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Why choose Tower house insurance
Bought your first home or looking for a house insurance quote? Get an accurate quote with Tower that includes your property's risk rating profile.
If you’re unsure of what the best house insurance is for you, check out our house insurance buyers guide. You can also try out our house insurance calculator - it can help you work out the rebuild cost of your home.
We're thrilled to have won General Insurer of the Year 2022 at the IBNZ Awards.
Your risk rating
We accurately calculate house insurance premiums based on flood and earthquake risk. Get a quote to check the risk rating for your home.
Extended sum insured for fire
If your house is destroyed by fire, this benefit gives you up to 20% more cover than your sum insured. Excludes fires following natural disasters.
If your house is destroyed, we'll provide up to $15,000 for you to add or upgrade to sustainable products in your new house. Excludes natural disaster losses.
Save up to 10% with house and contents
One day you're dreaming of owning a home, the next day you've got one full of stuff to insure.
With our multi-policy discount, you can enjoy up to 10% off when you buy house and contents insurance together. Get up to 20% when you add a third policy!**
Find out more about our contents insurance.
House insurance FAQs
It's important that the amount you insure your house for is enough to cover all costs to rebuild your house. This includes things like demolition costs, debris removal, professional fees and council fees.
When calculating the premium for a property, one thing we take into account is the specific natural disaster risk at your address. We call this risk-based pricing. For example, Wellington has a higher risk of earthquake damage than Auckland.
We believe this is the fairest way to determine the cost of insurance.
We use various sources of data to assess the level of risk each address faces. This includes information about the building itself like age, construction materials, and sum insured as well as its geographical location. To help us better understand the earthquake and flood risk in New Zealand, we’ve partnered with Risk Management Solutions (RMS) – one of the world’s leading catastrophe modelling companies. RMS earthquake and flood models are built using advanced technologies, science, and data, including lessons from historical events, geologic data, ongoing global research and damage statistics. Assessing properties with this level of detail means earthquake and flood damage risk can vary from one address to another, even for properties on the same street. These differences are reflected in our premiums.
You don't have to tell us if your house is unoccupied for a short period of time – you'll still be covered. But please let us know if your house will be unoccupied for more than 60 consecutive days. An additional excess may apply if your house in unoccupied for an extended period.
Looking to insure your holiday home? Just call us on 0800 379 372 and we'll tell you how we can help.
Our Premium, Plus, and Standard house insurance policies are designed for owner-occupiers. If you're looking to rent out your property, you will need our Landlord insurance policy.
Our Landlord insurance is designed to cover you for all sorts of renting-related issues. This includes deliberate damage, loss of rent and methamphetamine contamination.
Yes! If you have two or more car, house and contents policies with us you could save up to 20% off your premiums (Ts&Cs apply). Also, if a single event means you need to claim on more than one policy, you'll only need to pay one excess. The highest excess applies. Start your house and contents quote online now
Damage to your home made through daily life, ageing and normal wear and tear is not covered. However, we do cover you for gradual damage caused by water leaking from a concealed water pipe, tank or hose. Limits apply.
We are pet lovers too, and know that from time to time they are not always as well behaved as you may like. Unfortunately, our policies don’t cover damage to your house or furnishings caused by your pet.