Current Insurance Offers in NZ: 2026 Discounts, Gift Cards, Bundle Deals & Free Months

What are the current insurance offers available in NZ right now?

The table below summarises the insurance offers in NZ, grouped by insurer, so you can see at a glance what each provider is offering across car, house, and contents insurance.

Reviewed websites: AA Insurance, AMI Insurance, ANZ Insurance, AMP Insurance, Autosure, Cove, Initio, MAS, Provident Insurance, State Insurance, and Tower Insurance ,checked 04 August June 2026.

How do insurance deals and sign-up offers work?

Whatever the reward, you only receive it after you buy a qualifying new policy and hold up your end of the deal. The conditions vary by insurer, but the common threads are:

• It must be a genuinely new policy. Renewing, amending or reinstating an existing policy almost never qualifies. Several offers also exclude you if you recently cancelled a similar policy with the same insurer.

• The cover type has to match. For example, gift cards from State and AMI require a new comprehensive car policy, not third party cover. AMI's $200 card needs a new home and contents policy.

• You usually have to buy online and pay on time. Many offers, including the State and AMI promotions, require an online purchase, and you must keep the policy active and your premiums up to date.

• There is often a holding period. Gift cards usually arrive within about 30 days and may carry an expiry date. Some require you to take action such as having to apply for the gift card.

The reward always follows the purchase. It is not free money until you have committed to and paid for the policy, so the policy itself needs to stack up first.

Why a sign-up offer could cost you hundreds more, not less

A sign-up offer is a one-off reward from the insurance provider, but your premium is a cost you pay every year. If an offer steers you towards a pricier policy, the higher premium you pay each year can easily wipe out the reward many times over, especially if you keep rolling the policy over year after year long past the one-off offer you got upfront.

The numbers back this up.

Quashed Index data shows that in Q2 2026:

• 8 in 10 drivers who compared their comprehensive car cover found an average of $404 a year in savings

• 6 in 10 homeowners found an average of $809 a year in savings

• 7 in 10 contents insurance shoppers found an average of $296 in savings.

In total, for a household with one vehicle, house and contents insurance policy could save over $1,500 a year.

Car insurance: one car, one driver, eight quotes

To put real numbers on it, we ran a Quashed Market Scan and compared the results across eight different insurance providers for the same driver and car: a 39-year-old Auckland driver with a full NZ licence, five-plus years' experience and no accident history, insuring a 2018 Toyota Aqua Hybrid with a $12,000 sum insured. Excess-free windscreen and roadside assistance have also been selected for the comparison.

Note: The premiums below are for this exact driver and car. Your own age, location, vehicle and history could reorder this table completely, so an insurer that looks expensive here may be your cheapest, and vice versa.

State's quote used a slightly higher $600 excess, as $500 was not offered by State Insurance.

Across all eight quotes, for the same car and driver, premiums varied from $890 to $1,990 a year. This is after taking into account the various offers. A huge difference of $1,100 a year depending on which insurance provider you end up purchasing your cover from.

How can you actually save on your insurance?

The smartest move is not to chase a sign-up offer. It is to compare:

• Compare as many insurance options as you can, not just the one with an offer. For a single policy the cheapest and most expensive quotes can be hundreds, sometimes more than a thousand dollars, a year apart.

• Compare the cover, not just the price. Check the excess, the sum insured and what is included.

• Treat any reward, whether a card, discount, cash back or free month, as a tie-breaker, not a deciding factor.

• Compare your policy at every renewal, as insurers often keep their sharpest pricing and offers for new customers. Why? Because existing customers often don't compare and switch. 

The fastest way to do this is a free Quashed Market Scan. In around 90 seconds you can compare real-time quotes from a wide range of NZ insurance providers side by side, across car, home, contents and more.

Related reading

These Quashed guides go deeper on the topics this article touches on.

• Ultimate NZ Guide to Car Insurance (2026): Compare and Find the Best and Cheapest Cover: A full guide to how car insurance works and finding the best, cheapest cover.

• Cheap Car Insurance NZ 2026: Proven Ways to Lower Your Premium: Proven, practical ways to lower your premium without cutting the cover you need.

• Average Car, House and Contents Insurance Cost NZ 2026: The latest Quashed Index data on what Kiwis pay and how much comparing can save.

• Car Dealers NZ 2026: The Insurance Checklist Before You Drive Off the Lot: The insurance checklist to work through before you drive a dealer car off the lot.

Frequently asked questions

Are insurance sign-up offers worth it?

Sometimes, but only if the policy behind the offer is genuinely good value. A one-off gift card or discount is worth far less than the premium difference between insurers, which you pay every year. This is especially true if you're not shopping and comparing your insurance every year. It is better to use a sign-up offer as a tie-breaker between two policies you're deciding between, never as the reason you choose one.

Which NZ insurers are offering sign-up offers in 2026?

As at August 2026, Assurant, AMI, Cove, State, and Tower are all running sign-up offers across car, home and contents insurance. All are a one-off rewards: gift cards, premium discounts, cash back or free weeks of cover Offers can change often, so always check the insurer's website for current terms.

How long does it take to get an insurance gift card after signing up?

Gift cards and cash back are paid only after you buy a qualifying new policy, pay your first premiums on time and keep the policy active. Digital cards usually arrive within about 30 days. There are some complaints online that gift cards take a very long time to process and some have not received it after months.

Do insurance sign-up offers apply to renewals?

No. Almost every insurance sign-up offer in NZ applies only to new policies, not renewals. Renewing, amending or reinstating an existing policy does not qualify, and some offers also exclude you if you recently cancelled a similar policy with the same insurer.

How do I compare insurance quotes in NZ?

The fastest way is a free Quashed Market Scan, which compares real-time quotes across the widest range of NZ insurance providers side-by-side in about 90 seconds. It shows the price, excess and cover for each, so you can see whether the insurer running an offer is actually the best value.

Where can I find the current insurance offers in NZ?

This page is our regularly updated round-up of the current insurance offers in NZ, checked against each insurer's website and promotion terms. Because offers change often, always confirm the terms on the insurer's own site before you buy. To see whether the insurer behind an offer is actually your best value, run a free Quashed Market Scan.