| Vehicle value basis | - market_default: yes — 'pay the Market Value of the Insured Vehicle stated in the Vehicle Schedule or Declaration.'
- agreed_available: yes — 'Where Your Schedule shows an Agreed Value We will pay the value as specified in the Schedule.'
- total_loss_basis: if We consider the Insured Vehicle uneconomical to repair, We will at Our option replace it with a Vehicle of the same age, make and model and in similar condition; or pay the Market Value of the Insured Vehicle stated in the Vehicle Schedule or Declaration. Where Your Schedule shows an Agreed Value We will pay the value as specified in the Schedule.
- sum_insured_indexation: no — no indexation provision found in the wording
| - market_default: yes — 'we will pay you the market value of the insured vehicle'
- agreed_available: yes — 'Section 1: Optional Policy Extensions – Agreed Value': 'In the event of a total loss covered under Section 1, we will pay the agreed value as specified in the schedule.'
- total_loss_basis: If we consider the vehicle is a total loss, we will settle your claim by whichever of the following applies: a. we will pay you the market value of the insured vehicle; or b. if the insured vehicle is hired, rented, borrowed or loaned we will pay the market value of that vehicle to a maximum of $250,000; or c. we will replace the insured vehicle as outlined in 'Section 1: Automatic Extensions – New Replacement Vehicle'; or d. if the insured vehicle is leased, we will settle as outlined in 'Section 1: Automatic Extensions – Lease Value'; or e. If 'Section 1: Optional Policy Extensions – Agreed Value' applies, we will pay you in accordance with the terms of that extension.
- sum_insured_indexation: no — not mentioned in wording
|
| Excess options (NZD) | - at_fault: The Excess shall be refunded for a No Fault claim unless specified in the Schedule or related extensions.
- standard: as per the Schedule
- unnamed_driver: as per the Schedule
- under_25_driver: The Excess will be cumulative where there is more than one Excess applicable and it is stated as such on the Schedule, including the under 25 years old Excess.
| - theft: Where the cause of loss is theft or unlawful conversion or fire (fire not resulting from impact) to the insured vehicle, no excess will apply to the Section 1 claim unless stated in the schedule or payable under any 'Section 1: Automatic Policy Extension' or 'Section 1: Optional Policy Extension'.
- at_fault: not specified — not mentioned in wording
- standard: shown in the schedule
- unnamed_driver: not specified — not mentioned in wording
- fleet_aggregate: If more than one insured vehicle suffers loss from a single event, only one excess shown in the schedule will apply, being the highest excess, together with any excess payable under any extension in 'Section 1: Automatic Policy Extensions' or 'Section 1: Optional Policy Extensions'.
- under_25_driver: not specified — not mentioned in wording
- inexperienced_driver: not specified — not mentioned in wording
|
| No-claims bonus | Not on file. | Not on file. |
| Claims basis | occurrence — cover applies to an 'Event' defined as 'any occurrence or series of occurrences arising from one source or original cause within a 72-hour period' | occurrence — cover applies for accidental loss 'occurring anywhere in New Zealand ... during the period of insurance' |
| Territorial scope | New Zealand — 'Accident or Accidental means sudden, unforeseen, unexpected, and unintended Event occurring in New Zealand during the Period of Insurance.' | We will insure you for accidental loss to an insured vehicle occurring anywhere in New Zealand, including transit between islands of New Zealand, during the period of insurance. |
| Hire-car cover | - after_theft: yes — 'If an Insured Vehicle suffers Loss or Damage directly arising from theft or illegal conversion covered under Section 1, then this Policy is extended to cover the reasonable costs of hiring another Vehicle of a similar make, model and specification'
