4 Jul 2025

300 percent increase on home insurance

From Checkpoint, 4:46 pm on 4 July 2025

A home insurance hike of 300% over the past five years has left one Napier man shocked. Bluff Hill homeowner Harry Machiela says he's used to muttering expletives when the letter comes each year, but this year he crunched the numbers and the cost of his house and contents insurance has gone up a whopping 300%. He lives in Napier, but says his property isn't in a flood zone. He spoke to Lisa Owen.