Commercial Vehicle Insurance NZ

What is Commercial Vehicle Insurance?

Commercial vehicle insurance provides specialised cover for business-owned vehicles including utes, vans, light trucks, and company cars. Unlike private vehicle insurance, commercial vehicle policies are designed to cover vehicles used for business purposes, including carrying tools, equipment, or goods for work.

What Does It Cover?

• Accidental damage to your vehicle
• Theft and vandalism
• Third party property damage liability
• Windscreen and glass cover
• Fire and natural disaster damage
• Legal defence costs

Who Needs Commercial Vehicle Insurance?

Commercial vehicle insurance is essential for businesses that:

• • Use utes, vans, or light trucks for work
• • Carry tools, equipment, or goods in their vehicles
• • Have company cars for employees
• • Operate as sole traders using a work vehicle
• • Need to cover hired or leased vehicles

Cover Options

Typical Costs

Commercial vehicle insurance costs vary based on vehicle type, usage, and driver history. Typical costs start from:

• • Utility vehicle/ute: From $800/year
• • Panel van: From $900/year
• • Light truck (up to 3.5t): From $1,200/year
• • Company car: From $600/year