SumExtra is a 'top up' cover that makes your AMP Home Plan - Maxi cover home insurance go further. It provides extra financial help if the cost of repairs or replacement for your house are ever more than your Sum Insured.
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General Insurance
Wise words which apply to many things in life. The few dollars saved from buying a cheaper product are soon forgotten when the product is found to be defective, not deliver what you thought it would or need replacing after a fairly short period of time.
When you drive, you’re constantly checking your surroundings. You’re keeping an eye on other motorists around you, and making a mental note of who’s speeding up, slowing down or turning.
You rely on other motorists to do the same thing – but accidents still happen.
If someone else makes a mistake and causes an accident – are you also relying on them to have insurance?
Are your carpets considered to be part of your house contents or part of the house? Could be either as it turns out so it pays to read and understand your insurance policy wording.
With a large increase in motorists during public holidays, we'd like to take this opportunity to encourage you to be extra careful on the roads.
Each year our insurers see an increase in claims for collisions over public holidays. In fact, over the last five years claims over the Easter holiday period have spiked by around 10% compared to the weekly average for the rest of the year. Last year was particularly bad with Easter collision claims about 19% higher than the weekly average.
Figures on how New Zealanders spend their insurance dollars show we value our belongings more than we do ourselves.
Research undertaken by EY reveals New Zealanders spent 5.5 times more on non-life insurance premiums in 2011, than we did on life insurance premiums.
Contents insurance covers more than just TVs, mobile phones and jewellery -- as a new list of curious claims released by AA Insurance proves.
In the last few years, it's paid out for a damaged jade cabbage sculpture, a stolen horse massager and a foldable electric skateboard
Ever wondered if students really need contents insurance for a couple of boxes of clothes and a laptop?
A recent article in The New Zealand Herald reported the Insurance Council saying last year was one of the most expensive years for storm damage, with more than $174 million of insured costs arising from weather-related events.
If you own a residential rental property, then the answer is definitely ‘yes’.
With the change from ‘area replacement’ to ‘sum insured’ cover for house insurance, many people are struggling to determine an appropriate amount of insurance to have in place on their home. So, is the default amount specified by the insurance company enough?