23 Apr 2018

Newer isn’t always better.

This recent High Court decision discusses the liability of insurers under policies that provide an option to purchase a new house rather than rebuilding the existing one.

While the particular wording of each policy will be important, the case d...

23 Apr 2018

In 2002, the insurer insured his house with an insurance company.

In November 2009, he discovered that a water supply pipe in the wall cavity behind the shower had burst. He turned off the mains water valve and contacted the insurer, which advised him to call a plumbe...

4 Apr 2018

Tower Insurance will start pricing premiums according to how at-risk a property is to earthquake damage, it has been revealed.

According to a report by Radio New Zealand, thousands of Tower’s customers situated in high-risk regions started paying hundreds of dollars mor...

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