| Vehicle value basis | - market_default: yes — default basis of settlement references market value: 'Pay an amount equal to the market value of the insured vehicle or the amount stated in the vehicle declaration, whichever is the lesser'
- agreed_available: yes — optional extension: '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: Pay an amount equal to the market value of the insured vehicle or the amount stated in the vehicle declaration, whichever is the lesser, unless the insured vehicle is leased, in which case we will pay an amount equal to the market value or residual value of the insured vehicle, whichever is the greater.
- sum_insured_indexation: no — no indexation clause found; policy requires insured to declare market value and states 'All values of insured vehicles stated in the vehicle declaration must represent, as nearly as possible, their market value.'
| - 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
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| Excess options (NZD) | - theft: No excess applies to Section 1 claim where cause of loss is theft or fire (fire not resulting from impact), unless stated in the schedule or payable under any Section 1: Automatic Extension or Section 1: Optional Extension.
- standard: As shown in the schedule
| - 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
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| No-claims bonus | Not on file. | Not on file. |
| Claims basis | Occurrence — cover applies for accidental loss or liability 'occurring during the period of insurance' | occurrence — cover applies for accidental loss 'occurring anywhere in New Zealand ... during the period of insurance' |
| Territorial scope | New Zealand — 'We will indemnify the insured for accidental loss to an insured vehicle occurring anywhere in New Zealand during the period of insurance'; liability cover applies to use of an insured vehicle 'in New Zealand'. | 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: Cover begins on date the insured vehicle is stolen; cost of first 7 days not covered; ends when vehicle recovered and repaired and returned, or when claim settled (Section 1 Automatic Extension S – Theft – Hire of Alternative Vehicle)
- days_after_at_fault: First 7 days of hire not covered; cover begins when insured vehicle is delivered to repairer or date of loss if unfit to drive; ends when repairs completed or total loss settled or hire vehicle returned (Optional Extension C – Loss of Use, only where specified in schedule)
| - 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
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| Windscreen excess (NZD) | No excess applies to a claim 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), unless otherwise specified on the schedule. | 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 — 'window glass' is listed alongside windscreens in Section 1: Automatic Extensions U – Windscreens And Window Glass
- no_excess_for_repair: No excess applies to the claim unless otherwise specified on the schedule — applies to the claim being solely for loss to windscreens, sunroof, headlights, tail lights, indicator light glass, mirror glass or window glass; no separate repair-vs-replacement distinction stated
| - 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
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| Driver schedule | - any_driver_cover: yes — Section 2 covers 'any other person caused by or through or in connection with their use of an insured vehicle … provided such use has the permission of the insured'
- driver_age_limits: No minimum age stated in the wording; learner drivers permitted provided 'the insured vehicle is being used for the purpose of teaching a learner to drive, and all the requirements of the law are being complied with'
- named_drivers_required: no — no requirement for named drivers found in the wording
| - 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
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| Vehicle types covered | - cars
- station wagons
- utilities
- vans
- four wheel drives
- trucks
- mechanical plant
- mobile machinery
- vehicles with cranes or hoists
- taxis
- agricultural vehicles (tractors etc.)
- any type of machine on wheels, tracks or rollers (but not rails) propelled by its own power, and anything designed to be towed by such a machine
| Not on file. |
| Goods in transit | - included: yes — automatic extension: covers loss to goods owned by the insured carried on or in the insured vehicle at the time of loss, where loss arises from fire, collision, impact or overturning covered under Section 1
- sub_limit_nzd: The limit shown in the Limits and Excesses section (specific dollar amount not stated in the wording text provided)
| - 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 | Mechanical plant is defined as 'A vehicle, that has either plant or machinery attached to it, or is primarily designed as mobile plant or mobile machinery.' Section 1 covers accidental loss to insured vehicles including mechanical plant. Section 1 Automatic Extension A (Appreciation – Mechanical Plant) covers appreciation of market value of mechanical plant up to 25% of declared value. Section 1 Exclusions D (Vehicle Parts) applies but does not apply where loss is the direct result of fire, overturning, impact/collision, immersion in water, theft, malicious damage, incorrect fuel, hail/snow/storm/lightning, natural disaster, or animals. | 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 | Section 2 Automatic Extension F (Hired And Rented Vehicles) covers liability to third parties for hired or rented vehicles and the difference between the Section 1 excess and any deductible under rental vehicle owner's insurance. Section 2 Automatic Extension G covers the insured's liability to the owner of a hired/rented vehicle for consequential losses where the statutory offer of insurance is rejected. The definition of 'insured vehicle' includes 'any other vehicle, hired, rented, or borrowed without financial or other consideration, by the insured during the period of insurance.' | 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 | No separate 'drive other vehicle' extension found. Cover for vehicles hired, rented or borrowed without financial or other consideration is included within the definition of 'insured vehicle': 'Any other vehicle, hired, rented, or borrowed without financial or other consideration, by the insured during the period of insurance.' | 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 — General Conditions require the insured to 'tell us immediately if there are any modifications to an insured 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
