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Insurance with a Criminal Record in NZ

Having a criminal record can make many aspects of life more challenging, and obtaining insurance is no exception. Insurance companies will often view those with a criminal record as a higher risk, and may be hesitant to provide coverage. However, there are options available, and Gerrards, an insurance broker in NZ, can help depending on the crimes that are on the record.

When it comes to insurance, the severity and type of the crime will be the most significant factors in determining eligibility. In general, crimes such as theft, burglary, or assault may make it more difficult to obtain insurance, as they suggest a higher likelihood of future claims. On the other hand, lesser offenses, such as traffic violations, may have little to no impact on insurance eligibility.

Gerrards can work with those who have a criminal record to help them obtain insurance coverage. However, it’s essential to note that if there is a history of fraud or deception, then it is almost impossible to obtain insurance. This is because insurance companies are inherently risk-averse, and fraud or deception suggests a higher likelihood of future fraudulent claims.

In addition to the severity and type of crime, other factors may come into play when it comes to obtaining insurance with a criminal record. For example, the amount of time that has passed since the offense may be considered, as well as any efforts made towards rehabilitation.

Gerrards can assist in finding insurance options that are willing to work with individuals with criminal records, as well as help navigate the application process. It’s important to be upfront about any criminal history when applying for insurance, as failure to disclose this information could result in a denied claim in the future.

It’s worth noting that some types of insurance may be easier to obtain with a criminal record than others. For example, obtaining auto insurance may be more straightforward than obtaining life insurance or professional liability insurance. Working with an experienced insurance broker, such as Gerrards, can help navigate the complexities of insurance with a criminal record.

In conclusion, having a criminal record can make obtaining insurance more challenging, but it’s not impossible. Gerrards, an insurance broker in NZ, can work with individuals with criminal records to help them find insurance options that are willing to provide coverage, depending on the severity and type of the crime. It’s important to be upfront about any criminal history when applying for insurance, and to work with a knowledgeable broker to navigate the complexities of insurance with a criminal record.

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