Insurers eye entry into NZ, as home building warranties/insurance are due to become mandatory

PremiumJenée TibshraenyWellington Business Editor·NZ Herald·28 Jun, 2026 05:00 PM4 mins to read‌Building and Construction Minister Chris Penk believes building standards will rise once more builders were pushed to certify with a member organisation or get an insurer to back their work. Photo / RNZ, Marika KhabaziInsurers and building warranty providers are eyeing entry into the New Zealand market, as the Government plans to require new builds and renovations to be covered by insurance or warranties.

The Government is due to introduce a bill to Parliament to dramatically change who is liable for defective residential building