Insurance Council of NZ has railed against the
insurance levy increases to fund Fire Emergency
Services calling the entire funding model out of
date. The government has responded, saying there
will likely be decreases in 18 months time after the
changes have bedded in. Read
More Here.
Homeowners Insurance Premiums are unfortunately
set to rise to top up the depleted natural
disaster relief fund. If you are concerned and
looking to mitigate these increases, Hood
Insurance Brokers may be able to help. Contact
us here today or phone us at (09) 489 9650.
You can read
more about the increase here.
Tens of thousands of coastal homes in NZ could become ineligible for insurance due to rising sea levels, a new report suggests. Read More
Even though the Canterbury Earthquakes were almost six years ago, lingering issues with over cap claim settlements still remain today. Read More
Top of the agenda in 2017 for the Insurance Council of NZ includes the response to the Kaikoura Earthquakes and resolving residual Canterbury issues. Read More