Tower Home & Contents Insurance

Home and contents insurance provides a safety net that helps alleviate the financial and emotional stress associated with the loss of valuable assets. Canstar reviews Tower’s home and contents cover.

What’s on offer from Tower?

Tower offers its customers three levels of home cover – Premium, Plus and Standard policies – as well as Premium, Plus and Standard policies on contents insurance.

Tower says that its Plus policies are most popular with customers. These policies can be purchased separately, but an up to 20% discount applies when you have multiple insurance policies with Tower.

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What’s covered by Tower’s home insurance?

All of Tower’s home insurance policies cover:

  • Full replacement up to the insured sum should your house be destroyed.
  • One event/one excess. This means if you need to make a claim for more than one of your Tower car, house and contents policies at the same time, you only pay one excess.
  • Full replacement for fire policy. If your home burns down, Tower will rebuild it, even if it costs more than your sum insured. Excludes fires following natural disasters
  • Gradual damage
  • Temporary accommodation
  • Garden and landscaping
  • Keys and locks

The amount of cover varies depending on the policy you choose: Premium, Plus or Standard.

What’s covered by Tower’s contents insurance?

All of Tower’s home contents policies cover:

  • Replacement or repair of possessions, up to limits in your policy and your chosen sum insured
  • Transit insurance when moving
  • One event, one excess, as above
  • No claims bonus
  • Natural disaster damage
  • Liability protection
  • Cover for your possessions anywhere in NZ
  • Mobile phone cover
  • Jewellery cover
  • Glasses, hearing aids and dentures
  • Watercraft
  • Student cover if your child is at university

The amount of cover varies depending on the policy you choose: Premium, Plus or Standard.

About Tower New Zealand

With roots dating back to 1869, Tower Insurance has a long history in New Zealand, providing Kiwis with a range of insurance cover for some 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. 

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.

Home & Contents Insurance

Canstar Research
Award: Outstanding Value Home & Contents Insurance

Written by: Andrew Broadley | Last updated: May 18, 2023