Contents Sum-Insured Calculator
Estimate the replacement value of your household contents for NZ insurance. Includes specified items (jewellery, electronics, art).
About this calculator
This calculator implements NZ contents replacement value methodology from Sum Insured Pty Ltd / Vero. Last consulted 18 May 2026. Verify the figures yourself by following the link.
NZ contents replacement value benchmarks
Cordell / Sum Insured data 2026- •Studio / 1-bedroom: $18k-28k base
- •2-bedroom: $40k-50k base
- •3-bedroom family home: $60k-75k base
- •4-bedroom: $78k-95k base
- •Single-item limit (without specifying): $2,500 typical
- •Annual review recommended: After major purchases or inflation
Source: Consumer NZ — Contents insurance
Disclaimer
This calculator provides estimates for general information purposes only. Results should not be relied upon as professional financial, tax, or legal advice. Tax rates and thresholds are based on publicly available IRD data and may change. Always consult a qualified tax agent or financial adviser for advice specific to your circumstances.
How NZ contents replacement value is estimated
Base contents value by home size and quality, plus specified items above single-item limits.
- 1
Base contents value
Base = bedroom_count_value × quality_multiplier
Quality: basic 0.8, standard 1.0, mid 1.25, luxury 1.7.
- 2
Add specified items
Specified = jewellery + electronics + art + bikes
Items >$2,500 each typically need separate listing.
- 3
Total sum-insured
Total = base + specified
Single-article limit on contents policies usually $2,500 — anything over goes on Specified.
Worked example
Inputs: 2-bedroom standard, $8k jewellery + $5k electronics
Result: Base $42k + Specified $13k = $55k sum-insured.
Frequently Asked Questions
What's a realistic contents sum-insured for NZ?
Do I need contents insurance as a renter?
How this calculator works
This contents sum-insured calculator uses the latest data from official New Zealand government sources to provide accurate results. All calculations are performed in your browser — your data never leaves your device.
All calculations are performed in your browser — your data never leaves your device. Results are for general guidance only and should not be considered professional financial advice.
Built and maintained by Konstantin Iakovlev. Data sourced from the IRD and official New Zealand government sources.
Last reviewed: