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Underinsurance of Homes in NZ

Photo / George Novak

09.05.2017 09:41 Age: 288 days
Category: Local Insurance news

We are starting to see significant increases in building costs that are leaving 85 per cent of New Zealand homeowners underinsured, an industry expert says.

Jo Mason, chief executive of insurance firm NZbrokers, says rising costs and changes to policy wording mean homeowners are uninsured by an average of 28 per cent. Click Here