Car insurers unsure on rebates for latest round of lockdowns

An Insurance Business Magazine article.

With New Zealand going into a new national lockdown, road traffic has dropped to a virtual standstill yet again. However, this time around, insurers are undecided about whether to give rebates on car insurance premiums.

Last year, major car insurers Tower and AA Insurance gave around $27 million in rebates back to customers due to the huge reduction in traffic accidents caused by the six-week lockdown.

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