What is Business Car Insurance?

Business car insurance provides coverage for vehicles used for commercial purposes in New Zealand. Unlike personal car insurance, business policies are designed to handle the increased risks associated with commercial vehicle use, including higher mileage, carrying goods or passengers for payment, and business-related activities.

Legal Requirement

All motor vehicles in New Zealand must have third-party insurance by law. However, business use typically requires comprehensive coverage to adequately protect your commercial interests.

When Do You Need Business Car Insurance?

  • Using your vehicle for paid work or business activities
  • Carrying goods, tools, or equipment for business
  • Transporting clients or customers for payment
  • Vehicle is registered under a business name
  • Using vehicle for deliveries or courier work
  • Traveling between work sites or client locations

Types of Business Car Insurance Coverage

Third Party Only

Legal minimum: Covers damage you cause to other people's property and injury to other people. Does not cover your own vehicle.

From $200/year

Third Party Fire & Theft

Includes third party cover plus protection for your vehicle against fire and theft.

From $400/year

What's Covered Under Business Car Insurance?

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Vehicle Damage

Collision, weather damage, vandalism, and accidental damage to your business vehicle

🔥

Fire & Theft

Protection against fire damage and theft of the vehicle or its contents

⚖️

Third Party Liability

Legal liability for damage to other vehicles and property, plus injury to others

🛠️

Tools & Equipment

Coverage for business tools and equipment stored in or on the vehicle

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Business Use

Coverage during business activities, client visits, and work-related travel

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Emergency Services

Roadside assistance, towing, and emergency repairs during business hours

Cost Factors for Business Car Insurance

Vehicle-Related Factors

  • Vehicle type, age, and value
  • Safety ratings and security features
  • Annual mileage and usage patterns
  • Modifications or specialized equipment

Business-Related Factors

  • Type of business and industry
  • Geographic area of operation
  • Number of drivers
  • Claims history and risk profile

Coverage-Related Factors

  • Level of coverage chosen
  • Excess amount selected
  • Additional cover options
  • Multi-policy discounts available

How to Choose the Right Provider

Financial Strength

Check the insurer's financial rating and stability to ensure they can pay claims

Business Expertise

Look for insurers with experience in your industry and business type

Claims Service

Research their claims process, response times, and customer satisfaction ratings

Coverage Options

Ensure they offer the specific coverage your business needs

Making a Claim

1

Immediate Actions

Ensure safety, call emergency services if needed, and document the scene

2

Contact Your Insurer

Report the claim within 24-48 hours with all relevant details

3

Provide Documentation

Submit photos, police reports, and any witness statements

4

Assessment & Repair

Insurer assesses damage and arranges approved repairs or replacement