Compare car insurance

Looking for cheaper car insurance? See how much you can save when you compare quotes

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We aim to make getting the best deal on your car insurance easy by giving you the all the information you need on one place.

In our comprehensive guide we compare quotes from the AA, AMI, Tower, State and other top insurers to help you pick the cheapest cover for your car and show you how much you can save when you switch insurers.

We also show you all the ways you can save on your car cover, from buying online, paying for your cover annually, bundling policies together, and many more.

Compare car insurance NZ

Name Product Legal Liability Agreed or Market Value Accidental Damage Roadside Assistance
AMI Comprehensive Car Insurance
$20,000,000
Agreed
Yes
Optional
Agreed value cover and choose an excess that works for you. Add AMI's Standard Breakdown Service for $32 per year, including three call outs per year.
Tower Comprehensive Car Insurance
$25,000,000
Agreed or Market
Yes
Optional
Save $50 when you buy your policy online and earn Airpoints Dollars. Get a multi-policy discount of up to 20%. Optional roadside assistance.
State Comprehensive Car Insurance
$20,000,000
Agreed
Yes
Optional
Save $50 when you buy online. Optional roadside rescue, windscreen glass cover and hire car add ons.
Cove Comprehensive Car Insurance
$20,000,000
Agreed
Yes
Optional
Cove offers monthly contracts you can cancel any time.
AA Comprehensive Car Insurance
$20,000,000
Agreed
Yes
Yes
Save with multi-policy discounts and exclusive discounts for AA members. Lifetime repair guarantee for parts and workmanship.
The Warehouse Everyday Plus Comprehensive Car Insurance
$20,000,000
Agreed
Yes
Optional
Agreed value cover with lifetime guarantee on repairs. Most claims handled by phone with no forms to fill in.
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Name Product Legal Liability Agreed or Market Value Accidental Damage Roadside Assistance
AMI Third Party, Fire and Theft Car Insurance
$20,000,000
Agreed
Yes
No
Optional cover for glass breakage, medical expenses and accidental death. No-claims discount of up to 60%.
Tower Third Party, Fire and Theft Car Insurance
$25,000,000
Market
Yes
Optional
Save $50 when you buy your policy online and earn Airpoints Dollars. Get a multi-policy discount of up to 20%. Optional roadside assistance.
State Third Party, Fire and Theft Car Insurance
$20,000,000
Agreed
Yes
Optional
Save $25 when you buy online. Optional roadside rescue and windscreen glass cover add ons.
AA Third Party, Fire and Theft Car Insurance
$20,000,000
Agreed
Yes
No
Save with multi-policy discounts and exclusive discounts for AA members. Lifetime repair guarantee for parts and workmanship.
The Warehouse Third Party, Fire and Theft Car Insurance
$20,000,000
Market
Covered up to the amount on your schedule
Optional
Market value up to the amount covered. Up to $5,000 for damage caused by uninsured drivers.
Protecta Third Party, Fire and Theft Car Insurance
$10,000,000
Agreed
Yes
No
Discounts for named drivers only and excluding under 25s. Full no-claims bonus applied to new quotes.
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Compare up to 4 providers

Name Product Legal Liability Agreed or Market Value Accidental Damage Roadside Assistance
AMI Third Party Car Insurance
$20,000,000
Agreed
No
No
No-claims bonus of up to 60%. Multi saver discount when you have two or more policies with AMI.
Tower Third Party Car Insurance
$25,000,000
Agreed or Market
Yes
Optional
Save $50 when you buy your policy online and earn Airpoints Dollars. Get a multi-policy discount of up to 20%. Optional roadside assistance.
State Third Party Car Insurance
$20,000,000
Agreed
Yes
Optional
Save $10 when you buy online. Optional roadside rescue and windscreen glass cover add ons.
AA Third Party Car Insurance
$20,000,000
Market
No
No
Save with multi-policy discounts and exclusive discounts for AA members. Lifetime repair guarantee for parts and workmanship.
The Warehouse Third Party Car Insurance
$20,000,000
Market
Yes
Optional
No-stress claims with no forms to fill in in most cases. Includes legal liability and damage by uninsured drivers.
Protecta Third Party Car Insurance
$10,000,000
Agreed
Yes
No
Discounts for named drivers only and excluding under 25s. Full no-claims discount applied to new quotes.
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Compare up to 4 providers