- days_after_not_at_fault: cover begins 7 days from the date the Insured Vehicle was stolen/converted and notified to the police; ends once the Insured Vehicle is recovered, repaired and returned to the Insured, or We have settled the Insured's claim under this Policy (Theft – Hire of Alternative Vehicle automatic extension)
| - after_theft: yes — 'Theft Cost – Hire of alternative vehicle': covers necessary and reasonable costs of hiring another vehicle of a similar make and model following theft or unlawful conversion; the cost of the first 7 days of hire is not covered; maximum $5,000 for any one event unless a different amount is shown in the schedule
- daily_cap_nzd: daily rate shown in the schedule (applies when no similar vehicle is available for hire)
- days_after_at_fault: covered under optional 'Loss of Use' extension (schedule-stated limit); excess equal to cost of first 7 days hire applies
- days_after_not_at_fault: covered under optional 'Loss of Use' extension (schedule-stated limit); excess equal to cost of first 7 days hire applies
|
| Windscreen excess (NZD) | unless specified on the Schedule no Excess applies to the claim | nil — 'If your claim under Section 1 is solely for loss to windscreens, sunroof, headlights, tail lights, indicator light glass, mirror glass or window glass (including scratching or damage to bodywork resulting solely from broken glass) then no excess applies to this extension, unless otherwise shown in the schedule.' |
| Glass cover | - side_rear_covered: yes — 'This Policy is extended to cover Accidental Loss or Damage to windscreens, sunroofs, or window glass (including scratching or damage to bodywork resulting solely from broken glass) installed in the Insured Vehicle'
- no_excess_for_repair: yes — 'unless specified on the Schedule no Excess applies to the claim'
| - side_rear_covered: yes — 'windscreens, sunroof, headlights, tail lights, indicator light glass, mirror glass or window glass' are all covered under the Windscreens and Window Glass extension
- no_excess_for_repair: yes — no excess applies where claim is solely for windscreen/window glass loss (including repair), unless otherwise shown in the schedule
|
| Driver schedule | - any_driver_cover: yes — 'Authorised Driver means any driver operating the Insured Vehicle with the Insured's prior consent.'
- driver_age_limits: an under 25 years old Excess applies as stated in the Schedule; 'The Excess will be cumulative where there is more than one Excess applicable and it is stated as such on the Schedule, including the under 25 years old Excess.'
- named_drivers_required: no — cover applies to any Authorised Driver (any driver with prior consent of the Insured)
| - any_driver_cover: yes — 'There is only cover under this policy when any vehicle insured under this policy is being used by any driver with your consent'
- driver_age_limits: not specified — no minimum age stated in wording; learner drivers permitted provided 'all requirements of the law are being complied with' (per Unlicensed Drivers exclusion exception)
- named_drivers_required: no — any driver with insured's consent is covered
|
| Vehicle types covered | - cars
- station wagons
- utilities
- vans
- SUVs
- trucks
- heavy commercial vehicles
- mobile plant and machinery (cranes, forklifts, excavators, lifting machinery/platforms, log haulers, skidders, rollers, graders, bulldozers)
- electric/hybrid/hydrogen vehicles
- autonomous vehicles
- vehicles used for the Insured's Business
| Not on file. |
| Goods in transit | - included: yes — automatic extension 'Property In Transit – Your Own Property' covers Loss or Damage to the insured's owned physical property directly arising out of an Accident involving the Insured Vehicle; 'Property In Transit – Third Party Property' is an optional extension under Section 2
- sub_limit_nzd: as shown in the Sublimits and Excesses section in the Schedule
| - included: yes — automatic extension: 'Section 1 is extended to cover loss to goods owned by you, that are being carried on or in an insured vehicle, for the purpose of a single relocation (such as a delivery to a customer's premises or to a warehouse) resulting from loss to an insured vehicle covered under Section 1 of this policy.'
