Trade Me Insurance | 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 Trade Me Insurance’s vehicle cover stacks up against other insurers.

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What car insurance policies does Trade Me Insurance offer?

Trade Me Insurance offers customers a choice of three car insurance policies; Comprehensive cover, Third Party, Fire & Theft, and Third Party.

Additionally Trade Me Insurance has a range of optional add-ons, such as roadside assistance, discounts for excluding under 25s, cover for accessories and modifications made to your vehicle, and excess-free glass cover. 

Check out the link below to see how Trade Me Insurance compares against other insurers.

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What’s covered by Trade Me Insurance’s Comprehensive Car Insurance Policy?

Trade Me Insurance’s Comprehensive car insurance policy includes benefits such as:

  • Cover for the agreed value of the vehicle
  • Towing and temporary storage
  • One event one excess
  • Transport costs up to $500
  • Excess free if car is stolen from a locked garage
  • Natural disaster damage

It also has access to the full range of Trade Me Insurance’s optional add ons, which include:

  • RoadWise roadside breakdown service
  • Windscreen and window glass excess buyout
  • No cover for under 25-year-old drivers discount
  • Accessories and modifications (up to $5000)
  • Rental vehicle hire after loss of use (up to $1000)

What’s covered by Trade Me Insurance’s Third Party, Fire & Theft Policy?

While this policy does not insure your car against damage caused during an event, it retains many of the same benefits as the Comprehensive policy. Benefits include:

  • Cover for the market value of the vehicle
  • Towing and temporary storage
  • One event one excess
  • Excess free if car is stolen from a locked garage
  • Natural disaster damage

Option to add:

  • RoadWise roadside breakdown service
  • Windscreen and window glass excess buyout
  • Accessories and modifications (up to $5000)
  • Rental vehicle hire after loss of use (up to $750)

What’s covered by Trade Me Insurance’s Third Party Policy?

Trade Me Insurance’s Third Party policy is a basic insurance policy that provides legal liability cover up to $20 million, legal costs up to $5000, and $100,000 for bodily injury including reparation. It has the option to add RoadWise Roadside assistance.

What makes Trade Me Insurance Car Insurance different?

Trade Me Insurance make the claims process easy, and it can all be done quickly and online. It also offers a large range of optional add-ons that can provide discounts on your premiums and cover vehicles with modifications.

Notably, all Trade Me customers get a 15% discount on their premiums, and you can save 20% with multi-policy discounts.

About Trade Me Insurance

Trade Me Insurance, launched in 2015, is the insurance arm of Trade Me. All of Trade Me’s insurance policies are underwritten by Tower.

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Canstar Research
Rating:
Award: Outstanding Value Car Insurance Awards 2021

Written by: Andrew Broadley | Last updated: September 16, 2021