know your own worth
The BrokerWeb Group “local people serving local people”
DO YOU KNOW WHAT
YOU’RE WORTH?
If you go through a full inventory of what you own and what it
might be worth, you may be surprised.
If you don’t insure your contents to their real value and something
unexpected happens, you may not be able to replace all you have lost.
As the ‘sum insured’ on your policy is the maximum amount you
can claim, it’s very important that you’re adequately insured, and
have enough cover to cope with a serious loss.
Going through the exercise in this brochure will give you the
information you need to work out your contents cover.
MAKING THIS BROCHURE WORK
We’ve put together a list of contents that we feel is representative
of many New Zealand family homes – we refer to this list as our
inventory. The values we’ve given are indicative only.
We recommend going from room to room in your house, writing
down your estimate of what each item is worth.
Jewellery, antiques and fine art are more difficult to value – we
suggest you contact your insurance broker to discuss the best way
to value and insure these items.
The total amount of all the items added together represents how
much contents cover you need. This is what your ‘sum insured’
should be.
PROTECTING WHAT MATTERS MOST TO YOU
NZI/BrokerWeb – Comprehensive Cover for Everyday
NZI/BrokerWeb Contents provides flexible cover that helps you
protect the things you own, including new for old replacement on
most home contents, regardless of age.
If you take household effects temporarily with you to any part of
New Zealand, we will cover them while they’re away from home.
Depending on the item, we also provide cover for sudden
accidental damage, or loss caused by many different causes.
GETTING SPECIFIC
With some more valuable items we’ve set limits that we think
cover many situations. If, however, you have specific items that
you want to insure for more value than these limits, please let us
know so that we can make sure the cover is adequate.
NZI/
Brokerweb
Watch, piece (including set or pair) of jewellery
(unspecified items)
$3,000 per item
Camera, Camcorder and their accessories
(unspecified items)
$3,000 per item
Bicycles
$3,000 per item
Sports or camping equipment
No Limit
Portable musical instrument
No Limit
Portable communication equipment
No Limit
knowing what you’re worth
Here is our list of contents and indicative values for you to
work through in order to figure out what your sum insured
should be. If you think our values are not right, we’ve
given you room to put in your estimate.
kitchen
Guide Value
Coffee Machine
Cutlery
1,000
Dishwasher
2,000
Food
1,000
Food Mixer
Food Processor
Fridge
Frypan/Crockpot
Glassware/Crockery
Jug/Kettle
Microwave
Pots/Pans/Bowls
Your Value
400
400
400
2,000
300
2,000
100
500
1,000
Radio
200
Sandwich Maker
100
Table and Stools
700
Toasters
100
Utensils
350
Other Electrical Appliances
500
Other
Total
13,050
$0.00
bedrooms
Guide Value
Baby Furniture
2,000
Beds/Mattresses/Pillows
5,000
Blankets/Duvets/Quilts
1,600
Books
2,500
Desks/Chests
1,500
Dressing Tables/Tallboys
2,500
Electric Blankets
Main Bedroom Suite
500
4,500
Pram/Pushchair
750
Radios
300
Toys
Your Value
1,500
Other
Total
22,650
$0.00
Guide Value
Your Value
laundry
Brooms/Mops/Buckets
Cleaning Materials
Clothes Dryer
120
150
1,200
Iron
100
Ironing Board
100
Washing Machine
1,500
Other
Total
3,170
$0.00
storage/garage
Guide Value
Bicycles
2,000
Camping Gear
3,000
Freezer
1,200
Freezer Contents
Garden Equipment
Ladders/Wheelbarrows
Lawnmower
700
1,200
550
900
Linen
1,000
Outdoor Furniture
2,000
Sewing Machine/Overlocker
3,700
Tools
3,500
Vacuum Cleaner
Your Value
700
Other
Total
20,450
$0.00
Guide Value
Your Value
dining room
China Cabinet
1,000
China/Crystal/Pottery
1,200
Dining Suite
2,500
Liquor
Silverware
600
1,000
Other
Total
6,300
$0.00
personal
Guide Value
Bags/Suitcases/Wallets
Binoculars
300
Camera
1,000
Clothing
9,500
Computer Software
2,000
Cosmetics
750
Dentures
3,000
Electric Shaver/Hair Dryer
Your Value
2,500
300
Footwear
3,700
Home Computer (each)
3,500
Jewellery/Watches
5,500
Photographs/Albums
1,500
Spectacles/Sunglasses
2,500
Sports Equipment/Sleeping Bags
2,000
Toiletries
1,000
Video Camera/Camcorder
2,500
Other
Total
41,550
$0.00
Guide Value
Your Value
lounge
Bookcases
1,500
Books/DVDs/Tapes/Video Games
2,500
CDs/Cassettes/Records
2,000
Coffee Tables
1,000
Lounge Suite/Chairs
4,500
Stereo/Radio
3,000
Television
4,000
Video/DVD Player/Games Console
1,000
Wall Unit
2,000
Other
Total
21,500
$0.00
general
Guide Value
Carpets/Rugs*
Clocks
Curtains/Blinds
Cushions
300
6,000
400
Hearing Aids
6,500
Heaters/Fans
600
Light Fittings/Lamps
1,900
Medicine Cabinet Contents
300
Mirrors
600
MP3 Players/iPod
500
Ornaments
1,200
Paintings/Pictures
2,000
Pot Plants/Holders
500
Telephones
500
Mobile Phones
Your Value
10,500
1,200
Other
Total
33,000
$0.00
special items
Please list any special or specified items here
Total
Your Value
$0.00
summary
Guide Value
Your Value
Kitchen
13,050
$0.00
Bedrooms
22,650
$0.00
Laundry
3,170
$0.00
Storage/Garage
20,450
$0.00
Dining Room
6,300
$0.00
Personal
41,550
$0.00
Lounge
21,500
$0.00
General
33,000
$0.00
Special Items
Total
Add 5% for inflation and purchases
Your Sum Insured
* Based on a 160sqm house.
$0.00
161,670
$0.00
8,084
$0.00
169,754
$0.00
PROVIDING YOU WITH PEACE OF MIND®
• NZI offers generous discounts when you insure any
two or more of the following with us: house, contents,
motor vehicle or boat.
• You can receive lower premiums when you choose an
excess higher than the standard one.
• Ask about our age related discounts, which may entitle
you to premium discounts if you’re aged 50 or over
and even greater discounts if you’re 60 or over.
• NZI automatically ‘tops up’ the Earthquake Commission
insurance.
IMPORTANT
This brochure is a guide only and should be used along
with policy wordings. If you require further information
and/or assistance contact your BrokerWeb broker.
NZI, a business division of IAG New Zealand Limited
NZ2032/3 01/09
Underwritten by: