Car insurance - Australia vs New Zealand

Car insurance - Australia vs New Zealand
With our new data, you can compare prices for Home, Contents and Cars across 11 locations in New Zealand. Go here for comparisons. In addition to comparing cover between New Zealand centres we thought it would be interesting to see what pricing differences existed between New Zealand and Australia. In policy coverage terms the two countries are quite similar. Both have separate personal injury cover leaving a basic policy to primarily provide protection for property damage.  Canterbury (a suburb of Melbourne)  and Browns Bay on Auckland's North Shore were compared. One of our standard profiles, a Honda Accord Euro for  Agreed Value was selected. All other particulars of our family profile were used, therefore drivers ages, driving history, etc were identical for quoting. The main male driver was 57, the car was also be driven by his partner, born in 1958 and on occasions by their 2 teenage children. Therefore cover was not limited for under drivers under 25 years. For Browns Bay in Auckland the best rate for this scenario was BNZ at $564 and the highest price Tower at $1189. Excesses ranged from $250 to $400 plus underage. See here for the full set of comparisons. For the Melbourne city location we obtained a quote via the GIO online quote system. The standard excess (not including the additional under 25 yrs excess) was quoted at $600, more than double our lowest excess of $250. However GIO's premium was A$774.17. To ensure similarity with products, additional cover for windscreen and hire cars was included. On our published New Zealand prices for this car it would have placed GIO as the 7th most expensive out of the 9 companies listed? It must say something about the quality of New Zealand drivers?

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