire or flood), and cover for legal liability and temporary accommodation.
Check the table below comparing our Everyday Plus and Everyday cover and see what each offers.
Up to $5,000
Up to $3,500
Up to $2,500
Up to 15% of contents Sum Insured, and no fixed limit for the disposal of damaged parts of your home
Up to 10% of contents Sum Insured, and no fixed limit for the disposal of damaged parts of your home
Up to $75,000 or possibly more if you’ve had a pre-loss valuation of your home and retaining walls (conditions apply)
Up to $50,000 or possibly more if you’ve had a pre-loss valuation of your home and retaining walls (conditions apply)
Up to 100 metres
Up to 50 metres
Up to $1,000
When you insure your home, a portion of your cover is provided by Toka Tū Ake EQC. This means in the event of a natural disaster, the EQC pays for your claim up to their maximum limit and we cover the damage claimed above that, up to your sum insured amount noted on your current policy schedule. Find out more
AMP has you covered with site cover insurance designed to cover renovation work and specifically meet your needs so you can rest easy knowing you're covered. Find out more
Getting your sum insured right is important, but knowing how much your home rebuild might cost can be tricky. Use the calculator to get a rebuild estimate for your home. Find out more
The amount that you insure your house for – known as the 'sum insured' - must reflect the cost of rebuilding your home, including associated costs like demolition, removal of debris and professional fees.
You should regularly check this insured amount, especially during times in which the cost of material and labour are rising, like what we are experiencing in New Zealand right now.
At AMP, our SumExtra benefit offers up to 10% extra cover at claim time for losses connected to EQC cover and for losses outside of EQC cover. This benefit can cover up to the rebuild costs of your home, regardless of the sum insured you have noted in your policy schedule. In order to be eligible for this benefit, you must meet the criteria.
Calculate your home rebuild costs.
What is sum insured?
If you are employed and working from home as part of your normal employment, the office equipment provided by your employer is normally insured by them. Check with them and if not, we can insure your home office equipment under our household contents insurance. Limits apply.
Yes. Natural disasters resulting from an earthquake, a natural landslip, tsunami, or fire is covered under the natural disaster benefit. Severe weather events, such as storms and floods, aren’t covered by Toka Tū Ake EQC - but don’t worry, this is covered under your home policy. Refer to your policy document for further information about this cover.
Your house insurance policy is designed to protect your home as it was when the house cover was taken out. As such it doesn’t cover you for any damage to the house relating to renovations, structural alterations or additions, even if you have a contractor doing the work for you. Before moving forward with your home renovations, get in touch with our insurance experts to ensure you've got suitable cover.
Yes, you should always ensure that your property is covered by insurance, no matter whether it is an apartment, unit or fully detached house.
But if your property is in a complex with multiple properties and owners, it will probably fall under unit title ownership, which means that the body corporate will be responsible for insuring the property (as well as maintaining the buildings and grounds). Some smaller complexes don’t necessarily require a body corporate, but these will still need to be insured under a single policy, per the Unit Titles Act.
If you’re not part of a body corporate or subject to the Unit Titles Act, you should still seek to insure your home, whether it be an apartment, unit or fully detached house.
Note that the contents within your unit or apartment will not be covered by the body corporate insurance, and it is up to you to protect your belongings with contents insurance.
Insurance (excluding travel) is underwritten by Vero Insurance New Zealand Ltd. This information is only intended as a guide. Policy limits and exclusions apply. Please refer to the policy wording for full terms and conditions.