In New Zealand, a car that is more conventional will be much easier to insure than a red sports car. For insurance purposes, cars are divided into various classes or groups depending on their performance, the high probability they will be stolen, and so on. Before you make the big purchase, check to see which group or class your car will fall under, and the cost to insure. Then it is up to you to decide if the purchase is worth it or if you should continue shopping for a different car.
Overview of Car Insurance NZ Policies
There are three basic Car Insurance NZ policies; comprehensive policy, third party policy, and the third party, fire, and theft. The comprehensive policy covers liability and qualified losses and damages. You will need the third party policy to be considered legal on the roads. This policy covers injuries and damages caused by you. The third-party, fire, and theft policy covers recovery of your losses.
Read the Fine Print before Signing the Contract
Every Car Insurance NZ policy may be a bit different. They may have a few additions or deletions and are not as identical as you may think, and even when they offer the same things, the wording of the policy might be a bit different. This is why it is a good idea to read everything including the fine print to know exactly what you are buying on Car Insurance NZ. You don’t want any surprises and don’t assume something is covered. If you are not sure, ask questions. Know what is included and excluded from your policy. Make sure everything that was promised to you is in writing. You will need to read each Car Insurance NZ policy thoroughly before signing. You may also have the option to buy extras like:
• Legal protection policy
• Breakdown cover
• No claims discount protection policy
Special Arrangements for Special Situations
If you are purchasing or have a vehicle that is out of the ordinary, you will have to check to see if special arrangements are needed. You may need to show that the car is suitable for use on New Zealand roads. In most cases, you may need to make special arrangements if you are looking to insure the following:
• A car that is imported
• A collector’s item
• A vintage vehicle
• A car that has been built from a kit
• A motor vehicle with an expensive paint job
• A car that has been customized or modified
Online Quotes Under one Roof
Save time by comparing Car Insurance NZ online. It is quick, easy and could save you money as well. Online Car Insurance NZ quotes can give you the best deals within minutes, and they’re free. There is no obligation to buy anything, and you lose nothing by asking for these quotes. You can also get quotes from brokers and direct Car Insurance NZ providers online.