Market value house insurance
With Market value house cover, if your house is damaged or destroyed we will either repair the damage or pay you its market value (excluding land) at the time of the damage. We will pay the lesser of the market value of your house, or the limit you choose as the sum insured.
What is covered?
- If you damage someone else's property (up to $1 million)
- Earthquake top-up cover
- Cover for demolition costs
- No excess for glass or sanitary fixtures
Pay only one excess
If you have both your house and your contents insured with AMI, and both are damaged due to the same event (eg. if there's a fire) you will only have to pay one excess.
Generous premium discount if...
You choose a high excessWith AMI's house insurance policies you can choose from a range of excess options. Quite simply, the greater your excess, the lower your premiums.
Just ask and we'll show you how much you could save.
Please note that certain conditions apply to the policy features listed above. Full details are set out in our policy documents. Some acceptance criteria may apply. Download the Market value house policy document or call us on 0800 100 200 for more information.
For more information