PremierCare Contents Insurance
Comprehensive cover for your assets.
- Up to $1m legal liability cover
- Packaged and seniors discounts to reduce your premiums
- Suitable for students
- Sports equipment is covered
More detail
Protect your belongings
Accidents and theft happen more often than you may think so it is important to protect your belongings. Contents Insurance is designed to help compensate you financially if things you own are lost, stolen or damaged.
Get the right cover
Insuring your contents is important, but the amount of cover will vary from one person to another depending on your living situation. For example, if you’ve just left your parents’ home to move into a flat, you might only need $40,000 worth of cover. If you own a house full of furniture and belongings however, you might need cover for up to $250,000 or more. A key part of getting contents insurance is working out the value of the things you own. To help you estimate the value of your contents, you can download a table which contains examples of the value of various items.
Replacement cover
PremierCare Contents Insurance helps protect you against sudden and accidental loss such as theft or damage. Many items are covered for full replacement value regardless of their age, however there is a value limit of $3,000 on personal items such as jewellery, cameras and investment collections.
Cover limits for specified items
If you have individual items worth more than $3,000 they may be covered as ‘specified items’ on your insurance policy. To do this you’ll need to provide a current valuation to the PremierCare Team for each specified item. Works of art are covered for up to $10,000. Dinghies, canoes, windsurfers and surfboards are covered for up to $2000. You’re also covered for up to $1,000 for loss of money or credit cards.
Legal liability cover
PremierCare Contents Insurance will provide you with up to $1 million legal liability cover if you accidentally damage someone else’s belongings or property.
Earthquake cover
In the event of an earthquake, PremierCare will cover you for the difference between your Earthquake Commission (EQC) payout of $20,000 (+ GST) and the amount of your cover under PremierCare.
Additional living costs
You are covered for up to $20,000 for additional living costs if you are unable to live in your home following a loss. If your contents are a total loss, you’ll receive a $2,000 stress payment in addition to other claim payments.
Sports equipment cover
Golf clubs and bags are covered for replacement value, and other sports equipment is covered for present value – even when in use.
Frozen food cover
You can claim for perished food, and damage caused by the perished items, if your fridge or freezer suddenly breaks down or there’s a long power cut.
Sustainability upgrade
When replacing an item of whiteware that’s less than 10 years old as a result of a claim, the insurer may pay for a more energy-efficient model.
Cover for children living away from home
PremierCare Contents Insurance also covers sudden and accidental loss to items that belong to your children who are living away from home while studying.
If your child is living in accommodation other than a hostel or other accommodation run by the educational institution, not only do they get the important legal liability protection of up to $1m for damages should they damage other people’s property, but they also have cover for their own belongings of up to $500 per item and $5,000 in total. Cover does not apply to items that are lost, misplaced or stolen.
Overseas travel cover
If you are travelling to Australia or the South Pacific for three weeks or less, your personal effects are automatically covered for up to $5,000.
Gradual damage
You’re covered for gradual damage to your contents caused by hidden rot, hidden mildew or hidden gradual deterioration caused by water leaking from an internal tank, internal water pipe or internal waste disposal pipe installed at your home, provided the damage occurred and was discovered while you were personally living in this home.
Choose your excess
Standard excess of $250 applies to claims, which means you’ll pay the first $250 of the claim. You can significantly reduce your premiums by choosing to have a higher excess.
Multi-policy discounts
If you have PremierCare Contents Insurance plus one other type of PremierCare general insurance, you may be entitled to a package discount. For example, if you have PremierCare Contents, and Home, or Motor Vehicle Insurance, you’ll save 10%. Having a burglar alarm in your home could also earn you a discount.
Earn Fly Buys1 points
You can collect Fly Buys1 points based on the premium you pay. Premiums can be paid fortnightly, monthly or annually.
Special benefit if you’re 55 or older
If you’re aged 55 or older, you are covered for claims for spectacles, dentures or hearing aids in each period of insurance without any impact on your no claims discount or deduction for excess or depreciation.
Did you know?
SelectaDNA Forensic Property Marking kits are now available at all BNZ Stores. They're the first of their kind in New Zealand, and use DNA technology to help deter crime and identify your property. Find out more.
