Insurance
Insurance network partner
Lending Room is an authorised Autosure Insurance network partner. We are here to give you peace of mind while driving through life, with a range of insurance products.
Mechanical Breakdown Insurance (MBI)
We never know when our vehicles may break down. MBI has been carefully designed to cover you for an unexpected breakdown.
Why do I need this insurance?
MBI covers the reasonable cost to repair the actual failure of mechanical or electrical parts as a result of a sudden and unforeseen breakdown that occurs during normal use in New Zealand, unless otherwise excluded in the policy book.
How will this insurance help me?
- You get comprehensive protection for petrol, diesel, hybrid and electric vehicles.
- Receive allowances for towing and car hire.
- Get 7 day/24-hour AA Road Service.
GET A QUOTE: Call 0800 96 22 22 or email info@lendingroom.co.nz.
Payment Protection Insurance (PPI)
To protect you against the unexpected, payment protection insurance provides you with cover to ensure your finance obligations can continue to be met during challenging times, like redundancy, illness or other insured events.
Why do I need this insurance?
PPI protects you for the repayment of your loan obligations to the financier if you suffer an insured event. The benefits are payable directly to the financier and the policy cover options are specific to your source of income at the time of entering into a credit contract.
How will this insurance help me?
- You don’t need a medical examination – making it simple and quick to apply!
- You receive a redundancy benefit of up to 12 months.
- Your household income is protected for other purposes and your credit rating.
GET A QUOTE: Call 0800 96 22 22 or email info@lendingroom.co.nz.
Guaranteed Asset Protection Insurance (GAP)
Imagine if you’re paying off your car loan and your vehicle gets hit by a truck! Your car gets written off, leaving you worried. Never fear! Lending Room has a policy designed to protect you and ensure you’re on the road again fast!
Why do I need GAP?
Guaranteed Asset Protection Insurance (GAP) protects you against losses that may occur when your vehicle is declared a total loss and the total loss settlement amount paid by your vehicle insurer is less than the outstanding amount you owe to your financier for your vehicle loan. Maximum loan amount $100,000. Maximum loan term 84 months.
How will GAP help me?
- You have the choice of main benefit options.
- You receive a range of additional benefits to help with the costs of replacing your car..
- Your household income is protected for other purposes.
GET A QUOTE: Call 0800 96 22 22 or email info@lendingroom.co.nz.
Car Insurance
Lending Room understands that sinking feeling you get when something unexpected happens to your car. Whether it’s a damaged window, or even stolen! We are here to give you peace of mind when dealing with any car insurance matters.
How will this insurance help me?
- You get a lifetime guarantee on repairs we arrange through an approved repairer.
- You’ll receive allowances for emergency travel and accommodation costs.
- Get an optional excess-free windscreen and window glass.
- Subscribe to optional Roadside Assistance cover.
NEED MORE INFORMATION? Call us now on 0800 96 22 22 or email info@lendingroom.co.nz.