Extra cover for no extra cost

If your home is insured for its replacement value (Maxi policy or ANZ Asset Protector), you could get extra cover for no extra cost.

If you qualify, you’ll get:

  • Up to 10% more cover for natural disasters
  • If your home is damaged or destroyed in a natural disaster (such as an earthquake or tsunami) and the Sum Insured amount isn’t enough to pay for repairs or a rebuild, SumExtra kicks in with up to 10% extra.
  • Full repair or replacement cover
  • If your home gets damaged or destroyed by any insured event other than a natural disaster, with SumExtra you’re covered for the costs to repair or replace your home—even if the cost is more than your Sum Insured amount.

Making a claim

If you need to make a claim, or have a question about a claim, contact your broker or adviser or you can call us at the Vero Claims Centre—we’re here to help.

Make a claim

Keep in touch

Remember to keep your details up-to-date. If you need to check or update your Sum Insured or SumExtra, contact your broker, adviser or insurance provider.


Document PDFHouse Insurance policy wording

Brokers can find more documents in the Broker & advisers centre

It’s easy to qualify for SumExtra

SumExtra is available if your home is insured with us for its replacement value. To qualify, you need to work out the estimated cost of rebuilding your home using calculation methods we accept, like the Cordell Calculator or the advice of a registered valuer. Then contact your broker or adviser to set your Sum Insured amount to at least the value of the replacement estimate. Make sure you keep a copy of the written cost estimate in a safe place as you will need it to obtain the SumExtra benefit.

Provided the cost estimate is less than three years old at the time it was last agreed (this could be when you purchased or renewed your insurance), you can enjoy the SumExtra benefit—just like that.

There’s no need to sign up

If you already qualify for SumExtra, there’s no extra paperwork to complete. And it comes at no additional cost. The cover is ready to go—if and when you need it.

You don’t have to miss out

If you don’t currently qualify for SumExtra, it’s easy to put right. Just work out the Sum Insured amount for your home using one of the methods below.

Already qualify for SumExtra?

Don’t forget you need to actively recalculate your sum insured every three years using one of our approved methods - it’s easy with the Cordell calculator.  If you need to adjust the sum insured on your policy, contact your broker or adviser and remember to keep a copy of your calculation in a safe place.


Use the Cordell Calculator to set your Sum Insured

The Cordell Calculator is an independent online tool that calculates how much it might cost to rebuild your home. The calculation is based on information from a variety of third party sources and typical rebuild costs for homes with similar materials and features. Check the information is complete and accurately describes your home, it’s easy to update.    

You can use the cost it gives you to set the Sum Insured on your home insurance.

Get your Sum Insured professionally assessed

A qualified professional like a registered valuer, quantity surveyor, licenced building practitioner or other specialist we accept can assess your estimated rebuild cost.

Getting expert advice ensures that all the unique aspects of your home are taken into account.

Get insured with Vero

For expert advice on how Vero can help you with your insurance needs, talk to a broker or adviser. Our locator helps you find a broker or adviser near you.

Find a broker

We’re for New Zealand

We’re here for New Zealanders whether it’s for general or specialist cover, we’re here to make insurance mean more for our customers. That means we do what really matters to make insurance more useful and more relevant to help you feel more confident.

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Important information

Excesses, terms, conditions, limits and exclusions apply to these policies. Please check the policy wording for details of cover. The provision of cover is subject to the underwriting criteria that apply at the time.

Our website provides general information about our products and services to help you make choices when it comes to protecting the things in life and business that really matter and is not intended to be financial advice. For advice on product suitability, please contact your financial adviser.