Why choose ASB Home Insurance?
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If your home is damaged by accident, a major weather event, natural hazard or fire, we'll pay for costs of repairs - or even a total rebuild, if needed.
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Easily claim, change, or review your policy online, anytime. You can manage your insurance right alongside your money.
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We'll sort temporary accommodation up to $30,000 if you can't stay at home due to loss or damage covered under your policy or by the Natural Hazards Commission.
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Choose to add optional extras like excess-free glass and bathroom fixtures cover, so little mishaps don't become big headaches.
Quotes you can bank on.
Use our quote tool on the ASB Mobile Banking app or FastNet Classic internet banking to get the right level of cover for you. The Cordell Sum Sure calculator helps estimate your rebuild cost using industry data, so you can choose the amount of cover that suits your needs.
It's easy and you can do it in your slippers.
Prefer a chat?
Call us on 0800 200 252 and we'll help you find the right cover.
How much should you insure your house for?
Your 'sum insured' is the value you insure your house for i.e. the most we'll pay to repair or rebuild your home. If your home is damaged or destroyed, we'll pay to repair or rebuild up to your sum insured (minus any excess). So, check your rebuild costs regularly - think fences, driveways, demolition, debris removal, compliance and consent costs, professional fees, and GST.
How to work out your sum insured.
Use the Cordell Sum Sure calculator.
Get a valuation from a registered property valuer or quantity surveyor.
Why choosing the right sum insured matters.
Your sum insured affects your basis of settlement - which is what we pay if you need to claim. Here's how it works:
If your home is damaged or destroyed by fire or an explosion and...
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...your sum insured is equal to or higher than the Cordell estimate*.
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You'll be eligible for Replacement Cover.
If you choose Replacement Cover, we'll repair or rebuild your home to the same floor area - even if it costs more than your home sum insured (minus any excess). For any special features, we'll pay up to their sum insured amount, minus any excess.
*Only applies if the sum insured is less than $1.5m including GST.
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...your sum insured is less than the Cordell estimate.
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You'll get Sum Insured Replacement Cover.
We'll pay up to your sum insured amount, minus any excess.
For all other damage (like flood, storm, or accidental damage), you'll get Sum Insured Replacement Cover. We'll pay to repair or rebuild your home up to your sum insured, minus any excess.
Limits still apply to certain items. Refer to the ASB Home Insurance policy wording for the full details as well as exclusions and other terms. Got questions? Call us on 0800 200 252 to find out more about Replacement Cover and how to qualify.
What's covered?
Here's a summary of what an ASB Home Insurance policy covers.
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Sudden and accidental damage or loss
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Legal liability for damage or injury to another person or property
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Home's electronic equipment
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Hidden gradual damage
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Landscaping (garden or lawn)
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Methamphetamine contamination
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Natural hazard damage (including fire, flood, storm, and earthquake damage)
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New structures being built
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Demolition costs and debris removal
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Replacement of keys and locks
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Payment for stress caused by loss
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Sustainable upgrades to your home
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Temporary accommodation
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Water or sewage pipe blockage
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Retaining walls
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Up to $50,000
(Unless noted as a special feature)
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Permanently fixed swimming pool (including necessary equipment)
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Up to $50,000
(Unless noted as a special feature)
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Bridge, culvert, permanent ford, or dam
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Up to $15,000
(Unless noted as a special feature) |
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Additional costs for heritage homes
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Optional benefit available to purchase
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Excess-free glass and bathroom fixtures
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Optional benefit available to purchase
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Lifestyle block fencing
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Optional benefit available to purchase
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Matching floor coverings
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Optional benefit available to purchase
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For all the details, limits, and exclusions, check the policy wording.
Got a rental? We've got you covered.
ASB Landlord's Home and Contents Insurance helps cover damage to your property and the contents you leave for tenants to use - so you can rent with confidence.
Need to make a claim?
How to claim:
Check out our tips and things to have handy to make your claim as smooth and speedy as possible.
Ready to make a claim?
Submit it online or call us on 0800 200 242 to get the ball rolling.
All your insurance, all in one place.
With ASB, you can protect your home, your stuff, and your family - all in one place. Our experts are here to help find cover that’s just right for you.
The availability of insurance cover is subject to your application being approved. Terms, conditions and exclusions apply. For full details, refer to the Policy Wording which is available from ASB Bank Limited. ASB General Insurance is arranged by ASB Bank Limited and underwritten and administered by IAG New Zealand Ltd. See details about IAG's financial strength rating.