Provident Mechanical Breakdown Insurance
Provident Insurance is a New Zealand-owned company, headquartered in Takapuna, Auckland. Their sales and customer service representatives are spread in all major cities across the country to assist you wherever you are. They have a 100-year history in the insurance business and are committed to their clients to achieve the highest standards of excellence in their products, services, claims assistance, and technology.
Provident Insurance is a member of The Insurance Council of New Zealand and follows the Fair Insurance Code, giving you peace of mind about their high-quality services to our customers.
Compare Provident's MBI policy against other providers using our comparison tool at glimp and find the best coverage for your car today!
Why choose Provident Insurance NZ?
Provident Insurance offers different policies for your car and motorcycle to fit your needs. Aside from MBI, they also provide the following:
Credit Contract Indemnity (CCI)
CCI covers you and your family if you're unable to work due to an accident, illness, redundancy, suspension, business interruption, bankruptcy, or hospitalisation. It also includes a life-cover feature that settles the outstanding balance of your credit contract in case of death.
Guaranteed Asset Protection (Gapcover)
Gapcover is designed to help pay the difference between what your car insurance policy pays out and the balance owed under your credit contract. If you choose the extra “Special Benefits” protection for your insurance, Provident may additionally pay benefits to help pay you for any incidental costs.
Motor Vehicle Insurance (MVI)
Provident offers two types of MVI policies. Their standard policy includes features such as a temporary cover for 7 days when a new replacement vehicle is purchased, trailer cover up to $750 in any 12 month period (without excess), an accidental death benefit of $5,000, and more. On the other hand, luxury coverage for luxury brand motor vehicles is only available at an authorised partnering franchise dealership when purchasing the vehicle.
FAQ
Provident Insurance offers a number of policy options, with the premium dictated by the make/model of the vehicle, its age/mileage, the period of coverage, and the excess option selected. If you’re not sure which coverage to get, your Registered Motor Car Trader should advise you on the best policy and premium for your vehicle.
You can access Roadside Assistance if you select the Roadside Assistance option for an extra premium.
Yes, in some instances. If you sell the insured vehicle, your policy can be transferred to the new owner, subject to approval. This is provided that: you are the first owner insured under the policy, there have been no claims lodged against the policy, there are no faults in existence that may give rise to a claim under the policy, and the vehicle is no longer sold through a trader.
Any repairs that are covered by your MBI policy must be completed by an authorised repair facility. You can contact Provident Insurance at 0800 676 864 for the best suitable facility near you.
