Owning a car is getting more and more expensive.

Online Insurance Platform Quashed reported a 40% increase in average comprehensive and third-party quotes over the last year. 

Stats NZ is reporting a 22.6% overall.

Consumer NZ CEO John Duffy told Mike Hosking that there’s a lot of causes behind this, but a big one is unforeseen weather events such as Cyclone Gabrielle.

He said that insurers are seeing that that kind of event could happen again, and are updating their pricing accordingly.

LISTEN ABOVE

Owning a car is getting more and more expensive. 
Online Insurance Platform Quashed reported a 40% increase in average comprehensive and third-party quotes over the last year.  
Stats NZ is reporting a 22.6% overall. 
Consumer NZ CEO John Duffy told Mike Hosking that there’s a lot of causes behind this, but a big one is unforeseen weather events such as Cyclone Gabrielle. 
He said that insurers are seeing that that kind of event could happen again, and are updating their pricing accordingly. 
LISTEN ABOVE

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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