Name Product Legal Liability Agreed or Market Value Accidental Damage Roadside Assistance
RentalCover.com Rental Car Insurance
$20,000.000
Market
Yes
Yes
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Compare up to 4 providers

Which is the cheapest car insurance?

We got online quotes from six car insurance providers to see how their prices stacked up for drivers based in different parts of New Zealand. We used the same individual profile, vehicle and driving history, with the only variable being the address where the car is primarily kept.

Of all the quotes we compared, the three cheapest car insurance providers were AMI, AA and Trade Me. AMI gave us the lowest quote across all locations in our sample.

InsurerAucklandHamiltonChristchurchWellingtonDunedin
AA$822.08$662.61$672.49$632.75$606.30
AMI$694.36$571.32$620.31$620.31$583.20
Cove$877.44$683.76$770.64$790.56$677.16
State$873.12$786.55$846.25$795.08$731.12
Tower$809.06$702.89$831.81$755.98$667.06
Trade Me$695.57$676.51$792.18$724.13$644.37

All quoted prices are for one year of cover. All quotes were gathered on 15 and 16 July 2020.

So will these insurers give you the cheapest quote?

Not necessarily. Our quotes represent a snapshot of the market and are only an indication of how cheap or expensive an insurer may be. They also show the importance of comparing car insurance quotes since there can be substantial differences between providers. In our selection, quoted prices differed by as much as 36%, which could amount to a saving of hundreds of dollars every year.

Insurers take lots of details into account when pricing their insurance, and they don’t all look at these details in the same way or give them the same importance.

For example, Tower and Trade Me want to know if your car is normally parked on the street, or somewhere else such as in a driveway or garage. You may get a lower quote if your car is somewhere a little more secure. Most other providers we checked only look at your address.

State, Tower, AMI, AA and Trade Me also offer a multi-policy discount that can be as much as 20%. If you already have home or contents cover with one of these insurers it’s definitely worth seeing how much you could save. Y

In summary, take the time to compare quotes as it really will help you find the best (and cheapest) cover for your car.

    • How to compare different car insurance to get the best deal

      The ideal car insurance policy is one with an affordable price tag and the right amount of cover for your needs. If you have too much protection, you’ll be over-insured and spend more than you need. If you have too little, you’ll be under-insured and not efficiently protected.

      The trick is to find the right balance of cost and cover for your needs. Try running through this car insurance, buying checklist to discover your next policy.

      Car insurance buying guide

      Here’s a quick walk through how to find the right car insurance. The three steps are deciding, comparing and buying.

      Deciding

      • Decide on your cover type. What type of cover do I need? Comprehensive, third party, and third party fire and theft car insurance policies all offer different types of protection. You should know what kind of insurance you’re looking for before reviewing policies.
      • Consider special cover types. If you want less than 12 months of insurance cover, you may want to look at short-term car insurance. If the general market value of your vehicle isn’t an accurate reflection of its worth, eg it’s modified, then you will probably want to narrow your search to agreed value car insurance providers.
      • Work out your preferred excess. Consider how much you are willing and can pay as an excess in the event of a claim. Think of this amount as the damage threshold, which determines whether or not you’ll claim if something happens. You often have the option to choose your own excess, but try to stick to the amount that you decide works for you.
      • Consider the options. There is a range of choices available. Some of the useful bonuses to think about are roadside assistance; lock and key replacements and excess-free windscreen and glass replacements. If you have a new car, you might want to check a policy’s new for old replacement terms.

      Once you decide what you need, you can start looking for suitable options.

      After this, you might be ready to start buying.

