Save $50 on boat insurance
Switch your boat insurance today and save $50 online, plus be in to win a year's premium.* Hurry offer ends 28 May.
Why choose Tower boat insurance
Looking to insure your new boat or thinking of switching insurers? As Coastguard's preferred boat insurer, when you insure your boat, cruiser, jet ski or yacht with Tower, you can enjoy a great range of benefits and optional extras. If you need any help in choosing the right boat insurance policy for you, check out our boat insurance buyers guide.
$30 off a Coastguard membership
Tower boat insurance customers can enjoy $30 off Coastguard individual memberships for additional peace of mind while out on the water. Ts&Cs apply.
We're thrilled to have won General Insurer of the Year 2022 at the IBNZ Awards.
Save up to 20% with our multi-policy discount
Buy multiple car, house, contents, landlord or boat policies and save up to 20%. Ts&Cs apply.
3 year replacement from new
Insured your boat from new with Tower? If during your claim it's written off by us, we’ll replace it with a new boat of the same make and model.
Social yacht racing cover
Enjoy yacht racing? Enjoy it with peace of mind. We cover your yacht, trailer sailer or off-beach yacht while it’s being used for social yacht racing.
Optional cover for recreational equipment
We'll cover loss to your recreational equipment (fishing gear, diving equipment, and waterski equipment) while it’s on your boat or in use.
This is a summary only. For all of these benefits, please make sure you read the policy wording & cover documents to understand the terms, conditions, limits and exclusions that may apply.
Boats we cover
Save up to 10% when you insure your car and boat
One day you're playing with toy cars and boats, the next day you're towing a jet ski to the boat ramp.
With our multi-policy discount, you can enjoy up to 10% off when you buy car and boat insurance together. Get up to 20% when you add a third policy!**
Boat insurance FAQs
Diving equipment, fishing gear (rods and reels, but not tackle or tackleboxes) and water ski equipment provided they are not otherwise insured.
We may need a few more details from you which we can uncover over the phone, please get in touch with us on 0800 379 372.
Our Boat Comprehensive policy covers you for loss only while it is being used for social, domestic or recreational purposes within New Zealand’s geographical limits. We do not offer cover for business or commercial use currently.
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.