Update your house sum insured
We make updating your house sum insured simple. Also, find out about our extended sum insured for fire benefit.
Reviewing your sum insured
We’ll adjust the sum insured before we renew your policy each year to make sure your cover keeps up with changes in building costs. To do this we’ll either use the Cordell Sum Sure calculator or we’ll use the building components of the consumer price index as a reference.
The new sum insured amount will be included in your renewal documents, which will be sent to you a few weeks before your policy renews. You need to review the sum insured each year to make sure it’s still enough to rebuild your home. The Cordell Sum Sure calculator can help you with this.
Change your sum insured
It’s easy to change the sum insured for your home at any time - just chat with a member our team in Auckland, or call us on 0800 950 145.
Extended sum insured for fire
One of the major causes of total house loss is fire. If your house is destroyed by fire, this benefit gives you up to 20% more cover than your sum insured. Excludes fires following natural disasters. Policy terms and conditions apply. This is one of the great benefits you can get with a Trade Me Insurance house insurance policy.
