Learn about earthquake coverage for home contents insurance in New Zealand. Understand if you're protected and what additional cover you might need.
Is Earthquake Damage Covered?
In New Zealand, earthquake damage to your belongings is often NOT covered by standard contents insurance. Earthquakes are typically excluded from standard policies because of their catastrophic risk and cost.
The Earthquake Commission
For residential properties in NZ, the Earthquake Commission (EQC) provides earthquake and natural disaster cover through a government-backed scheme. EQC covers damage to insured home improvements (building), but does not cover contents.
Additional Contents Earthquake Cover
To protect your belongings in an earthquake, you need optional earthquake contents insurance through your private insurer. This covers:
- Damage to furniture from shaking and collapse
- Broken electronics and appliances
- Spilled contents (wine, oils) causing damage
- Loss due to earthquake-triggered fire or tsunami
Why Add Earthquake Cover?
New Zealand's earthquake risk is real. Major quakes can cause significant damage to belongings—shelves collapsing, glasses breaking, electronics damaged. Earthquake contents cover ensures you'll be compensated for these losses.
Cost of Earthquake Cover
Earthquake contents coverage typically adds $5-15 monthly to your premium, depending on your location and sum insured. Given NZ's seismic activity, many Kiwis consider it worthwhile protection.
Location Matters
Insurers assess earthquake risk based on location. Areas with higher seismic activity might pay more for earthquake cover. Wellington and Canterbury residents especially should consider this protection.
Claims After An Earthquake
After a significant earthquake, contact your insurer quickly. Be prepared with photos of damage, detailed damage descriptions, and estimates for repairs/replacement. Claims can take longer after major events due to volume.
Be Prepared
New Zealand's earthquake risk makes additional contents cover a sensible investment. Protect your belongings and financial security with earthquake contents insurance.
