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Men's Weekly

NZ’s rising house insurance premiums warn of a system under strain

  • Written by Rohan Havelock, Lecturer, Faculty of Law, University of Auckland, Waipapa Taumata Rau
NZ’s rising house insurance premiums warn of a system under strainNZDF/Getty Images

New Zealand’s Treasury has just launched a review of household insurance affordability – and it could not be timelier.

Amid another summer of weather disasters around the country, it emerged one insurer had temporarily stopped offering new home policies in Westport because of flood risk.

This follows wider concerns about...

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