Earthquake insurance for New Zealanders.
Bounce makes post-quake recovery simple and affordable
Bounce provides the only parametric earthquake insurance policy that supports households and small business in New Zealand. Eligibility for a claim payment is straightforward: it depends solely on an earthquake meeting the seismic trigger at your location, as reported by your nearest GeoNet sensor. This eliminates the need for time-consuming claims assessments and paperwork. Our process is entirely independent and transparent, ensuring that we can pay you within days of downloading the data files from GeoNet.
Why do I need it?
The full economic costs of recovery after an earthquake often exceed your insurance payments and the money you need to recover from an earthquake is often a lot more than what you have saved away.
At Bounce, we believe everyone should have easy access to financial resources within days after a large earthquake
Here’s how it works.
Sign up for a low monthly price. If an earthquake with ground shaking of at least 20 cm/second occurs at your location, and your nearest GeoNet sensor activates the policy trigger, you’ll be eligible to receive a cash payment upon completing a declaration of loss.
No complex and lengthy claims processing - just the Bounce promise.
Earthquake intensity determines payment.
We’re powered by GeoNet data, the leading authority on seismic reporting in New Zealand.
Your eligibility for payment is based on the quake intensity at your insured location, as measured by your nearest independent and trusted GeoNet sensor.
When ground shaking, measured by Peak Ground Velocity (PGV), reaches at least 20 cm per second at your nearest GeoNet sensor and you have provided confirmation of loss, then you’re eligible for a payment. Full payment is made when seismic shaking reaches 30 cm per second, or approximately M6.0 on the magnitude scale. Our policy also responds to smaller earthquakes by providing a percentage of the payment.
We use third-party data from your nearest GeoNet sensor. It’s objective, transparent, and allows us to make the payout process as simple and fair as possible.
Money in your pocket so you can bounce back faster.
Whether you're a homeowner, renter, a business or a not-for-profit, we have affordable plans designed to fit your needs. Sign-up in three simple steps.
Enter your postal code* to determine your affordable monthly price
Enter your address and contact information
Sign up for a monthly subscription, which you're free to cancel at any time
