Good afternoon everyone,
Just bought a car and am looking at car insurance. Called up the insurance co and they gave me two options, To insure car based on Agreed value or Market value? Which one is more common in NZ? Which one is better? Any advice from members of the forum?
They also mentioned something about no claim bonus but premium is higher. Is this beneficial?
What are the things that I need to watch out for when buying car insurance in NZ?
Appreciate advices and recommendations....