No, car insurance is not a legal requirement in New Zealand, making it an outlier among developed nations. You can legally register, own, and drive a vehicle on public roads without purchasing any third-party property damage or comprehensive insurance policy. Personal injuries resulting from road accidents are covered nationally by the state-run Accident Compensation Corporation (ACC) scheme. However, while optional by law, driving without third-party property insurance exposes motorists to immense financial vulnerability if they cause a collision with another vehicle.
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