There was no limit on the amount your insurer was required to spend in order to replace your home.

Since the Christchurch earthquakes, many New Zealand insurers have changed the basis of their home insurance policies; they now require you to specify a "sum insured" for your home. This means that if your home is damaged or destroyed then the sum insured is the maximum amount the insurer will be prepared to spend to remedy the damage.

The onus is now on you to tell your insurer the cost to rebuild your house. If you under-estimate the cost and your house is destroyed, your insurer will not be prepared to rebuild your home to the same size and specification as it was before.

It's also worth noting that the rateable value of your home doesn't have a direct bearing on the cost to rebuild, therefore it is not a good idea to rely on the RV for insurance purposes. Instead you should investigate the actual cost of rebuilding your home to set your sum insured.

This is where we at Maltbys can help, by arranging to visit your home and establishing for you a more accurate rebuild cost which takes into account all of the unique and special features of your home.

Your home is most likely your most valuable possession, and so contact us to help ensure your insurance cover reflects the true costs likely to be incurred in the event of replacing your home due an insurance event.

  • For rebuild estimates in the upper North Island contact
    our Auckland office.
  • For rebuild estimates in the central North Island contact
    our Hamilton office.
  • For rebuild estimates in the central East North Island contact
    our Napier office.
  • For rebuild estimates in the lower North Island and upper South Island contact our Wellington office.
  • For rebuild estimates in the Queenstown lakes area contact our Queenstown office.


Alternatively please send us your details on our enquiry form below and a surveyor will be in touch with you shortly.


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Company/Trust Name (if applicable)



Property Address for rebuild estimate

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Trust Maltbys to deliver your next project

Auckland +64 9 303 4394  | Hamilton +64 7 211 7926  | Napier +64 21 169 2249  |   Wellington +64 4 499 1468  |   Queenstown +64 3 442 5965


Level 7
51 Shortland Street
PO Box 2176
Auckland 1140
Ph: 09 303 4394


Panama Square
14 Garden Place
Hamilton 3204
Ph: 07 211 7926


Level 1, 32 Hastings Street
Napier South
Napier 4110
Ph: 021 169 2249


Level 1, 3 Swan Lane, Te Aro
PO Box 1034
Wellington 6140
Ph: 04 499 1468


Mountain Club Level 3, 36 Grant Road
Queenstown 9371
PO Box 975
Ph: 03 442 5965

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