Buildings, fit-out, stock and plant
Commercial Property & Assets in New Zealand
Material damage cover for the physical things your business owns or leases — premises, fit-out, machinery, stock and electronic equipment.
Replacement value
Insure at today's replacement cost, including demolition and compliance upgrades.
Landlord or tenant
We work out which party insures the fit-out so nothing is double or under insured.
Natural hazards
Earthquake and flood exposure priced by region and construction type.
The detail
What commercial property & assets covers
A typical New Zealand policy looks like this. Your final wording is set by the insurer we place you with — we walk you through it before you sign.
Usually included
- Fire, storm, flood and impact damage
- Burglary and malicious damage
- Earthquake and natural disaster cover
- Stock at declared locations
- Machinery, plant and electronic equipment
Worth adding
- Machinery breakdown
- Goods in transit
- Deterioration of refrigerated stock
- Removal of debris increases
Commonly excluded
- Gradual deterioration and lack of maintenance
- Unoccupied buildings beyond the notified period
- Faulty design or workmanship
- Contractual penalties
Questions
Commercial Property & Assets FAQs
Keep exploring
Other business cover
Public liability
When your work damages someone else's property
See coverProfessional indemnity
Protection for the advice and designs you deliver
See coverCommercial vehicle
Utes, vans and fleets that earn their keep
See coverCyber
Incident response the moment you're breached
See coverReady for cover that actually fits?
Tell us what you need protected. An adviser compares the market and comes back with options in plain English — usually within one business day.