It covers you if.

What is third party insurance nz. If you have an accident and its your fault well pay up to 20000000 for damage to someone elses car or property. Car insurance Vehicle insurance is not compulsory in New Zealand. Third party is the least expensive car insurance policy type.

Most insurers UME provides cover of approximately 2000 4000 if you can identify the person responsible for causing the damage to your car. Damage to someone elses property. Third Party Insurance is not about protecting your car.

Market value indemnity insurance or agreed value. Provided theyre approved in advance by us well also cover the costs of your legal defence. Voted Most Trusted General Insurer by NZers for 11 years running.

The risks you face and the policies available to. One of the biggest questions when you shop for car insurance is what value to place on your car. Its about protecting yourself in case you accidentally damage someone elses car or property.

You pay premiums to an insurance company often monthly or once a year and the insurance company promises to help if something goes wrong eg by paying for repairs replacements or covering costs. You can also choose to extend your cover to Third Party Fire Theft to protect your own vehicle if its stolen or damaged through fire or theft. A third-party fire and theft policy for an individual is about half the price of a comprehensive policy.

Get a quote Retrieve a quote. A third people with car insurance are a bit fuzzy about what it covers a survey by Canstar has found. Third-party car insurance covers the damage to other peoples cars and property and sometimes injuries andor deaths in the other vehicles.