Tower Contents Insurance

Tower is a well-established insurance company that has been serving the needs of people across New Zealand and the Pacific region for over 150 years.

The company is transforming to achieve higher growth by providing exceptional customer experiences. It has demonstrated resilience and strength during challenging economic times and looks forward to a promising future.

The company's main objective is to deliver straightforward and fulfilling customer experiences. To accomplish this, they’ve set clear strategic priorities to drive growth, foster innovation, and enhance its financial position.

They offer comprehensive insurance coverage for homes, vehicles, possessions, and businesses. As the last listed general insurer in New Zealand, the company boasts a strong market capitalisation of $265.64 million, with support from diverse shareholders.

Securing what matters for over a century

Tower prides itself on its commitment to diversity and inclusion, ensuring that these values are integrated into every aspect of the organisation. By combining a dynamic and innovative mindset with advanced digital technology and data analysis, they aim to revolutionise the insurance industry.

With its extensive experience spanning over a century and a half, Tower contents insurance strives to provide experiences that exceed customer expectations and contribute to the well-being of communities.

Sustainable innovation at its finest

Their new head office at 136 Fanshawe Street in Auckland exemplifies the company's dedication to sustainability. The state-of-the-art building is designed with a strong focus on environmental impact reduction, utilising cutting-edge technology to conserve energy and minimise waste. The office space promotes collaboration and agility, creating a productive environment for their employees.

Unprecedented transformation for customer delight

Their history dates back to 1869 when it was initially established as the Government Life Insurance Office, with support from the New Zealand government. Over time, the company underwent various transformations, including a change of name to Tower Corporation and a demutualisation process that led to its status as a shareholder-owned company.

They became listed on the Australian and New Zealand stock exchanges in 1999. In 2006, their New Zealand and Australian operations were separated, emphasising their focus on the New Zealand market.

Whether renting a home or owning your property, Tower contents insurance provides coverage for the things that matter most to you.

Contents insurance offers protection for your valuable possessions in the event of loss, damage, or theft, ensuring they can be repaired or replaced as needed. It provides personal liability coverage up to a specified limit in case you unintentionally cause damage to someone else's property anywhere in New Zealand.

Three home content policy options from Tower

You’ve got the flexibility to choose from a variety of contents insurance policies to suit your specific needs:

1. Premium cover: This comprehensive policy allows you to replace lost, damaged, or stolen items with equivalent value items.  
2. Plus cover: Designed for those seeking additional benefits and higher limits, the Plus policy offers coverage for prized possessions.
3. Standard cover: This budget-friendly option provides essential coverage, including up to $1 000 for prescription glasses and contact lenses and $500 for replacement mobile phones.

Protect your valuables with contents insurance

What is content insurance?

Contents insurance refers to the coverage of items typically found in your home. If you were to invert your house, anything that would fall out is generally included in this insurance. These household items are insured up to the sum you have specified.

Replacement for damaged contents

In the event of any damage, the company will replace or repair your contents up to the limits specified in your policy, including the sum insured. This ensures that your valuable belongings can be restored to their original condition.

Safeguard your belongings against natural disasters and get peace of mind

Protection against natural disasters:

If your possessions suffer damage due to a natural calamity like an earthquake, flood, or landslide, the insurance will cover the costs of repairing or replacing them. This coverage brings peace of mind and assists in recovering from unforeseen incidents.

Coverage for leisure equipment

The insurance provides additional protection for your sports and recreational gear, such as surfboards, kayaks, electric scooters, electric bikes, and camping equipment. This guarantees that you can partake in your preferred leisure activities without any concerns about possible harm or theft.