Tower Home & Contents Insurance

Insurer of the Year | Home & Contents

Tower is the winner of Canstar’s Insurer of the Year | Home & Contents Award 2025.

Awarding Tower its top Home & Contents Award for the second year in a row, Canstar’s research panel noted the outstanding value offered by Tower’s insurance products, especially its Standard and Plus policy options, which feature comprehensive insurance cover at affordable prices. Our team also noted Tower’s strong performance when it comes to events cover – including floods, storms and earthquakes – which is particularly relevant for many Kiwi households.

Tower’s award comes on the back of it also taking home one of Canstar’s Outstanding Value Home & Contents Insurance Awards 2025.

What’s on offer from Tower?

Tower offers its customers three levels of award-winning cover across its contents, home and home & contents policies: Premium, Plus and Standard. It also offers multi-policy discounts of up to 20% if you purchase multiple policies.

What’s covered by Tower’s home insurance?

Premium cover: Tower’s most comprehensive policy includes cover benefits including temporary accommodation up to $30,000, gradual damage from water leaks up to $3000, extended carpet replacement and reduced $100 excess for glass breakages.

Plus cover: Benefits include temporary accommodation up to $25,000, gradual damage from water leaks up to $2000 and reduced $200 excess for glass breakages.

Standard cover: Benefits include temporary accommodation up to $15,000, and gradual damage from water leaks up to $1000.

All of Tower’s home insurance policies cover:

• Full replacement of your home up to sum insured.
• Extended sum for fire damage: 20% extra cover should your house be destroyed by fire (excludes fires by natural hazards).
• Natural disaster damage: if your home suffers natural disaster damage, which is more than the EQCover limit, Tower will pay the difference up to the sum insured.
• One event/one excess: if you need to make a claim on more than one of your Tower house, contents or car policies at the same time, you’ll only pay one excess.
• Garden retaining walls and landscaping.
• Keys and locks.

What’s covered by Tower’s contents insurance?

Premium cover: Replace lost, damaged or stolen goods with items of similar value, including $10,000 cover per mobile phone, up to $30,000 for jewellery, and up to $10,000 for home office and sports/leisure equipment, prescription glasses/contact lenses and $10,000 student cover.

Plus cover: Up to $15,000 for jewellery, $5000 for home office, sports/leisure equipment, and prescription glasses/contact lenses; $5000 student cover and up to $1000 per mobile phone.

Standard cover: Up to $5000 for jewellery, $1000 sports/leisure equipment and prescription glasses/contact lenses; $5000 student cover and up to $500 per mobile phone.

All of Tower’s contents policies cover:

• Replacement or repair of possessions, up to policy limit and sum insured.
• Natural disaster cover.
• Transit insurance when moving.
• Keys and locks.
• Spoiled frozen or chilled foods.
• Legal liability.
• One excess.

About Tower New Zealand

Tower Insurance has a long history in New Zealand and has been providing Kiwis with insurance cover for over 150 years. The company become the Tower Corporation in 1987, and listed publicly as Tower Insurance New Zealand in 1999.

Tower offers insurance policies across vehicles, property, contents, business and travel. 

NB: This is only a summary of key benefits. Application for cover is subject to underwriting acceptance. For full details, exclusions and limitations, please refer to the Tower website.