Vero Car Insurance
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Young drivers more likely to avoid insurance
Up to 12% of young Kiwis could be driving around without car insurance, according to the findings of a survey of car insurance providers.
The survey by Canstar Blue revealed that Gen Y drivers were more likely to let their car insurance lapse than older New Zealanders.
CANSTAR CANNEX - New Zealand National Manager, Derek Bonnar, said 2,500 kiwis were asked to rate their satisfaction with the car insurance provider they most recently dealt with. Insurance providers included in the ratings were: AA Insurance, Vero, AMI Insurance, BNZ, Westpac, State Insurance, Tower, Lantern Insurance/NZI.
"AA Insurance came out on top in three of the four categories we rated, including overall satisfaction They also shared the five star rating with Vero for clarity of policy and when it came to service, AA Insurance, Vero, AMI Insurance, BNZ and Westpac all received a five star rating.
AMI Insurance received five stars for price.
"The survey highlighted that along with Gen Y drivers, those living in Auckland are also the most likely to forget their car insurance with 10% of those surveyed citing financial or time pressures as being the reason they'd let their car insurance lapse," Derek said.
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