      Buying

      • Nominate or restrict drivers. If no one under 25 will ever drive your car, it can be worth restricting drivers on your policy to receive lower premiums. If you know precisely who will be driving your car, you may be able to nominate specific drivers.
      • Opt-in or out of extras. Are you able to opt out of unwanted extras to save money, or choose desirable ones?
      • Remember that you can switch later. There’s a cool-off period after taking out a policy where you can cancel for a refund (provided you haven’t made any claims), and will also be able to switch policies later. A car insurance “lazy tax” might apply if you get complacent, so it can pay to get more car insurance quotes regularly, before renewal time.

      How Finder helps you choose

      Don’t like flicking through fine print? Got better things to do than check if a car insurer offers roadside assist? We’re here to help you Find Better.

      At Finder we do all the heavy lifting for you. We spend countless hours looking through policy documents so you don’t have to and highlight the important policy features in a table so you can compare policies side-by-side. Features we look at include:

      • Roadside assist
      • Accidental damage
      • Choice of repairer
      • Agreed or market value
      • And more
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      We want what’s best for you.
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      What other guides does Finder have on car insurance?

      Types of car insurance

      Comprehensive

      Comprehensive

      If you want top cover, this is the option for you.

      It covers theft, vandalism, storms, flood, hail, fire, key replacement, emergency accommodation, hire cars, accidental damage (to name a few) – plus everything that’s covered by cheaper policies.


      Fire and theft

      Third Party Fire & Theft

      This gives you that little bit extra cover against life’s uncertainties. This protects you if your car is stolen, as well as covering you for fire damage.

      You’re also covered if your car causes damage to someone else’s property. But this type of policy won’t really cover you if you’re in an accident with another vehicle.


      Third party property

      Third Party

      The most basic policy. This provides coverage for any damages you may cause to someone else’s vehicle or property.

      This means that if you smash into a Mercedes, you won’t be paying the repair costs from your own pocket. However, it won’t cover your own repair costs.


      Do you need car insurance in New Zealand?

      Unlike in other countries, car insurance is not a legal requirement when you own a vehicle in New Zealand. Injuries are covered by ACC, but if you cause an accident you are likely to be left with a hefty bill to repair the vehicles and property involved.

      At a minimum, third party insurance covers your legal liability if you damage someone else’s property, but third party insurance won’t be much use if you find that your vehicle has been stolen or broken into.

      In 2019, 24,416 vehicles across the country were reported as being stolen or vandalised, with the top 5 hotspots being Lower Hutt, Palmerston North, Wellington, Napier and Auckland.

      Find out more about car theft in your area in our NZ Car Theft Statistics 2020 report.

      Your car could be stolen at any time, anywhere, so you should consider an insurance policy that includes theft of your vehicle. Third party, fire & theft provides cover for stolen vehicles and fire damage, but you’ll still be left with a repair bill if you are in a road accident.

      Another point to consider is that many lenders require you to have comprehensive insurance when you take out finance for a vehicle purchase and have them listed as a named party on the policy. This is to ensure that you don’t get even more in the red should something happen to your car and you need to pay for repairs or a replacement.

      Seven hacks to cut your premiums

      1. Take advantage of discounts. When looking around for cover, see if you can get a loyalty discount or a deal for new customers. Some insurance providers will also supply a discount of up to 15% for taking out your policy online.
      2. Pay a higher excess. The excess is an amount you pay when you want to make a claim. If you increase this amount, your insurance company perceives you as less likely to make a claim. This helps bring down the overall cost of your premium.
      3. Restrict certain drivers. Most policies give you a cheaper premium if you restrict specific drivers from taking your wheels for a spin. Consider restricting drivers like under 25s, seniors, learners, or restricted licenses.
      4. Understand how your vehicle make and model affects your premium. If you haven’t purchased a car yet, get insurance prices for a variety of car models. You might be surprised how much the car you drive can have an effect on how much car insurance costs.
      5. Bundle your policies together. If you already have home insurance, consider sticking with the same provider for your auto insurance. When you group multiple policies, you can benefit from a multi-policy discount which can take a significant chunk out of your car insurance premium.
      6. Keep a clean driving record. Obviously no one goes out of their way to receive a fine. However, your driving record and the history of the claims you lodge are used to determine how much of a risk you pose to the insurance company. The higher the level of risk, the more you have to pay. Conversely, if you have a good driving record and haven’t lodged many claims or none at all, there’s a good chance you’ll receive a better deal on your premium.
      7. Compare! It pays to do your research. Get multiple quotes from different insurers to make sure you’re getting the best quote out there. Don’t be fooled by policies that are ridiculously cheap, as this can sometimes compromise your cover. Don’t be afraid to switch providers to get the a new deal.

