Car insurance customers warned to be aware of sudden value drops

  • Home
  • Insurance
  • Car insurance customers warned to be aware of sudden value drops

Many car owners had their vehicle damaged in this year’s storms. (File photo)
Photo: RNZ / Cole Eastham-Farrelly

The insurance watchdog says problems with car insurance are the number one complaint received in the past year.

Vehicle complaints make up 23 percent of all complaints received by the Insurance & Financial Services Ombudsman’s Scheme.

One of the main issues was the reduction of the car’s value at the time of policy renewal.

Auckland-based Rawiri* had his…

Continue reading this news update.

Comments are closed