Insurance
The cost of insuring apartment buildings is a hot topic for inner-city residents with yearly increases with very few options available. This page shares information about an insurance-focused working group - Coverwell - looking at the issue.
About Coverwell - an insurance working group
27 February 2024: New Zealand Herald article
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16 February 2024: Update from Geraldine Murphy, ICW Spokesperson on Seismic Affairs
Further to our earlier updates on insurance, a website for the working group looking at insurance issues has now been established.
Coverwell: Transforming Apartment Insurance in Wellington
We are working to promote affordable, fair, and sustainable solutions enabling the placement of effective insurance cover for Wellington apartment owners. Coverwell website link
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What is Coverwell?
Coverwell is the name of the working group that has been established to begin the research and engagement on insurance issues. On the website, under 'Resources'. - you’ll find a flyer for Chairs (or owners with delegated responsibility for insurance) which provides an overview of CoverWell's activities.
There is also a form that Chairs etc can fill in which will provide high-level information about the Chair/delegate and the building to help CoverWell to engage with you in the future. The website is in the early stages and will be updated over time. - Geraldine Murphy