Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


AMI Takes ‘Sting’ Out of Insurance Claims

Tuesday, 21 February 2006

AMI Takes ‘Sting’ Out of Insurance Claims for Vehicle Accidents

New Zealanders have roughly a one in ten chance of having a car accident resulting in an insurance claim each year (according to AMI Insurance statistics). In Auckland, the likelihood is more than 30% higher. A driver at fault could face an increase in premiums of up to 50% through the loss of their maximum No Claims Bonus discount.

AMI Insurance has launched an innovative and market leading private motor vehicle insurance benefit, ‘freeBmax’, to recognise those customers with a good driving record and ‘lock-in’ their maximum No Claims Bonus discount.

AMI customers with a qualifying private motor vehicle policy that has a ‘clean’ twelve month claims record (more than 200,000 customers) have immediately qualified for ‘freeBmax’. These customers will be able to make up to two claims in a year without losing their maximum No Claims Bonus discount.

“AMI recognises the loss of a maximum No Claims Bonus discount can be an issue for our customers. AMI has addressed this by introducing ‘freeBmax’; this means those customers qualifying for ‘freeBmax’ can make up to two claims per year that would otherwise have reduced their No Claims Bonus. This added protection of ‘freeBmax’ is a significant benefit to customers,” explains AMI Chief Executive, John Balmforth.

AMI Insurance is taking the unique step of automatically and immediately applying this benefit free to the majority of its private vehicle insurance customers. New customers can also qualify for the free benefit quickly.

“We undertook extensive market research and were overwhelmed by the tremendous interest in the ‘freeBmax’ concept. Letters have been posted over the last 2 days to more than 200,000 AMI customers giving them the good news that their qualifying policies now have the added protection of ‘freeBmax’. We are giving this benefit to these customers free to recognise their good driving record and claims history,” says Mr. Balmforth.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>


Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news