| 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 — default basis of settlement: 'pay the market value of the insured vehicle or the value stated in the vehicle declaration, whichever is the lesser'
- agreed_available: yes — optional extension: 'Agreed Value — In the event of a total loss covered under Section 1, we will pay the amount specified in the schedule.'
- total_loss_basis: We will, at our option, settle your claim for loss in one of the following ways: pay the market value of the insured vehicle or the value stated in the vehicle declaration, whichever is the lesser; or if any insured vehicle is subject to the Agreed Value option shown in the schedule then in the event of a total loss, we will pay the Agreed Value sum shown in the schedule; or if the insured vehicle is hired, rented, or borrowed or loaned we will pay the market value of that vehicle to a maximum of $250,000.
- sum_insured_indexation: no — not mentioned in wording
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| 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 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.
- standard: The excess shown in the schedule — specific amounts not stated in wording, set per schedule
- 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.
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| 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 to an insured vehicle 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.' | Cover applies 'anywhere in New Zealand, including transit between islands of New Zealand, during the period of insurance.' Section 2 liability cover applies 'occurring in New Zealand during the period of insurance.' Exclusion: 'Liability determined by any court outside New Zealand.' |
| 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: Theft Costs automatic extension covers the necessary and reasonable costs incurred by you of hiring another vehicle of a similar make and model; the cost of the first 7 days of hire is not covered; the most we will pay under this extension is $5,000 for any one event, unless a different amount is shown in the schedule
- daily_cap_nzd: The daily rate shown in the schedule (applies where no similar vehicle is available for hire); the most we will pay under this extension for any one insured vehicle is the limit stated in the schedule
- days_after_at_fault: Loss of Use optional extension: maximum Period of Cover is 90 days; an excess equal to the cost of the first 7 days hire applies to all claims under this extension
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| Windscreen excess (NZD) | unless specified on the Schedule no Excess applies to the claim | No excess applies to the Windscreens and Window Glass 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 — 'you are insured for accidental 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)'
- no_excess_for_repair: No excess applies to this extension, unless otherwise shown in the schedule.
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| 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 in the wording; no minimum age or learner-licence rules stated beyond the general unlicensed driver exclusion and the exception: 'the vehicle is being used for the purpose of teaching a learner to drive, if all requirements of the law are being complied with'
- named_drivers_required: no — cover applies to any driver with the insured's consent
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| 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
| - cars
- station wagons
- utilities
- vans
- four-wheel drives
- trucks
- mechanical plant
- vehicles with hoists or hydraulic rams
- vehicles with mulching, chipping or agricultural implements
- drilling rigs
- vehicles transporting goods for reward
- vehicles transporting fare-paying passengers
- vehicles used for airside operations
- unspecified trailers
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| 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: 'Goods in Transit — If an insured vehicle suffers loss caused by an event covered under Section 1, this extension covers loss directly caused by the same event to goods owned by you carried on or in the insured vehicle at the time of the loss for the specific purpose of a single relocation (such as a delivery to customer's premises or to a warehouse).'
- sub_limit_nzd: 10000
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| 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). | Section 1 covers accidental loss to insured vehicles including mechanical plant. The 'Appreciation – Mechanical Plant' extension covers appreciation of market value of mechanical plant up to 25% of the value specified in the vehicle declaration. The 'Ingestion or Entanglement of Foreign Objects' extension covers 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. The 'Off Road Tyre/Track Damage' extension covers loss to tyres or tracks fitted to an insured vehicle not principally used for driving on public roads up to $5,000 per period of insurance. Section 2 excludes liability arising from the use of any mechanical plant component while being used for the purpose for which it was designed, except for vehicle mounted cranes used to load/unload and fork hoists. |
| 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. | Optional extension 'Hired In Vehicles': If you hire in or rent in a vehicle during the period of insurance and do not accept the rental owner's statutory offer of insurance, this extension covers the hired vehicle as an insured vehicle, whether or not it is a similar substitute vehicle as set out in the definition of insured vehicle; and covers your liability to the owner of that vehicle for consequential losses caused by loss covered under Section 1 (most we will pay $50,000 per event unless different amount shown in schedule). Automatic extension 'Hired In Vehicle – Consequential Loss' also provides cover up to $25,000 per event for consequential losses where statutory offer of insurance is rejected. |
| 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. | Not provided — no Drive Other Vehicle extension identified in the wording. Section 1 covers 'Employees' Vehicles' owned by employees used in the course of the business (subject to conditions). 'Vicarious liability' extension under Section 2 covers 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 a hired-in or temporary driver. |
