Insurance premiums have been increasing year on year, for as long as most people can remember. Leaky buildings, meth contamination and earthquakes have all contributed to an upward trend in the cost of insurance.

One way to buck the trend is to buy insurance online, removing the middle man, lowering overheads and allowing the benefits to flow through to the property owner. Whether it’s your home, investment property or holiday house, Initio, together with GRA, provide access to direct cover at lower cost, reducing your premiums by up to a third.

Do you lose benefits from cheaper premiums?

No. Initio is a specialist property insurer and their policy is considered to be one of the best around. In fact, it's likely you will find some additional benefits with Initio, such as loss of rents.

Is it reliable and safe cover?

Yes. Underwritten by NZI (a business division of IAG), Initio is very safe and secure in their ability to pay claims.

To find out more and obtain an instant free online quote, please click on the banner below:

Some of the things Initio Landlord Insurance provides as standard are:

  • Damage and loss of rents caused by the manufacture and consumption of methamphetamine 
  • $20,000 contents cover
  • Loss of rental income due to damage - $20,000 (with ability to increase to $80,000)
  • Loss of rental income up to six weeks for eviction, abandonment or prevention of access
  • Cover of $25,000 for deliberate damage by tenants is automatically included (most other insurers make you buy this cover separately)
  • Multi-unit cover – up to six flats under the same roof on the same policy, which means a single excess and lower premiums
  • $3,000 cover for hidden gradual damage
  • And of course replacement cover (up to your insured value) for essential events like fire, flood, earthquake

To find out more about how to insure your home or investment property cheaper, and to obtain a free online quote, please click here.