AMI Insurance Review

Are you looking for a reliable insurance provider for your home, car, or business? AMI Insurance has been serving New Zealanders for over 90 years, offering a wide range of insurance options and excellent customer service. In this article, we will review the different types of insurance coverage that AMI offers, as well as their benefits and drawbacks. We will also address some frequently asked questions about AMI Insurance.

What is AMI Insurance?

AMI Insurance is a New Zealand-based insurance company that was founded in 1926. Originally known as the South Island Motor Union, AMI has since expanded to offer insurance coverage for homes, cars, travel, business, and more. AMI has over 500,000 policyholders and prides itself on being a customer-focused company.

One of the unique features of AMI is that it is a mutual insurer, which means that its policyholders are also its owners. This allows AMI to focus on serving the best interests of its customers rather than maximizing profits for shareholders.

Types of Insurance Coverage Offered by AMI

Car Insurance

AMI offers comprehensive car insurance coverage that includes protection against accidents, theft, fire, and damage to other people’s property. Policyholders can also add on optional coverage such as windscreen, excess-free glass, and rental car coverage. AMI also offers discounts for safe drivers, multi-car policies, and loyalty bonuses for long-term customers.

Home and Contents Insurance

AMI’s home insurance coverage includes protection for your house, garage, and other structures on your property. It also covers damage to your personal belongings such as furniture, appliances, and clothing. In addition, AMI offers optional coverage for things like accidental damage, increased jewelry limits, and temporary accommodation if you can’t stay in your home due to damage. AMI also offers a 24/7 emergency home assistance service.

Commercial Insurance

AMI offers a wide range of insurance options for small and medium-sized businesses, including commercial property insurance, business interruption insurance, liability insurance, and more. AMI’s commercial insurance policies are tailored to each individual business, ensuring that you get the coverage you need.

Travel Insurance

AMI’s travel insurance policies cover unexpected expenses that may arise while traveling, such as medical emergencies, trip cancellations, lost luggage, and more. Policyholders can choose from single or multiple trip coverage, with options for adventure sports and pre-existing medical conditions. AMI also offers 24/7 travel assistance, including a 24-hour emergency hotline.

Benefits and Drawbacks of AMI Insurance

Benefits

One of the main benefits of AMI Insurance is its customer-focused approach. As a mutual insurer, AMI is dedicated to serving the best interests of its customers rather than maximizing profits. This means that policyholders can expect excellent customer service and fair, transparent policies.

AMI also offers a wide range of insurance options, which makes it easy for customers to find coverage that suits their needs. With over 90 years of experience, AMI has a strong reputation for reliability and trustworthiness in the New Zealand insurance market.

Drawbacks

One potential drawback of AMI Insurance is that it may not always offer the lowest prices. Because AMI prioritizes customer service and fair policies over profits, its prices may be slightly higher than some other insurance providers. However, many customers find that the extra cost is worth it for the peace of mind that comes with high-quality coverage.

Another potential drawback is that AMI’s coverage options may not be as comprehensive as some other insurance providers. For example, some customers may prefer a more customizable policy that allows them to select specific coverage options rather than being limited to pre-set packages.

FAQ

How do I file a claim with AMI Insurance?

You can file a claim with AMI by calling their customer service hotline, filling out a claim form on their website, or visiting one of their local branches. AMI’s customer service representatives will guide you through the claims process and help you gather the necessary documents and evidence to support your claim.

What types of discounts does AMI Insurance offer?

AMI offers a range of discounts for their customers, including safe driver discounts, multi-car discounts, and loyalty bonuses for long-term customers. They also offer discounts for bundling multiple types of insurance policies together, such as home and contents insurance and car insurance.

Does AMI Insurance cover pre-existing medical conditions for travel insurance?

AMI’s travel insurance policies may cover some pre-existing medical conditions, depending on the severity and nature of the condition. If you have a pre-existing medical condition, you should disclose it to AMI when purchasing your policy to determine whether you are eligible for coverage.

In conclusion, AMI Insurance is a reliable and customer-focused insurance provider that offers a wide range of coverage options for homes, cars, businesses, and travel. While their prices may be slightly higher than some other providers, many customers find that the extra cost is worth the peace of mind that comes with high-quality coverage. If you’re looking for an insurance provider that will prioritize your needs and provide excellent customer service, AMI Insurance may be a great choice for you.