Insurers face higher costs after court ruling
Insurers will become liable for funding innocent victims' replacement cars after accidents.
Car insurers’ long-standing policy not to cover replacement vehicles for those who were not at fault in a crash may soon be reversed on the back of a Court of Appeal decision.
The Appeal Court judgment said insurers were resisting R2D’s entry into the New Zealand market by refusing to pay
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Insurers face higher costs after court ruling
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