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.

BNZ logo

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.

BNZ offers 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?

BNZ’s PremierCare Supreme Cover Car Insurance Policy includes benefits such as:

  • Sudden and accidental loss or damage to your vehicle.
  • Legal liability cover up to $20m for accidental damage caused by your vehicle to another’s property and up to $1m for accidental bodily injury to another person.
  • Accommodation costs of up to $750 if you can’t drive your vehicle following the damage.
  • Up to $1000 cover to replace keys if they’re lost or stolen.
  • Repairs to windows, windscreens, sun roofs, or driving lights, without impacting your no claims discount or excess.
  • Caravan’s contents, if your caravan is insured under this policy.
  • Up to $1000 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. BNZ’s Third Party, Fire and Theft policy includes:

  • Sudden and accidental loss or damage to your vehicle caused by fire, theft, or defined natural disaster events.
  • Legal liability cover up to $20m for accidental damage caused by your vehicle to another’s property and up to $1m for accidental bodily 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 $20m in the event of accidental damage caused by your vehicle, and up to $1m for accidental injury to another person.

What makes BNZ Car Insurance different?

BNZ offers its customers the benefit of multi-policy discounts, possible no-claims discounts of between 30%-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 4500 Kiwis across the motu.

Written by: Bruce Pitchers | Last updated: September 14, 2023