My car insurance through Trade Me (Tower) is about to renew and the new cost is 100% higher. Any recommendations for a new insurer or are we powerless to prevent these increases?
If you crashed your car, would you be able to buy a new one?
If yes, consider third party insurance. Through ANZ (who resell Vero) the third party cover has always been cheap for us. We recently switched to full cover but I’m not convinced it’s worth it. Previously we were paying perhaps $150 per year per car (no fire/theft/windows, just cover for the other party).
I hadn’t thought about that, having always had comprehensive cover, but it’s worth investigating, thanks.
You should get new quotes every time your policy comes up for renewal. Moneyhub has some good comparison guides you can use narrow down which provider is worth getting quotes from.
I’ve moved around a few insurers in the last few years, but I haven’t actually claimed in all that time so outside of finding the cheapest I can’t give any insight into their claims process