- sub_limit_nzd: 10000
|
| Mobile plant cover | Plant and Machinery including but not limited to cranes, forklifts, excavators, lifting machinery/platforms, log haulers, skidders, rollers, graders, bull dozers is covered subject to the condition that all persons operating such vehicles must be fully trained and qualified, must not operate beyond manufacturer's specifications or recommendations, and must comply with Health and Safety In Employment (Pressure Equipment, Cranes, And Passenger Ropeways) Regulations 1999. There is no cover while the vehicle is being used or operated as plant or machinery and not operating solely as a Vehicle (Section 2 exclusion: Operation Of Plant Or Machinery). | Ingestion or Entanglement of Foreign Objects extension covers accidental loss resulting from entry, entanglement or ingestion of any foreign object into any mulching, chipping or agricultural implement or machine, up to $50,000 per event. Hoists, Hydraulic Lifts and Rams extension covers mechanical breakdown or mechanical failure of hoists or hydraulic rams permanently attached to the insured vehicle up to $10,000 per event (excess $500). Off Road Tyre/Track Damage extension covers accidental loss to tyres or tracks fitted to an insured vehicle not principally used for driving on public roads. Section 2 excludes liability from the use of mechanical plant components while used for their designed purpose, except for vehicle-mounted mechanical plant used to load/unload or any fork hoist. |
| Hired-in plant | Substitute Vehicles and Rental Vehicles are covered under optional extensions. 'Substitute Vehicles' (Section 2 Automatic Extension) covers liability to the Vehicle owner for damage up to the Schedule limit and liability to third parties where the Insured or Authorised Driver hires, rents or borrows a Substitute Vehicle (subject to declining the owner's statutory offer of insurance). 'Hired And Rented Vehicles' (Section 2 Optional Extension) covers liability for Rental Vehicles. 'Employees' Vehicles' (Sections 1 and 2 Optional Extension) covers vehicles owned by employees used for the Insured's Business. | Hired In Vehicles (General Policy Extension): If you hire in or rent in a vehicle during the period of insurance and you accept the rental owner's statutory offer of insurance, this extension covers: 1. Liability to third parties for the difference between the amount payable under the statutory offer of insurance and the maximum amount payable under Section 2; 2. The difference between the Section 1 excess under this policy and any deductible that would have been applicable under the rental vehicle owner's insurance. Also: 'Hired in Vehicle – Consequential Loss' (Section 2 automatic extension) covers liability to the owner of a hired/rented vehicle for consequential losses caused by a Section 1 loss, up to $50,000 per event, where you reject the owner's statutory offer of insurance. |
| Drive other vehicle | Section 2 Automatic Extension 'Substitute Vehicles': If the Insured or Authorised Driver hires, rents or borrows a Substitute Vehicle during the Period of Insurance, subject to the Insured declining the Rental Vehicle owner's statutory offer of insurance, this extension covers the Insured's liability to the Vehicle owner for any Damage up to the limit specified in the Schedule; and to third parties as provided under Section 2; and for consequential loss caused by it arising out of Accidental Loss or Damage to the Substitute Vehicle. This cover does not apply where the Vehicle is a Rental Vehicle. | Vicarious liability extension (Section 2 automatic): covers your legal liability while any vehicle not belonging to you and not provided by you is being used for your business by any person in your employment, or any vehicle hired in by you is being used for your business by any hired-in or temporary driver. Does not cover loss to that vehicle or property being transported by it, nor liability also covered under other existing insurance. No general 'drive other vehicle' extension for individual named drivers driving vehicles other than the insured vehicle is provided. |
| Modifications | - must_be_declared: yes — 'This Policy does not cover Loss or Damage to, or as a result of any Modifications unless such Modifications have been advised by You to Us and noted on the Schedule.'
- performance_mods_excluded: yes unless declared — 'Modifications means any change made to a Vehicle from the manufacturer's standard specifications. This includes any performance upgrades or changes, or changes to an Insured Vehicle that alters the use of that Vehicle.'
| - must_be_declared: yes — 'You must tell us immediately if there are any: a. Modifications to an insured vehicle' and disclosure duty requires disclosure of 'Any non-factory modifications (whether structural, performance or cosmetic) to an insured motor vehicle.'
