Did you know that more than 90% of Kiwis have at least one insurance policy?
We all want that sense of security and peace of mind that comes with being covered, knowing that we'll be able to bounce back without any financial stress if things don't go according to plan.
But let's face it, finding the right coverage can be tricky and expensive. It's a delicate balance between being well-protected and not breaking the bank.
The cost of insurance can have a significant impact on our budgets, and it's easy to feel stuck between a rock and a hard place.
We're here to help you navigate the insurance landscape and find ways to save money without sacrificing coverage. Whether you're a first-time buyer or looking to switch providers, we've got you covered.
So let's dive into it.
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Top Car Insurance Providers:
- Car: Mazda 6 2007 Sedan
- Value: $5000.
- Driver: Full licence.
- With glass cover.
- Excess: $500
Note:
Trademe Incudes the 15% member discount & SAVEONLINE promo code
Tower incudes the SAVEONLINE promo code
Want to check the value of your car? Check it out here: https://www.carprice.co.nz/
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Top House Insurance Providers:
- Value: $475,000
- Year/Build: 1950 Weatherboard with a shed
- Location: New Plymouth
- Excess: $500
Note:
Trademe Incudes the 15% member discount & SAVEONLINE promo code
Tower incudes the SAVEONLINE promo code
Want to check the value to rebuild your home? check it out here: https://sumsure.corelogic.co.nz/#/products/8/profiles/219
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Top Contents Insurance Providers:
- Contents Value: $20,000
- Excess: $500
Note:
Trademe Incudes the 15% member discount & SAVEONLINE promo code
Tower incudes the SAVEONLINE promo code
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Top Combined Policy Insurance Providers:
- Car, House & Contents insurance in one package.
- Excess: $500
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Note:
Trademe Incudes the 15% member discount, SAVEONLINE promo code & multi policy discount.
Tower incudes the SAVEONLINE promo code & multi policy discount.
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There you have it, a full overview of different providers and how you could be saving money on your insurance. Remember that prices can vary based on different situations like location, condition of your home and if youβve needed to make claims in the past.
Want some tips & tricks on how to make sure youβre always getting more bang for your buck?
- Consider building an emergency fund so you can increase your excess and reduce your monthly payments. This will give you more cash flow and peace of mind in case of an unexpected event.
- Review your insurance providers every 6-12 months just to make sure theyβre still competitive. Set some reminders in your phone to do this.
- Check for discounts, always check with your provider if they have any discounts going on your premiums.
- Shop around, donβt be afraid to jump ship and try a different provider.
Remember, everyone's situation is unique, so use this guide as a starting point and customise it to fit your individual circumstances.
Happy saving!
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Final words
Thanks for reading, if you have any feedback or questions on what you've seen so far, feel free to get in touch using our contact form or alternatively give us a bell at hello@budgetbuddie.co.nz
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Disclaimer
This blog or any other information provided by BudgetBuddie is not financial advice. If you're needing financial advice please get in touch with a licensed financial advisor or professional.
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