Business insurance · New Zealand
AMI Business
IAG New Zealand's direct insurance brand, with a Tradies Insurance bundle quoted online or by phone
Market position
AMI is one of IAG New Zealand's brands, alongside NZI, State and Lumley, and sells business insurance directly to small businesses. Its Tradies Insurance bundle combines cover for tools and equipment (up to $10,000, plus up to $5,000 for employees' tools and belongings) with public liability (broadform) up to $2 million. Tradies can get a quote online or by phone.
New Zealand-specific note
Quote online or call AMI on 0800 100 200, with monthly or annual payments. Tools are covered for accidental damage anywhere in New Zealand and for theft from a locked building or vehicle; theft from an unlocked vehicle or job site needs the optional Theft cover add-on, according to AMI's tradies page.
Pros
- + Direct online or phone quote, no broker needed
- + Bundles tools cover and public liability for small trade businesses
- + Covers employees' tools and belongings up to $5,000
- + Monthly or annual payment
Cons
- − Tools cover is capped at $10,000 and public liability at $2 million in the bundle
- − Theft from an unlocked vehicle or job site needs an optional add-on
- − Sold direct, so there is no broker to advise on cover
Typical New Zealand pricing
Online or phone quote; AMI advertises its Tradies Insurance bundle from $19 a week including GST, based on the most common occupations, paid monthly or annually
Why this matters for New Zealand trades
Only EWRB-registered and licensed workers can carry out or supervise prescribed electrical work, with the practising licence renewed every 2 years; the PGDB registers and licenses plumbers, gasfitters and drainlayers and prosecutes unauthorised work; and Restricted Building Work on homes must be done or supervised by a Licensed Building Practitioner. WorkSafe enforces the Health and Safety at Work Act 2015 and says amendments take effect on 1 April 2027. The payroll tools listed here file payday information with Inland Revenue, and some act as PAYE intermediaries that pay PAYE to Inland Revenue for you. Master Builders and Master Plumbers membership is voluntary and does not replace licensing.
New Zealand trades vendor selection is shaped by registration and licensing (the EWRB for electrical workers, the PGDB for plumbers, gasfitters and drainlayers, and the LBP scheme for Restricted Building Work on homes), payday filing with Inland Revenue, KiwiSaver deductions, Holidays Act leave calculations, 15% GST, and health and safety duties under the Health and Safety at Work Act 2015.
Frequently asked
Is AMI Business a good fit for New Zealand trades?
AMI is one of IAG New Zealand's brands, alongside NZI, State and Lumley, and sells business insurance directly to small businesses. Its Tradies Insurance bundle combines cover for tools and equipment (up to $10,000, plus up to $5,000 for employees' tools and belongings) with public liability (broadform) up to $2 million. Tradies can get a quote online or by phone. Quote online or call AMI on 0800 100 200, with monthly or annual payments. Tools are covered for accidental damage anywhere in New Zealand and for theft from a locked building or vehicle; theft from an unlocked vehicle or job site needs the optional Theft cover add-on, according to AMI's tradies page.
What does AMI Business cost in New Zealand?
Online or phone quote; AMI advertises its Tradies Insurance bundle from $19 a week including GST, based on the most common occupations, paid monthly or annually. Pricing and availability can change by region; confirm current New Zealand pricing on the vendor's site before committing.