Claims Paying Ability

IAG received a Standard & Poor's (Australia) Pty Ltd rating of AA-

This means it has a 'Very Strong' claims paying ability, as you can see in the scale below. As a customer, this is important to you as it is your reassurance that we will be able to pay out on your claims now and in the future.

This rating is lodged with the Reserve Bank of New Zealand and our rating is reviewed annually.

The rating scale is:

• AAA Extremely Strong
• AA Very Strong
• A Strong
• BBB Good
• BB Marginal
• B Weak
• CCC Very Weak
• CC Extremely Weak

The ratings from 'AA' to 'B' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.

Cover

The cover provided by your policy may contain unusual terms. It is therefore important that you read and understand your policy. It is your choice whether or not you insure with DriveRight.

Your duty of disclosure

Under New Zealand insurance law you are required to tell us everything you know or could reasonably be expected to know that may influence our decision to insure you and the terms and conditions on which we will insure you. Check policy details for more information.

Agent authority

The motor vehicle dealers and finance agencies that are authorised to sell DriveRight products on our behalf do so as our agent. and may receive remuneration from us for arranging this insurance.