In most cases insurers won’t provide cover for houses that were sold under a mortgagee sale. This is because of the increased and known risk associated with this type of property sale. However, we know that all mortgagee sales are different so can consider cover on a case by… Learn more
Renovations may or not be covered by our house insurance depending on whether it involves structural or cosmetic work. Cosmetic Renovations Cosmetic renovations with no structural changes to your house are covered, and you don’t need to disclose this. Examples of cosmetic renovations include re-painting, installing new carpet or… Learn more
Meth Contamination is one of the largest loss leaders for landlords in New Zealand. Cleaning costs for a well-contaminated house can easily cost over $10,000. Do I need to test for meth before renting out my property? Regular meth testing isn’t a requirement under initio’s… Learn more
What can be insured under our Multi Unit Rental Policy? At initio we have a multi-unit rental policy which was designed to insure a block of flats owned by a single landlord. For the purposes of this policy, a Multi-Unit Rental Property is defined as; two or more units, townhouses… Learn more