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Tower Insurance — Car Insurance Review

3 cover tiers from Tower Limited (NZX:TWR) · tower.co.nz

Last refreshed 2026-05-20 · Data source: Supabase insurance.

Cover tiers
3
Comprehensive · Third Party, Fire & Theft · Third Party
RBNZ Financial Strength
See RBNZ register
Legal entity
Tower Limited (NZX:TWR)

Underwriter and distribution

Independent NZ-listed insurer (NZX: TWR). Direct-to-consumer.

One of the few large independent (non-IAG, non-Suncorp) NZ general insurers. Also underwrites Trade Me Insurance motor.

Cover tiers offered

NZ motor insurance is sold in three standard tiers. Tower Insurance offers 3 of them. Premiums vary by vehicle, driver age, no-claims history, location and excess — get a quote for your situation.

Comprehensive

Covers damage to your own vehicle (accident, fire, theft, malicious damage, natural disasters), damage to other people's property, plus standard inclusions like windscreen, towing, and rental car. Highest cover, highest premium.

View Tower Insurance policy wording ↗

Third Party, Fire & Theft

Covers damage to other people's property if you cause an accident, plus fire and theft of your own vehicle. Does NOT cover accident damage to your own vehicle.

View Tower Insurance policy wording ↗

Third Party

Covers damage to other people's property if you cause an accident. Does NOT cover any damage to your own vehicle. The minimum sensible cover for a car driven on NZ roads.

View Tower Insurance policy wording ↗

Verified policy facts

Verbatim policy facts pending. We're in the process of ingesting Tower Insurance's current policy wording PDF so we can publish verbatim excess options, no-claims-bonus rules, drivers-under-25 rules, modified-vehicle rules, exclusions and waiting periods — the same way our sister site does for health insurance. Until then, please consult Tower Insurance's policy wording directly at tower.co.nz or contact us via /quotes/ for personalised advice.

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