Targeted offer: Get 300 Fly Buys points per new car, home, contents, or business policy with State Insurance

A guide to earning Fly Buys points with State Insurance

GUIDE: Earning Points
DIFFICULTY: Easy
TIME TO READ: 3 minutes
POSTED: November 1, 2017
UPDATED: December 28, 2017
LOYALTY PROGRAMS: Fly Buys

State regularly offer bonus Fly Buys points for taking out new policies, targeted mainly to new customers, but also sometimes to existing.

Offer 1: Get 300 Fly Buys points per new car, home, contents or business policy (targeted)

State are offering 300 bonus Fly Buys points per policy for new customers who purchase a car, home, contents or business policy until the 26 November 2017.

This coincidentally coincides with the bonus Airpoints Dollars promotion currently on offer with Tower Insurance, which is a bit different in that it is not targeted, and is available to new and existing customers.

I value 300 bonus points at around $50 NZD when redeemed on domestic flights with Air New Zealand, where they have an approximate fixed value of 16.6c each – this is similar in value to the current Airpoints Dollars promotion with Tower Insurance.

There are four State products that you can earn these bonus Fly Buys points on:

  • Home Contents Insurance
  • Home Insurance
  • Car Insurance
  • Business Insurance (excluding a contract works insurance policy)

A maximum of 1,800 bonus Fly Buys points can be earned under this offer, which is the equivalent of six new policies.

This offer is only available to those who have received a targeted Fly Buys email, or members on the recipient’s Fly Buys account. The latter means that if you’re a joint member on the Fly Buys account of someone in your household, you will also be eligible for the bonus points, providing you are using the same Fly Buys number.

Your first policy payment must be made by 7 January 2018 and bonus points will be given to qualifying new customers by 4 February 2018.

Full terms and conditions on the offer can be found here.

Offer 2: Get 50 Fly Buys points per new State Life Policy

State are offering 50 bonus Fly Buys points for new and existing customers who purchase a State Life Policy for the first time.

This offer is available on the following products:

  • TotalCareMax
  • ValuePlus Funeral
  • Accident
  • Injury

There does not seem to be an expiry date on this offer.

You’ll earn your bonus points after you make your first premium payment, and the points should deposit into your account within 30 days.

Full terms and conditions on the offer can be found here.


Guide to earning Fly Buys points from State

There are numerous State products that you can earn Fly Buys points on:

  • Car Insurance
  • Contents Insurance
  • Home Insurance
  • Motorbike Insurance
  • Trailer Insurance
  • Contract Works Insurance
  • Landlord Insurance
  • Life Insurance
  • Travel Insurance
  • Business Insurance

Note that nothing in this guide should be read as a recommendation for State’s products. You should read their terms in detail and assess whether the cover and associated costs are appropriate for your personal circumstances.

Our commentary is around the ability to earn Fly Buys points on their products. It is not easy to make general comments on whether State have good insurance policies, so that’s not an area we’ll be touching on.

How much will I earn?

State will accumulate a record of each payment you make on all policies, and will automatically give you one Fly Buys point for every $25 of premium paid, including on any government levies.

This is an effective ~0.7% return on the cost of your premium, if you were to redeem your Fly Buys points on domestic flights with Air New Zealand.

There’s a limit of 500 standard points for all business insurance policies in any one insurance year, however no limits for personal insurance policies.

If you’re already with State, register your Fly Buys number here, or call them on 0800 794 669.

Summing up

Obviously with something as important as insurance, you shouldn’t consider selecting an insurer or changing to a new one just for a few points – the coverage needs to be right for you.

However if you were already thinking of joining State, or you’re an existing policyholder, it’s a no-brainer that you should earn what points you can on your spend.

State also accept most major credit cards (Visa, Mastercard, Amex) with no transaction fees, which provides a good opportunity to double dip and earn points through card spend too.

Targeted offer: Get 300 Fly Buys points per new car, home, contents, or business policy with State Insurance was last modified: December 28th, 2017 by Daniel Kinnoch