- performance_mods_excluded: not explicitly excluded — undisclosed modifications may affect cover via duty of disclosure breach
|
| Natural disaster cover | - flood_covered: yes — 'being partly or fully immersed in a body of water' listed in the write-back to Vehicle Parts exclusion; natural disaster listed as a write-back trigger
- storm_covered: yes — hail, snow, storm or lightning listed in the write-back to Vehicle Parts exclusion; natural disaster also listed as a write-back trigger
- volcanic_covered: yes — natural disaster listed as a write-back trigger in Vehicle Parts exclusion
- earthquake_covered: yes — natural disaster listed as a write-back trigger in Vehicle Parts exclusion
| - flood_covered: yes — 'the insured vehicle being partly or fully immersed in a body of water' listed as event reinstating Vehicle Parts cover; natural disaster referenced as covered peril throughout
- storm_covered: yes — hail, snow, storm or lightning listed as events that reinstate Vehicle Parts cover exclusion exceptions
- volcanic_covered: yes — covered under 'natural disaster' peril referenced throughout the policy
- earthquake_covered: yes — 'natural disaster' referenced as a covered peril and as an exception to Vehicle Parts exclusion
|
| Exclusions | - Loss or Damage to any Accessories
- any Loss or Damage, costs or expenses that result from loss of use; consequential loss including loss of profit; or depreciation or any loss in value
- Loss or Damage to any part or component of a drilling rig or machinery whilst being used for drilling below ground level
- Loss or Damage to any Insured Vehicle that has been hired, rented or lent out by the Insured, Authorised Driver or an employee
- Loss or Damage to engine and engine parts, cooling systems, hydraulic systems, transmission systems, fuel systems, braking systems, electrical/electronic systems, computer systems, software, mechanical systems, pumping and vacuuming systems, any fixed plant machinery, and underground exploratory devices (subject to write-back for fire, impact/collision, immersion, theft/conversion, malicious damage, hail/snow/storm/lightning, animal impact, natural disaster)
- Loss or Damage where any vehicle is being used on a racetrack, or for pacemaking, speed tests, reliability trials, hill climbs, motorsport events or targas, rallies or while being used in preparation for any one of these activities
- wear and tear; rust or corrosion; and/or any failure of, or any defect in, design, specification, construction or materials of the Insured Vehicle
- liability arising out of a contract or agreement unless the Insured would have been liable at common law in New Zealand
- any legal defence costs, fines or court costs arising from the prosecution of any Criminal offence under any Act or Regulation
- liability for death or Bodily Injury to, or Loss or Damage to any property owned by, any driver who has made a claim under Section 2
- liability for Punitive or Exemplary Damages or fines (subject to write-back extension)
- liability determined by any Court or tribunal outside New Zealand
- liability caused directly or indirectly while any Insured Vehicle or component is being used or operated as plant or machinery and not operating solely as a Vehicle
- liability for personal property owned by or in the care, custody or control of You or Authorised Driver or employee
- liability for Loss or Damage to any property or Bodily Injury arising from vibration or weight of load or vehicle (subject to write-back extension)
- liability for Bodily Injury covered by the Accident Compensation Act 2001
- any person under the influence of alcohol, drugs or any other intoxicating substance or exceeding legal blood/breath alcohol or drug limits
- any person who after the Event refuses to stop for police, or fails or refuses to take any tests to confirm alcohol or drug content when lawfully required
- Loss or Damage, or liability connected in any way with confiscation, destruction, acquisition, designation, or decision by government or local authorities
- Loss or Damage or liability for any Insured Vehicle, plant or machinery that is loaded or operated in excess of manufacturer's recommended specifications, or illegally loaded or operated
- any charges or costs payable to a credit hire or hire reimbursement company or liability for loss of use costs or substitute vehicles to any third party
- Loss or Damage, or liability arising from any intentional, deliberate or reckless acts or omissions by the Insured or an Authorised Driver
- Loss or Damage to, or as a result of any Modifications unless such Modifications have been advised by You to Us and noted on the Schedule
- Loss, theft, Damage, impairment, disablement or loss of use of a vehicle, or any legal liability arising from death, bodily injury or third party property damage caused by use of or failure of any application, software, or programme; electronic device connected to vehicle; computer virus, ransomware, code or software; theft of or loss of access to telematic device or electronic data; or any threat, deception or hoax relating to any of the above
- Loss or Damage caused directly or indirectly by ionising radiations, radioactive contamination, or radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component
- any Loss to the extent that providing cover would expose Us or Underwriters to any legally enforceable sanction, prohibition, restriction, measure, ban or imposition under applicable laws
- loss, damage, cost or expense directly or indirectly caused by, resulting from or in connection with any act of terrorism
- Loss or Damage or liability when any Insured Vehicle is being used by a person who does not hold a valid New Zealand driver's licence appropriate for the class or operation of the Insured Vehicle
