Transit Insurance for Tiny Homes can be tricky, and expensive. Stu at Teach First Insurance Brokers have managed to obtain a fantastic insurance option, at a discounted rate for the upcoming Tiny House Expo.
What does the transit insurance cover?
Transit Insurance for your Tiny Home will cover the following costs following an incident
Physical loss of, or damage to, the insured tiny while it is in transit up to a sale cost of the tiny being transported based on the market value of the building including selected additional costs (as set out below)
Debris removal in the event of an accident, and expediting expenses costs (such as paying more to get materials for the repair delivered sooner) - automatically included up to specific limits
Cover for Both getting the tiny Home to the Expo, and its return to your base of operations following the expo.
Should you also sell the Tiny at the expo, they can change the end destination for no additional charge to make sure it gets delivered to the new owners fully insured.
So What does it cost?
As an initial offer, Stu can advise the following premiums would be payable based on the amount the Tiny would be insured for, but to show the premiums on offer, see the details below;
For a Home valued at $150,000, subject to a 1% excess for any claims the premium would be $1,785 + GST
For a Home valued at $175,000, subject to a 1% excess for any claims the premium would be $1,993 + GST
For a Home valued at $200,000, subject to a 1% excess for any claims the premium would be $2,202 + GST
For a Home valued at $225,000, subject to a 1% excess for any claims the premium would be $2,410 + GST
For a Home valued at $250,000, subject to a 1% excess for any claims the premium would be $2,620 + GST
This initial offer represents a discount of almost 30% on the standard rate offered by NZI Marine as a special rate for working with the Tiny House Expo. If collectively more than 10 Tiny Homes being transported through this offer the discount for everyone will be even greater, and if there are more than 20 homes in transit covered by the offer the discount would be greater again.
Who qualifies for the offer?
Anyone exhibiting at the expo and needing to obtain transit cover to and from the event can take this offer up.
Stu have set the rates for anyone from the central and upper north island. If you are coming from further a field he can still do it, but the premium might alter slightly.
Provided the tiny is being professionally moved, they are all set to go from there
We can also provide a specific quote for each exhibitor with the following information, and then adjust the premiums based on the applicable rate closer to the expo
If you would like to chat more about insurance cover you can call Stu directly or fill in the form below
Teach First Insurance Brokers