Car Insurance nz

Auto insurance nz

Car Insurance

Car insurance is also known as vehicle insurance, Auto insurance, or motor insurance. Auto insurances aim is to safeguard the policy holder against financial loss in the event of an accident or from traffic collisions involving a car, truck, mot cycle the policy holder owns. Auto insurance coverage normally includes :

Car Insurance


Car Insurance nz

Liability Coverage

Liability Coverage is for the coverage for the legal obligation to others for property damage or for physical damage. To further elaborate on this liability coverage it can be broken down into bodily injury liability and property damage liability.

car insurance nz
  • Bodily injury liability: this coverage is self-explanatory, meaning that it insures body damages, harm to physical body parts and even death one is responsible for. Also includes medical bills, pains & sufferings and lost income. Medical and legal can be the most expensive part of an accident.
  • Property Damage Liability: this form includes coverage for properties such as from damages to homes, car, mailboxes and much more. Like bodily injury liability, it also covers legal bills.

Physical Damage Coverage

Physical Damage cover not only does this coverage insure damage done in accident but also covers ones car in case of theft, vandalism and others

car insurance new zealand

  • Comprehensive Coverage: covers ones vehicle and at times others vehicle for damages triggered by things other than collision. Some shared circumstances in which this form of coverage is used includes, damages caused by vandalism, theft, fire, animals or water damage. This form of coverage is customarily endorsed for high end or expensive vehicles or for leased as well as financed vehicles.

  • Collision Coverage: this nature of coverage insures the damage of the car subsequent from collision with another object or car. Collision coverage reimburses one for the repairs or replacement overheads of ones car afterwards an accident.

Medical Coverage

Medical Coverage which is for the charge of treating injuries, as well as at times funeral expenses. Injured person is covered leaving aside the fact whoever was at fault for the accident; it can include either the pedestrian or the motorist/biker.