On 1 July 2017, New Zealand Fire Service will become Fire and Emergency New Zealand. Fire and Emergency New Zealand is the amalgamation of the New Zealand Fire Service, the National Rural Fire Authority, 12 enlarged rural fire districts and 26 territorial authority rural fire authorities.
For the first time in 10 years, the rate of levy is changing in New Zealand and might impact on brokers who have clients with interests in New Zealand.
— NZ Fire Service (@NZFireService) May 5, 2017
Changes to levy
The levy provisions of The Fire Service Act 1975 will largely remain in force until at least 1 January 2019, meaning the calculation of levy will remain the same until this time. However, there are a number of changes:
Fire Service Levy will be known as Fire Emergency Levy (FEL) from 1 July 2017
The current forms will remain the same, except they will be rebranded from 1 July 2017
Changes to levy rates
For all contracts of insurance against the risk of fire that involve assets insured in New Zealand, the rate of levy payable will change for all contracts incepted or renewed on or after 1 July 2017. The new rates will be:
10.6c per $100 insured with a maximum levy payable of $106 for each residential building
10.6c per $100 insured to a maximum levy payable of $21.20 for each residential contents
$8.45 per motor vehicle under 3.5T
10.6c per $100 insured for all other property.
For a contract with a sum insured of $1,000,000 renewed after 1 July 2017, FEL payable will be $1,060.00+GST.
From 1 July 2017, you can use the email FEL@fireandemergency.nz but until then, you can email FEL@fire.org.nz with queries.