Bounce provides the only parametric earthquake insurance policy in New Zealand. Bounce coverage is based simply on an earthquake meeting the seismic trigger in your location, not time-consuming claims paperwork. We provide a completely independent and transparent process that ensures that we can pay you in days.
The full economic costs of recovery after an earthquake often far 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
Sign-up for a low monthly price. When a large earthquake hits your location, you’ll receive an upfront cash payment.
No complex and lengthy claims processing, just the Bounce promise.
We’re powered by GeoNet data, the leading authority on seismic reporting in New Zealand.
Your eligibility to receive payment is determined by the quake intensity at your insured location, as measured by independent and trusted GeoNet strong motion sensors.
Specifically, when peak ground velocity reaches a defined threshold in your neighbourhood, you’re eligible to receive payment. Full payment is made with a seismic shaking of 30cm 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 rely on 3rd party data provided by GeoNet. It’s objective. It’s transparent. And it allows us to make the payout process as simple and fair as possible.
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.
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Sign up for a monthly subscription, which you're free to cancel at any time