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Trade Me Car Insurance Review 2025

Insurspy

30 March 2025 at 11:15 pm

Trade Me Car Insurance Review 2025
Trade Me Insurance Logo

⭐⭐⭐⭐⭐

Rating from CANSTAR

Our Take

Trade Me Insurance is a white-labeled product powered by Tower Insurance. It offers basic car insurance with competitive pricing through Trade Me's trusted online marketplace. The policies are underwritten and serviced by Tower, but quotes and management are accessed via Trade Me's portal.

👍 Pros
  • Affordable pricing via Trade Me platform.
  • Backed by Tower (strong claims and reputation).
  • Easy online quote process.
  • Great for quick car cover when buying/selling on Trade Me.
👎 Cons
  • Fewer policy customization options.
  • No mobile app or in-app policy management.
  • Brand confusion — claims handled by Tower, not Trade Me.

Trade Me Insurance Review

insurspy gives Trade Me Insurance a 3.8-star rating. It's a simple, fast, and affordable car insurance option for budget-conscious drivers, especially those active on Trade Me. The backend is managed by Tower, so claim reliability is strong despite the white-label setup.

Is Trade Me Insurance a Good Car Insurance Company?

Yes — especially if you want fast, no-fuss cover at a competitive price. It's ideal for digital shoppers and vehicle buyers/sellers needing instant quotes.

How Much Does Trade Me Insurance Cost?

Trade Me Insurance is slightly cheaper than Tower direct thanks to its streamlined digital platform. Drivers with clean records and older vehicles benefit most.

Discounts

  • No-claims bonus
  • Annual payment discount
  • Lower base rate for drivers aged 25+
  • Trade Me exclusive pricing promotions

Coverage Options

  • Third Party
  • Third Party Fire & Theft
  • Comprehensive

Optional Extras: Windscreen Cover, Rental Car After Accident, Agreed Value

Industry Ratings

  • Underwriter: Tower Insurance (AM Best: A-)
  • Trade Me Trustpilot Score: 4.4 / 5
  • Customer feedback: Mixed — strong pricing, weaker digital tools

Customer Reviews

1.2 / 5 (463 Reviews from NZ Trustpilot)

⭐⭐⭐⭐⭐ – 3%
⭐⭐⭐⭐ – 2%
⭐⭐⭐ – 1%
⭐⭐ – 4%
⭐ – 90%

Contact Trade Me Insurance

  • Website: www.trademeinsurance.co.nz
  • Claims handled by Tower: 0800 379 372

Methodology

insurspy evaluates white-labeled products like Trade Me Insurance based on their underwriter, digital experience, pricing, and claim support. Ratings are benchmarked annually.

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