- Loss or Damage or liability if the Insured Vehicle is being used in an unsafe or unroadworthy condition
- Loss or Damage or liability to any Insured Vehicle where it is being used in breach of any work time or logbook rules or regulations
- Loss or Damage directly or indirectly occasioned by war, invasion, acts of foreign enemies, hostilities, civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalisation or requisition
| - loss of use of any kind whatsoever, or costs or expenses that result from that loss of use, unless expressly insured
- depreciation or reduction in value
- loss to any drill shaft or bit of any type of drilling rig or machinery whilst being used for the purpose of drilling below ground or surface level
- loss caused by or in connection with the insured vehicle's faulty or defective design, specification or materials (limited to the part immediately affected)
- damage to or destruction of tyres (unless resulting from separate covered loss)
- loss to engine and all engine parts, cooling systems, hydraulic system, transmission system, fuel systems, braking systems, electrical/electronic systems, pumping and vacuuming systems, any fixed plant machinery, underground exploratory devices (unless resulting from fire, overturn, impact/collision, immersion, theft/conversion, malicious damage, hail/snow/storm/lightning, natural disaster, or animal impact)
- loss caused by or in connection with wear and tear; rust or corrosion; action of light and fading
- liability for bodily injury covered by the Accident Compensation Act 2001
- loss or liability when a vehicle is driven by a person whose breath or blood alcohol exceeds the legal limit
- loss or liability when a vehicle is driven by a person under the influence of any intoxicating substance or drug
- loss or liability when a vehicle is driven by a person who fails or refuses to supply a breath or blood sample as required by law
- loss or liability when a vehicle is driven by a person who fails or refuses to stop, or remain at the scene, following an accident as required by law
- loss or liability arising from use in connection with asbestos in any form
- loss or liability in connection with confiscation, nationalisation, requisition, destruction of, or damage to property by order of any Government, Public or Local Authority (unless to prevent/control accidental loss otherwise covered)
- loss or liability when a vehicle is driven in breach of any enactment or regulation relating to 'Work Time and Log Books' requirements under New Zealand Law
- loss of any electronic data in a computer operating system, programme, software, information repository, microchip, integrated circuit or similar device
- loss or liability in connection with any actual or alleged dishonest, fraudulent, criminal, unlawful, or malicious act or omission
- loss or liability in connection with wilful breach of any statute, contract, or duty
- loss or liability in connection with conduct intended to cause damage, loss, or liability with reckless disregard for the consequences
- loss or liability of any type in connection with nuclear weapons material, ionising radiations or contamination by radioactivity
- loss or liability if the vehicle is loaded or operated contrary to the manufacturer's recommended specifications or contrary to regulations or statute
- loss or liability of any type to the extent that provision of cover would contravene any sanction, prohibition or restriction under any United Nations resolution or trade or economic sanctions
- loss or liability of any type in connection with seepage, pollution or contamination, unless sudden, unintended and unexpected
- loss or liability of any type in connection with any act of terrorism
- loss or liability of any type in connection with any activity, event or occurrence deemed to be unlawful to insure against
- loss or liability if the insured vehicle is driven by any person who does not have a licence in full force and effect, or is not complying with the conditions of their licence
- loss or liability if the vehicle is being used in an unsafe condition
- loss or liability arising from use whilst hired out or leased out to a third party for reward
- loss or liability arising from use on a race track, or for pace making, reliability trials, hill climbs or speed tests, or while being used in preparation for any one of these activities
- loss or liability of any type in connection with war, invasion, act of foreign enemy, hostilities or warlike operations, civil war, civil commotion, military rising, mutiny, rebellion, revolution, insurrection, military or usurped power
- liability determined by any court outside New Zealand
- liability arising directly or indirectly out of the use of any mechanical plant component while it is being used or operated for the purpose for which it was designed (e.g. the operation of a crane or back hoe), except for vehicle-mounted mechanical plant used to load/unload or any fork hoist
- liability for loss to any property that belongs to, or is/was in your care, custody or control (with stated exceptions)
- liability in connection with the transporting of a load to, or away from, the insured vehicle (excluding actual loading or unloading)
- liability for loss to any vehicle that is insured under this policy
- liability for punitive or exemplary damages (except as extended by Exemplary Damages extension)
- liability arising out of a contract or agreement unless you would have been liable even without such contract or agreement
- any legal defence costs, fines or court costs arising from the prosecution of any offence under any Act of Parliament
|