Broad, flexible cover for your runabout, jet ski, launch or yacht while within the coastal waters of New Zealand, in transit on its trailer and while stored.
Call us on 0800 992 922 or request a callback.
If one incident means you need to claim on multiple Tower policies, you’ll only pay one excess. The highest excess applies.
If you haven’t had a claim with us (or another insurer) during the last year of your insurance, you’ll receive a discount on your premium.
We provide cover for loss that happens to your boat, on land, on water, in storage or on its own trailer.
If you accidentally damage someone else's property with your boat, we'll cover your liability in respect of a claim.
We’ll replace your boat with a new boat of the same make and model subject to current local availability if, as a result of a loss covered by this policy, your boat becomes a total loss.
Where the loss is to your boat motor and that motor is five years old or less, we’ll pay for the costs of new mechanical and electrical components.
If your boat is a yacht, we’ll provide cover while it’s being used for social yacht racing (as defined in the wording).
We’ll temporarily cover any boat you purchase to replace your boat that was previously insured under this policy for up to 14 days as long as the new boat is $250,000 or less.
We’ll cover you for legal liability up to $5,000,000 imposed on you by the terms and conditions of a lease or agreement with you for the provision of a berth or storage facility for your boat.
If you’ve chosen this optional benefit, we’ll cover loss to your recreational equipment (fishing gear, diving equipment, and waterski equipment) while it’s on your boat or in use.
If you keep your boat stored over winter, we offer optional lay-up cover that means you pay a reduced premium for the period your boat is not in use (eligibility criteria applies).
This is a summary only. See the policy for the full list of benefits, terms and conditions.
This is the most current policy available to purchase on our website. Your policy wording may be different.
Request a copy of your policy wording.
Tower Insurance is a member of the Insurance Council of New Zealand (ICNZ) and we abide by the ICNZ Fair Insurance Code.
Learn more about the Fair Insurance Code
Here are some things you need to complete your quote. We can help you to calculate the cost of boat insurance, just request a quote callback:
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We aim to make claiming on your boat insurance as simple as possible. We'll guide you through the process, let you know what happens next and keep you up to date with any progress.
Find out more about boat claims
If you're not completely happy with your cover, just let us know within 15 days of the policy start date.
As long as you haven't made any claims during this time, we'll cancel the policy and refund any premium payments you've made.
To request a quote or to make an enquiry, please leave us your details below and we'll be in touch shortly. *Underwriting terms apply.