Protect your belongings with comprehensive contents insurance. Compare policies from New Zealand's leading providers with new-for-old replacement, away-from-home cover, and senior discounts from $22/month.
Most providers offer new-for-old replacement - your items are replaced with new ones, regardless of age. Plus away-from-home cover for items you take with you. From just $22/month.
Compare New Zealand's leading contents insurance providers. All offer comprehensive cover for your belongings with competitive rates for seniors.
Contents insurance protects your personal belongings inside (and sometimes outside) your home. Here's what typical NZ contents insurance covers:
Most people significantly underestimate the value of their contents. Use this room-by-room guide to calculate the right coverage:
Sofas, TV, entertainment unit, coffee tables, lamps, artwork, electronics
Appliances, cookware, crockery, cutlery, small appliances, food storage
Bed, mattress, wardrobe, dresser, bedding, clothing, personal items
Towels, toiletries, storage units, mirrors, scales, hairdryers
Tools, lawn mower, bikes, sports equipment, storage items
Computer, desk, chair, printer, books, office supplies
You should include all personal belongings that you would need to replace if your home was destroyed. Most people underestimate their contents value by 30-50%.
Create a detailed inventory with photos and values. Store this digitally (cloud) and give a copy to family. This makes claims faster and ensures nothing is forgotten. Update it annually when you review your policy.
"New for old" (also called replacement cover) means your items are replaced with new ones of similar quality, regardless of their age or condition. This is significantly better than "indemnity" cover which deducts depreciation.
Your 5-year-old TV worth $2,000 new is stolen:
Same 5-year-old TV under indemnity policy:
Not always - it depends on the value. Most policies have automatic coverage for individual items up to a certain limit (typically $2,000-5,000), but high-value items need specific listing.
Cost Example: $10,000 diamond ring costs ~$100-200/year to specifically insure. This gives full coverage anywhere in the world, including accidental loss.
Yes, many policies include "away from home" coverage for items you take with you, but there are important limits and conditions to understand.
If you travel often with expensive items (cameras, jewelry, laptops), consider:
Here's what New Zealand seniors typically pay for contents insurance based on different household sizes and contents values:
Living situation: 2-bedroom apartment, downsized from family home
Sum insured: $40,000
Excess: $250 standard
Special items: $5,000 jewelry listed separately
Provider: AMI Insurance
$18/month = $216/year
Living situation: 3-bedroom family home, lived there 35 years
Sum insured: $80,000
Excess: $500 standard
Special items: $12,000 art collection, $3,000 musical instruments
Provider: Tower Insurance
$32/month = $384/year
Living situation: Retirement village unit, recently moved
Sum insured: $50,000
Excess: $250 standard
Special items: $2,000 camera equipment
Provider: AA Insurance (AA member)
$22/month = $264/year
Living situation: 4-bedroom home, still has kids' belongings stored
Sum insured: $100,000
Excess: $500 standard
Special items: $8,000 electronics, $4,000 power tools
Provider: State Insurance
$42/month = $504/year
Most people underestimate the value of their belongings. Use this room-by-room guide to calculate how much coverage you need:
| Item | Typical Value | Your Estimate |
|---|---|---|
| 3-seater sofa | $1,500-$3,000 | _____ |
| Armchairs (2) | $800-$2,000 | _____ |
| TV (55" smart TV) | $1,200-$2,500 | _____ |
| Coffee & side tables | $400-$1,000 | _____ |
| Bookshelf + books | $300-$800 | _____ |
| Rugs & curtains | $500-$1,500 | _____ |
| Ornaments, photos, art | $500-$2,000 | _____ |
| Living Room Total | $5,200-$12,800 | _____ |
| Item | Typical Value | Your Estimate |
|---|---|---|
| Fridge/freezer | $1,500-$3,000 | _____ |
| Dishwasher | $800-$1,500 | _____ |
| Microwave | $200-$500 | _____ |
| Small appliances | $300-$800 | _____ |
| Pots, pans, utensils | $400-$1,000 | _____ |
| Plates, glasses, cutlery | $400-$1,200 | _____ |
| Dining table & chairs | $800-$2,500 | _____ |
| Kitchen Total | $4,400-$10,500 | _____ |
| Item | Typical Value | Your Estimate |
|---|---|---|
| Bed & mattress | $1,200-$3,500 | _____ |
| Bedding & linen | $300-$800 | _____ |
| Wardrobe contents | $2,000-$8,000 | _____ |
| Dresser & bedside tables | $500-$1,500 | _____ |
| Jewelry & watches | $1,000-$10,000+ | _____ |
| Bedroom Total | $5,000-$23,800 | _____ |
| Item | Typical Value |
|---|---|
| Washing machine & dryer | $1,500-$3,000 |
| Computer & laptop | $800-$2,500 |
| Tablets & phones | $500-$2,000 |
| Vacuum cleaner | $300-$800 |
| Garden furniture | $500-$2,000 |
| BBQ | $300-$1,500 |
| Sports/hobby equipment | $500-$5,000 |
| Tools (garage/shed) | $1,000-$5,000 |
Suitable for:
Suitable for:
Suitable for:
Most people underestimate by 30-50%. To replace EVERYTHING you own would cost more than you think:
Add 20% buffer to your calculation to be safe. Better to be over-insured than under-insured.
Compare contents insurance quotes from New Zealand's leading providers. Get new-for-old replacement and away-from-home cover from $22/month.