3130 days ago

Is your house insurance valid? Ours wasn't!

Rebecca from Te Puke

we have just bought and are selling a house and through the LIM and our lawyer, discovered that the wood burner in the house we were buying was not on the original building plans and did not have a current compliance letter. Therefore we were informed by our lawyer, in the case of a fire our insurance could be invalid.
I then went and checked the house we are selling and guess what ... that wasn't on the council records and didn't have any letter of compliance, so our current , very expensive insurance as we have tenants , is also not valid for a fire!
I'm rushing around getting it compliance checked and registered on the council files but just thought I might share this as many of you might be in the same boat without realising it.
Also, for all you renters out there, I was recently advised that if you have contents insurance it can also stop you from being liable if there is a fire. I didn't know as tenants you could be held liable but apparently you can... worth looking into.
Maybe someone better versed in New Zealand law / insurance may want to comment.

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