Tower Car Insurance
With more than four million cars driving on New Zealand’s roads, car insurance has become a mandatory part of getting from A to B. However, not all insurance policies are created equal. Here, Canstar compares how Tower’s vehicle cover stacks up against other insurers.
What policies does Tower Car Insurance offer?
Tower offers customers a choice of three car insurance policies: Comprehensive, Third Party, Fire & Theft, and Third Party cover.
All of Tower’s car insurance policies provide cover for legal liability, and damage caused to your vehicle by an uninsured vehicle (policy limits apply). Tower also offer a no-claims benefit on all its policies, so if you don’t make any insurance claims, you can expect lower premiums.
Additionally, Tower offers customers optional benefits such as access to its 24-hour RoadWise roadside assistance, a windscreen excess buyout, Airpoints Dollars on eligible policies and multi-policy discounts.
Check out the link below to see how this compares against other insurers.
Compare Car Insurance with Canstar
What’s covered by Tower’s Comprehensive Car Insurance Policy?
Some of its benefits include:
- New car replacement if written off within two years of purchase
- Lost or stolen keys: up to $1000 cover, excess free
- Damage caused by an uninsured vehicle
- Transport costs: if you are unable to drive your vehicle following an accident, Tower provides up to $500 of transport and accommodation costs to get you home
- Repair guarantee: Tower will cover repairs for life (if completed by one of its recommended repairers)
- Replacement child car seats up to $750
- One event one excess
- Legal liability up to $25m, and $1m for bodily injury
Optional benefits: RoadWise roadside assistance, no excess on windscreen claims, rental car.
What’s covered by Tower’s Third Party, Fire & Theft Policy?
Tower’s Third Party, Fire & Theft Policy offers less cover than its comprehensive policy, but is a great option to save on premiums. It could be ideal if you feel your vehicle is not worth insuring fully, while still giving you cover should you damage others’ property.
Some of its benefits include:
- Damage caused by an uninsured vehicle up to $4000
- One event one excess
- Repair guarantee: Tower will cover repairs for life (if completed by one of its recommended repairers)
- Replacement child car seats up to $500
- Transport costs: if you are unable to drive your vehicle following an accident, Tower provides up to $250 of transport and accommodation costs to get you home
- Legal liability up to $25m, and $1m for bodily injury
Optional benefits: RoadWise roadside assistance, no excess on windscreen claims, rental car.
What’s covered by Tower’s Third Party Policy?
The company’s Third Party policy is Tower’s cheapest policy. It offers customers legal liability cover up to $25m for property and $1m for bodily injury. In most cases it does not cover the cost to repair a vehicle. However, if a vehicle is damaged by an uninsured vehicle, it provides cover up to $4000.
Optional benefits: RoadWise roadside assistance
What makes Tower Car Insurance different?
Tower offers a discount of up to 20% as part of its multi-policy discount scheme. It also offers the ability to earn one Airpoints Dollar for every $100 spent on your premium.
The MyTower site makes managing your insurance easy, and its innovative GoCarma driving app rewards you with lower excess fees.
Additionally, all of Tower’s policies are awarded the WriteMark Plain Language standard, meaning you don’t have to worry about confusing policy documents.
About Tower New Zealand
With roots dating back to 1869, Tower Insurance has a long history in New Zealand. A Kiwi born and bred company, Tower has been providing Kiwis with a range of insurance cover for over 150 years.
Since becoming the Tower Corporation in 1987 – and listing publicly as Tower Insurance New Zealand in 1999 – the company has offered insurance policies across vehicle, contents, business and travel, while boasting “innovative” ways to give its customers confidence.
