Natural Disaster Insurance NZ

What is Natural Disaster Insurance?

Natural disaster insurance provides specialised cover for damage caused by earthquakes, floods, storms, landslides, and other natural events. Given New Zealand's geology and climate, this insurance is particularly important for businesses in areas prone to these events.

While some natural disaster coverage may be included in standard property policies, dedicated natural disaster insurance provides higher limits and more comprehensive coverage for the unique risks New Zealand businesses face.

What Does It Cover?

• Earthquake damage
• Flood and stormwater damage
• Storm and wind damage
• Landslip and ground movement
• Volcanic eruption
• Tsunami

Who Needs Natural Disaster Insurance?

Natural disaster insurance is particularly important for businesses in high-risk areas:

• • Businesses in earthquake-prone zones
• • Properties in flood-prone areas
• • Coastal properties
• • Properties near hillsides or cliffs
• • Any business wanting comprehensive protection

Typical Costs

Natural disaster insurance costs vary based on location and risk factors. Typical costs start from:

• • Low-risk area: From $400/year
• • Medium-risk area: From $600/year
• • High-risk area: From $900/year