If you are building a house or making alterations you’ll need AMI House Construction Insurance.
House Construction Insurance provides cover for accidental damage or loss to your house while it is being built or altered.
Optional covers - added protection for a slightly higher premium
House Construction Insurance provides you with several optional covers that can be tailored to your individual needs. Here are some of them.
Cover for existing structures
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This cover protects the part of the house that is not being worked on. This is worthwhile cover if you are carrying out alterations to an existing house. |
Cover for damage to other people’s property
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Covers you if the building work you are carrying out causes damage to anyone else’s property. (This is also known as Public Liability cover.) |
Optional cover for demolition and clean up
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Repairing the damage may mean you need to demolish the damaged areas and remove the debris before rebuilding can start. This option pays for these costs. |
Cover for professional fees
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This option will pay for the services of any architect, engineer or other consultant needed for the rebuilding work. |
Cover for speedy recovery
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Sometimes it’s important not to hold up construction. If your partially built house is damaged, buy you still need to finish building on time, this option can pay for overtime labour costs, as well as express delivery or airfreight costs for materials you need to repair the damage quickly. |
Cover for loss in transit
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Cover for loss or damage to your building materials while being transported to your building site. |
Am I covered?
Who can take out House Construction Insurance?
House Construction Insurance is available to both professional builders and to home-owners wanting to build or alter their own house.
What can be covered by House Construction Insurance?
House Construction Insurance covers domestic houses intended for residential use only.
Please note that certain conditions apply to the policy features listed above. Full details are set out in our policy documents, available from any branch, or by calling 0800 100 200. Some acceptance criteria may apply.
When your house is finished
Choose from two levels of AMI House Insurance cover, each designed to give you the protection you need at a price that suits you. Contact us today for a quote.
Premier House Cover
Providing Full Replacement of your house to the same floor area
Market Value House Cover
An economical way to protect your house, based on its market value, and taking into account wear and tear
House Construction Insurance through AMI is underwritten by NZI, a business division of IAG New Zealand Limited.