It's All Good.

All Good (ALG) Social Housing Insurance is one of New Zealand’s few insurance policies developed specifically for Social and Community housing.

This policy addresses the gaps in the current “off the shelf” products that don’t fit the unique challenges of Social Housing Providers.

We cater for:

Emergency Housing
Transitional Housing
Medium/Longer term IRR Social Housing
K.O Housing and try us for other non-standard housing use

The risks and complexities associated with Social Housing are often misunderstood leading to cover under policies that are not fit for purpose. In many cases the products being purchased leave gaps or hooks that can lead to real challenges at claim time.

ALG Social Housing Insurance strikes a balance with broad cover, enabled by obligations on the landlord, ensuring that the risk is managed and the product is sustainable. It is underwritten by Lloyd’s of London, with an AA- (very strong) Financial Strength Rating*.

*Standard & Poors as at Dec 2023

Specific Benefits

Hazardous substance/ methamphetamine contamination cover up to $100,000

Intentional damage by tenants cover up to $100,000

Loss of Rent while the property is damaged

Cover for Landlord’s Chattels which are provided as part of the rental agreement

Cover where it's needed most...

Landlord’s Obligations

There are obligations on the landlord or property manager to identify potential issues early. Most landlords would be doing this already:

External and internal inspection of the property at a minimum of 6 monthly intervals and at the change of every tenancy
Keep a written record of the outcome of each inspection

General Information

ALG Social Housing Insurance provides cover for full replacement of accidental damage, and includes extensions to cover that you would expect from an insurance policy of this type.

Full replacement up to the Sum Insured
Additional limit for post-loss inflation and sustainable rebuilding
Cover for landslip, subsidence and natural disaster
Gradual damage up to $5,000
Landscaping up to $20,000

Cover where it's needed most...

Landlord’s Obligations

There are obligations on the landlord or property manager to identify potential issues early. Most landlords would be doing this already:

External and internal inspection of the property at a minimum of 6 monthly intervals and at the change of every tenancy
Keep a written record of the outcome of each inspection

General Information

ALG Social Housing Insurance provides cover for full replacement of accidental damage, and includes extensions to cover that you would expect from an insurance policy of this type.

Full replacement up to the Sum Insured
Additional limit for post-loss inflation and sustainable rebuilding
Cover for landslip, subsidence and natural disaster
Gradual damage up to $5,000
Landscaping up to $20,000

Apply for a quote

Contact First Lane Insurance Ltd for more information

Email chris@firstlane.nz Phone 03 578 6140 / 0274 579 004

All Good Social Housing Insurance is available exclusively through First Lane Insurance Ltd, the people with your best interests at heart.

TAI, a division of Insurance Wholesale Limited, has been in operation for over 30 years, providing specialist insurance products from Lloyd’s of London to New Zealand customers.

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