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TMM - News

Insuring houses tougher post quakes

Thursday 17th of November 2016

Most insurance companies – including Vero, IAG and Tower - have stopped providing new insurance policies on properties in certain parts of the country.

The areas affected cover the top half of the South Island and the bottom half of the North Island, including Christchurch, Wellington and the Bay of Plenty.

See bigger map here

A Vero spokesperson said that, as a short-term measure, Vero has put in place a temporary embargo on new sales or policy amendments for certain areas of New Zealand, including the Bay of Plenty.

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