Truck & Heavy Vehicle Insurance NZ

What is Truck & Heavy Vehicle Insurance?

Truck and heavy vehicle insurance provides specialised cover for larger commercial vehicles over 3.5 tonnes GVM. This includes prime movers, rigid trucks, tip trucks, heavy haulage vehicles, and transport equipment. Unlike standard commercial vehicle policies, heavy vehicle insurance addresses the unique risks faced by transport operators, including the higher values involved, specialised equipment, and regulatory requirements.

What Does It Cover?

• Accidental damage to truck and attached equipment
• Theft of vehicle and contents
• Third party property damage liability
• Goods in transit cover
• Trailer interchange cover
• Fire and natural disaster damage
• Down time / loss of income cover
• Legal defence costs

Types of Vehicles Covered

• • Prime movers and semi-trailers
• • Rigid trucks (flatbed, tipper, courier, tanker)
• • Heavy haulage vehicles
• • Waste management and compaction trucks
• • Concrete mixers and pump trucks
• • Cranes and mobile plant

Who Needs Truck & Heavy Vehicle Insurance?

This insurance is essential for:

• • Transport and freight operators
• • Heavy haulage contractors
• • Construction companies with heavy trucks
• • Waste management companies
• • Delivery companies with large vehicles
• • Civil works and infrastructure contractors

Typical Costs

Heavy vehicle insurance costs vary significantly based on vehicle type, payload, and usage. Typical costs start from:

• • Rigid truck (3.5-8t): From $2,500/year
• • Rigid truck (8-15t): From $3,500/year
• • Prime mover: From $5,000/year
• • Heavy haulage: From $8,000/year
• • Specialist plant: Custom quotes