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| Natural disaster cover | - flood_covered: yes — Section 1 Exclusions D.2.d lists 'the insured vehicle being partly or fully immersed in a body of water' as exception; General Exclusions D lists 'flood' as a named peril exception to the electronic data exclusion
- storm_covered: yes — Section 1 Exclusions D.2.h lists 'hail, snow, storm or lightning' as exceptions to the vehicle parts exclusion; natural disaster events are referenced throughout
- volcanic_covered: yes — General Exclusions D lists 'volcano' as a named peril exception to the electronic data exclusion; natural disaster exception in Section 1 Exclusions D.2.i would encompass volcanic events
- earthquake_covered: yes — Section 1 Exclusions D.2.i lists 'natural disaster' as exception; General Exclusions D lists 'earthquake' as a named peril exception to the electronic data 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 | - Wear and tear
- Rust or corrosion
- The failure of, or any fault or defect in, the insured vehicle's design, specification or materials
- Entanglement, ingestion or entry of any foreign object into any mulching, chipping or agricultural implement or machine
- Loss of use of any kind whatsoever, or any costs or expenses that result from that loss of use, unless expressly insured under Section 1: Automatic or Optional Extensions
- Depreciation or loss in value
- Loss to 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 listed exceptions)
- 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
- Damage to or destruction of tyres (unless damage or destruction results from a loss otherwise covered under Section 1)
- Theft or conversion of the insured vehicle by a person to whom the insured vehicle has been hired, rented or lent by the insured
- Use on a race track, or for pace making, reliability trials, hill climbs or speed tests, or while being used in preparation for any of these activities
- Liability for bodily injury which is covered by the Accident Compensation Act 2001
- Loss or liability when the insured vehicle is being used by any person who has a proportion of alcohol in their breath or blood that exceeds the legal limit, or is under the influence of any other intoxicating substance or drug, or fails or refuses to supply a breath or blood sample as required by law, or fails or refuses to stop or remain at the scene following an accident
- Loss or liability in connection with confiscation, nationalisation, requisition or destruction of, or damage to property by order of government, public or local authority
- Loss or liability of any type in connection with loss of, alteration of, or damage to, or a reduction in the functionality, availability or operation of, a computer system, hardware, programme, software, data, information repository, microchip, integrated circuit or similar device (subject to listed exceptions)
- Loss or liability while any insured vehicle is loaded or operated contrary to the manufacturer's recommended specifications, or contrary to the law
- Loss or liability arising from any intentional or reckless act or omission
- Any loss or liability in connection with ionising radiation or contamination by radioactivity from any nuclear fuel, or any nuclear waste, or nuclear weapons material
- Any vehicle hired or rented by the insured when the insured has purchased insurance offered by the rental vehicle hirer
- Loss or liability of any type in connection with seepage, pollution or contamination, unless sudden, unintended and unexpected
- Loss, liability, prosecution or expense of any type in connection with an act of terrorism
- Loss or liability when any insured vehicle is being used by a person who does not hold a driver's license appropriate for the class or operation of the insured vehicle (subject to exceptions), or who breaches any license conditions
- Loss or liability if the insured vehicle is being used in an unsafe condition
- Any loss or liability in connection with war, invasion, act of foreign enemy, hostilities or warlike operations, civil war, mutiny, rebellion, revolution, insurrection, military or usurped power
- Loss or liability when any insured vehicle is being used in breach of any enactment or regulations relating to work time or logbook rules
- Any loss to the extent that the provision of such cover would expose the insurer to any sanction, prohibition or restriction under United Nations resolution or the trade or economic sanctions, laws or regulation of New Zealand, Australia, the European Union, United Kingdom or United States of America
- Claims caused by, arising from, or in any way connected with any actual or suspected Cyber Incident
- Claims caused by, arising from, or in any way connected with an Infectious or Communicable Disease
- Any actual or alleged liability whatsoever for any claim or claims directly or indirectly arising out of, resulting from, in consequence of, contributed to or aggravated by asbestos in whatever form or quantity
- Airside liability arising out of the ownership, operation or maintenance of any vehicle within the restricted area of any airport used for scheduled commercial flights
- Contractual liability unless the insured would have been liable even without such contract or agreement
- Liability of any driver for bodily injury to, or loss to any property owned by, that driver and/or insured who claims under Section 2
- Liability for punitive or exemplary damages (subject to Automatic Extension C)
- Liability determined by any court outside New Zealand
- Liability arising out of the operation of any mechanical plant component while it is being used for the purpose for which it was designed (subject to exceptions for vehicle mounted cranes loading/unloading and fork hoists)
- Liability for loss to property that belongs to, or is, or was in the care, custody or control of the insured (subject to listed exceptions)
- Liability arising from the transporting of a load to, or away from, the insured vehicle (loading and unloading excepted)
- Liability for loss to any vehicle that is insured under this policy
- Liability for loss to any property (including roads) arising from vibration caused by the insured vehicle, or the weight of the load or vehicle (subject to Automatic Extension K)
| - 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
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