From 1 July 2024, there will be some Government changes that will impact your premiums due to price increases to the Fire and Emergency New Zealand Levy.
From the 1st July 2024 the levy that insurers collect on behalf of FENZ will increase as follows:
| Current | New – effective 1 July 2024 | |
|---|---|---|
| Where there is an insurance contract against the risk of fire | 10.60c per $100 sum insured | 11.95c per $100 sum insured |
| Motor vehicles under 3.5t gross laden weight | $8.45 per vehicle. | $9.53 per vehicle. |
| Residential buildings and contents | Normal levy rate to a maximum of: Buildings: $106.00 Contents: $21.20 |
Normal levy rate to a maximum of: Buildings: $119.50 Contents: $23.90 |
For more information on the levy changes visit Fire and Emergency levy rate | Fire and Emergency New Zealand.