      Looking to switch insurers?

      There are many reasons why you might want to leave your current insurer. Your circumstances might have changed; you might be paying a bucket load, or maybe you’re just fed up with their customer service. We get it! If you’re unhappy, there’s no reason why you can’t switch to another company.

      There are a few times where you should actively consider changing policy. If your circumstances have changed, chances are, your premiums may alter too. Consider finding a new insurer when:

      • Your policy comes up for renewal
      • You change cars
      • You move into another home
      • The number of drivers using your car changes
      • You’ve just celebrated a birthday, (especially your 25th birthday)
      • Your driving record has changed

      Why changing insurers isn’t that hard

      So, you figure out you’re excessively charged for your car insurance. You’re probably thinking about switching, and if you’re not, maybe you should.

      There’s a common misconception that changing car insurance is a huge hassle. In reality, it isn’t as hard as you think.

      Here’s how to do it.

      Step 1: Find a new car insurance policy

      Before you abandon ship, it’s a good idea to have another one you can climb aboard. Compare car insurance policies side-by-side. Be sure to consider not just price but what features you need in a policy and how much cover you want, especially if you’re looking at a comprehensive policy.

      Step 2: Take out the new policy before you cancel the old one

      When do you want to switch? Some people prefer to do it so they can benefit from discounts from their new company, while others like to change at the end of the payment period.

      If you’re switching companies mid-policy, take note of the cancellation fee. This fee is usually in your policy documentation, so check it out to see how much you need to pay.

      Ensure you have a thorough read of your new Product Disclosure Statement (it’s just some light reading). Before you cancel your old policy, make sure you accept the new policy and have the letter of confirmation from the insurer. This prevents you being without cover while you change over.

      Step 3: Cancel your old policy.

      Inform your old insurer in writing that you are cancelling your policy. Ensure you receive written confirmation that the policy is cancelled.

      Aim for your new policy to take effect on the same day your old policy is cancelled.

      Step 4: Profit!

      Enjoy the benefits that come with looking around for the right and car insurance switching to a better policy. Go buy yourself something fantastic!

      Still not sure? Your questions about car insurance answered

      Finding the right cover

      Policy information

      Purchasing, renewing or cancelling your policy

      What you will/won’t be covered for

      Compare car insurance from New Zealand brands


      Read more on this topic

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      2 Responses

      1. Default Gravatar
        AgnesOctober 12, 2018

        Bus driver crashes into my car. Their unsurance said they cannot pay for the cost that exceed the value of my vehicle. They offer me 1,800 and they will have to take the car as they consider it should be written off?
        What shall I do?

        • Avatarfinder Customer Care
          JoshuaOctober 15, 2018Staff

          Hi Agnes,

          Thanks for getting in touch with finder. I hope all is well with you. :)

          This usually happens when your car is already beyond repair. If the insurer considers the cost of repair to be uneconomical and impractical, then it will be classed an insurance write-off. When your vehicle is written off, the insurance company pays you the current value of the vehicle, instead of the cost of repairing it.

          You need to remember your right as the car owner when it comes to making an insurance claim. Please visit this government site to learn more.

          I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

          Have a wonderful day!

          Cheers,
          Joshua

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