Hi All
Anyone know a good insurance company for building insurance in NZ? Let me know if you have found a good one for investors.
Kerwyn.You don’t know if you’ve got a good one until you have to claim.
You can use a broker however, some companies such as AMI do not use brokers and tend to be a little cheaper. They also have limited cover for loss of rents and maliscious damage by tenants.
There only seems to be about 4 major insurance companies underwriting the cover in NZ these days so has become less competitive.
If you go into AMI’s website or even State Insurance or NZI you can usually get an online quote.
Hope this helps. BTW, I use a broker.
Cheers
JeffHi Kerwyn
you can try the insurance quote offered by your financier as one possibility.the other is to use an insurance broker such as the one I use: Wanganui Insurance Brokers – they generally use VeroInsurance which has a landlord component.
just a couple more options to play with.
Cheers
CastleDreamer
NZ Investor and Property SpotterHi guys
i’ve recently switched a lot of my properties over to ANZ’s insurance, there rates are well below what i’m paying with Vero and State (who i’ve used in the past).
regards westan
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Thanks for the answers everyone I got a good deal through ANZ although it was not with them. Their computers were down so they got another company to call me, they even faxed all my polices to my Solicitor in Invercargill.
KerwynI am also using ANZ. Their prices seem good. They use TOWER insurance.
Regards,
OziAs a Kiwi in Auckland I have used both State Ins. and NZI with no problems with either. State is probably a little cheaper
Cheers
TakeAction
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