Compare our standard house insurance
Our standard house insurance policy covers the essentials. Great for the budget conscious or those who want the safety of insurance without the extras.
Why not give our house insurance calculator a go? It can help you work out the rebuild cost of your home.
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.
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 hazards.
One event one excess
If one event means you need to claim on multiple Tower car, home and contents policies, you’ll only need to pay one excess. It’s the highest excess that will apply.
Easy to understand policies
Our policies meet the WriteMark Plain Language Standard, which means our policy wording is easier to read and understand.
We're award-winning
We're over the moon to have won Canstar ’s 2023 Outstanding Value Home & Contents Insurance Award, as well as the General Insurer of the Year 2022 at the NZ Insurance Business Awards.
Our standard house insurance policy includes
This is a summary only. For all of these benefits, please make sure you read the policy wording to understand the terms, conditions, limits and exclusions that may apply.
Standard
Up to $1,000
Up to $15,000
Up to $15,000
Up to $1,000
Up to $15,000
Up to $500
Up to $10,000
Info, ideas and inspiration
Tips on protecting the things that matter the most to you.
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.
Why we’ve changed to risk-based pricing for house 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.Â
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.Â
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.Â
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.Â
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.Â
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).Â
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.Â
Yes. If your house is damaged in an earthquake or natural disaster your Tower House insurance covers you up to your sum insured for the cost to repair or rebuild your house.
For more detailed information, check the Standard, Plus, and Premium House policies or call us on 0800 379 372.
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 pets.Â
Damage to your home made through daily life, ageing, and normal wear and tear is not covered. However, we do cover you for hidden gradual water damage caused over time by a leak or overflow from an internal water pipe, hose, or tank. Limits apply.Â
You don't have to tell us if your home is unoccupied for a short period of time, as you'll still be covered.Â
However, if you house is left unoccupied for more than 90 consecutive days, your cover is limited from day 91 to loss, damage, or liability arising from:
- a natural hazard
- a fire resulting from a natural hazard
- a fire that is not related to or started by any deliberate act or intentional act
- a storm or flood caused by weather events.Â
An additional excess of $1,000 will be applied in the event of a claim for loss to your house under the above circumstances.
This does not apply to your holiday home.Â
Please call us on 0800 379 372 if you know your house has been, or will be, unoccupied for more than 90 days.Â