| 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 modifications to an insured vehicle'; also listed as a relevant fact for disclosure: 'any non-factory modifications (whether structural, performance or cosmetic) to an insured motor vehicle'
- performance_mods_excluded: no — not expressly excluded, but must be declared; undisclosed modifications may result in the policy being treated as of no effect
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| 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 — Vehicle Parts exclusion does not apply to 'natural disaster'; Electronic Data exclusion lists flood as a covered event; Section 1 covers accidental loss
- storm_covered: yes — Vehicle Parts exclusion does not apply to loss that is the direct result of 'hail, snow, storm or lightning' or 'natural disaster'; Condemned buildings and carparks extension applies following a natural disaster
- volcanic_covered: yes — Vehicle Parts exclusion does not apply to 'natural disaster'; Electronic Data exclusion lists volcano as a covered event
- earthquake_covered: yes — Vehicle Parts exclusion does not apply to 'natural disaster'; Electronic Data exclusion lists earthquake as a covered event
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| 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 under Section 1, or the Automatic or Optional Extensions applicable to Section 1
- 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 the damage or destruction results from separate loss that is covered by this policy)
- mechanical breakdown or failure of engine and all engine parts, cooling systems, hydraulic system, transmission system, fuel systems, braking systems, electrical/electronic systems, computer systems, and mechanical systems, pumping and vacuuming systems, any fixed plant machinery, underground exploratory devices (subject to exceptions for fire, overturning, impact, immersion, theft, malicious damage, hail/snow/storm/lightning, natural disaster, animal impact)
- loss caused by or in connection with wear and tear
- loss caused by or in connection with rust or corrosion
- loss caused by or in connection with action of light and fading
- liability for bodily injury which is covered by the Accident Compensation Act 2001
- loss or liability when a vehicle is being driven by any person who has a proportion of alcohol in their breath or blood that exceeds the legal limit
- loss or liability when a vehicle is being driven by any person who is under the influence of alcohol or any other intoxicating substance or drug
- loss or liability when a vehicle is being driven by any person who fails or refuses to supply a breath or blood sample as required by law
- loss or liability when a vehicle is being driven by any person who fails or refuses to stop, or remain at the scene, following an accident (as required by law)
- 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 the order is given to prevent or control any accidental loss or damage that would otherwise have been covered by this policy)
- loss or liability of any type in connection with loss of, alteration of, or damage to, or reduction in functionality, availability or operation of, a computer system, hardware, programme, software, data, information repository, microchip, integrated circuit or similar device (subject to exceptions for fire, lightning, explosion, aircraft or vehicle impact, falling objects, windstorm, hail, tornado, cyclone, hurricane, earthquake, volcano, tsunami, flood, freeze, weight of snow)
- loss or liability arising from any intentional or reckless act or omission
- loss or liability of any type in connection with nuclear weapons material, ionising radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste
- loss or liability if the vehicle is loaded or operated contrary to the manufacturer's recommended specifications or loaded or operated contrary to regulations or statute (does not apply to theft claims)
- any loss or benefit where a claim payment would breach any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of New Zealand, Australia, the European Union, United Kingdom or United States of America, or any local autonomous sanctions
- loss or liability of any type in connection with seepage, pollution or contamination, unless sudden, unintended and unexpected, occurring during the period of insurance
- loss, damage, death, injury, illness, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or 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 being used or driven by any person who does not have a licence that is in full force and effect to drive the insured vehicle at the time and place of the loss, 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 or driving of any vehicle insured under this policy hired out or leased out to a third party for reward
- loss or liability arising from use or driving of any vehicle insured under this policy 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 (whether war is declared or not), civil war, civil commotion, military rising, mutiny, rebellion, revolution, insurrection, military or usurped power
- liability arising out of a contract or agreement unless you would have been liable even without such contract or agreement
- any legal defense costs, fines or court costs arising from the prosecution of any offence under any Act of Parliament including any Regulations, Rules or By-Laws made under any Act of Parliament
- liability of any driver for bodily injury to, or loss to any property owned by, that driver who claims under Section 2
- liability for punitive or exemplary damages (subject to Automatic Extension — Exemplary Damages)
- 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 (subject to exception for vehicle mounted crane used to load/unload, or fork hoist)
- liability for loss to any property that belongs to, or is/was in your care, custody or control (subject to specified exceptions)
- liability in connection with the transporting of a load to, or away from, the insured vehicle (does not apply to actual loading or unloading)
- liability for loss to any vehicle that is insured under this policy
- liability for loss to property (including a road) arising from vibration caused by the insured vehicle, or the weight of the load or the insured vehicle (subject to Automatic Extension — Vibration or Weight Damage)
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