IAG, which owns AMI Insurance, State, and NZI, is raising car insurance excess by 25 percent due to rising costs, it says.
(file photo) Photo: 123 RF
All new policies or renewals would have the standard excess on car claims raised from $300 to $400.
The Australian-owned company said it was spending more paying out on claims than in the past.
It said raising the excess, rather than premiums, meant rising costs were being met by claimants rather than everybody who had an insurance policy.
Drivers with third party motor vehicle insurance will have to pay a fire services levy from July 2018.
The Automobile Association expects automatic braking systems in cars to become almost universal over time.
The Transport Agency says up to 60 percent of used cars imported from Australia might not be allowed on New Zealand roads.
An organiser of safety workshops for foreign drivers is calling for compulsory tests for people from countries where driving is on the right.
A survey of insured motorists has found an overwhelming majority want uninsured drivers and cars off the road.
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