New Zealand car owners cancel or reduce insurance policies due to rising costs.

Car owners in New Zealand are canceling insurance policies due to rising costs of living. Whangārei woman Courtney Kitto and another woman, Sammy, share their experiences of canceling or reducing insurance cover as they struggle to afford the rising premiums. Insurance comparison site Quashed reports that the rate of increase in insurance premiums is accelerating, with premiums for comprehensive policies on the site up 40%.

May 27, 2024
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