AA Insurance eases concerns about changing insurer

AA Insurance eases concerns about changing insurer

Many people who want to change insurer are worried that it will be complicated and time-consuming. But for most people it’s as easy as making a couple of phone calls.

AA Insurance has noted the high degree of concern and uncertainty as it continues to receive high volumes of calls from people reviewing their insurance.

“Many people don’t realise you don’t need to wait until your current policy comes up for renewal to make a change – you can cancel your current insurance and take out new cover at any time,” says Suzanne Wolton, AA Insurance. “Most insurance companies are equipped to let customers take out new policies over the phone.”

AA Insurance also quotes and sells car insurance from its website, www.aainsurance.co.nz.

“We are receiving calls from people in Canterbury and we are taking on new vehicle insurance in the region,” adds Suzanne.

AA Insurance recommends these five steps for people reviewing their insurance cover:
1. Know what you are paying for your current insurance and what benefits it provides
2. Have accurate details of the items to be insured (whether car, house or contents)
3. Collect quotes from several insurers to check costs and compare benefits
4. If you decide to change, buy your new insurance and read your policy to confirm you’ve got the cover you want before you cancel your old insurance policy.
5. Satisfy yourself that the insurance company you buy from has the financial strength to pay your claim, if the worst happens

ENDS

About AA Insurance
AA Insurance was launched in 1994 and is a joint venture between New Zealand Automobile Association and Suncorp-Metway Limited.

AA Insurance has over 400 staff servicing 200,000 customers and manages over 400,000 policies. Over half of those policies cover motor insurance risks including cars, bikes, caravans and motor homes, and the remainder are house and contents insurance.

AA Insurance Limited has an A+ (Strong) Insurer Financial Strength Rating given by Standard and Poor’s (Australia) Pty Ltd on 8 January 2011. For further information visit, www.aainsurance.co.nz.

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