BNZ Car Insurance

With more than four million cars driving on New Zealand’s roads, car insurance has become a mandatory part of getting from A, to B. However, not all insurance policies are created equal. Here, Canstar compares how BNZ’s vehicle cover stacks up against other insurers.

What car insurance policies does BNZ offer?

BNZ offers customers a choice of three car insurance policies; its PremierCar Supreme Cover (similar to other insurers comprehensive policies), third party fire and theft, and third-party cover.

Additionally, BNZ offers its customers access to its 24-hour Roadside Rescue service for $1/fortnight, as well as multi-policy discounts and the ability to earn Fly Buys points on paid premiums.

Check out the link below to see how this compares against other insurers.

Compare Car Insurance with Canstar

What’s covered by BNZ’s PremierCare Supreme Cover Car Insurance Policy?

According to BNZ, its PremierCare Supreme Cover policy offers customers cover for sudden and accidental loss or damage, legal liability for up to $20,000 for accidental damage caused by your vehicle, up to $1 million for accidental injury to another person, key replacement for up to $1,000, emergency accommodation costs of up to $750, glass and light repairs, and up to $1,000 automatic cover for a trailer.

What’s Covered by BNZ’s Third Party, Fire & Theft Policy?

BNZ says customers can save by utilising its third-party cover options, and its third party, fire and theft policy includes cover for sudden and accidental loss or damage to your vehicle caused by fire, theft or a defines natural disaster event. The policy also covers for legal liability up to $20,000 and up to $1 million for accidental injury to another person.

What’s covered by BNZ’s Third Party Policy?

BNZ’s third party car insurance policy covers legal liability up to $20,000 in the event of accidental damage caused by your vehicle, and up to $1 million for accidental injury to another person.

What don’t BNZ’s car insurance policies cover?

Similar to many other insurers, BNZ does not cover its customers in the event of mechanical failure or for incidents where the driver is operating their vehicle outside the terms of their license/as a business vehicle (unless insured as such.)

What Makes BNZ Car Insurance Different?

BNZ offers its customers the benefit of multi-policy discounts, possible no-claims discounts of between 30 and 65%, Fly Buys points on premiums paid and the ease of managing insurance policies online as part of BNZ’s internet banking platform. 

About BNZ

First opening its doors in Auckland, in 1861, the Bank of New Zealand (BNZ) is a registered bank and offers a variety of financial services, including retail, business and institutional banking. 

Since its purchase by the National Australia Bank in 1992, BNZ has operated as a subsidiary of its trans-Tasman owner, however it retains local governance and employs over 4,500 Kiwis across New Zealand. 

Written by: Katharina Charles | Last updated: July 2, 2019