New Zealand is one of the notable developed countries where comprehensive or third-party property damage car insurance is not legally mandatory. Unlike many international jurisdictions that require drivers to prove financial liability coverage before registering a vehicle, New Zealand law does not compel motorists to buy property insurance. Instead, personal injuries sustained in traffic crashes are handled universally by the state-backed Accident Compensation Corporation (ACC) scheme, which replaces the right to sue for personal injury. However, going without optional property damage insurance remains a massive financial risk.
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