Date: Wednesday, 8th December 2010
Media Release
Business Mentors Patron Tower Insurance Launches Commercial Vehicle Insurance Product
The launch of a new commercial vehicle insurance product by Business Mentors patron, TOWER Insurance, one of the
country’s oldest providers, means that New Zealand business owners can now purchase a comprehensive commercial insurance
package from one supplier.
Julian Lough, National Manager - Commercial Sales at TOWER Insurance, hopes that offering the vehicle insurance policy,
alongside the other business insurance packages available, will encourage more people to consider protecting their
company vehicles. According to Julian, it is an area of insurance that many businesses, especially when finances are
tight, make the mistake of overlooking.
‘Lots of people put it off because they’re concerned that it will be expensive. However, you really need something in
place, even if it’s the most basic option,’ explains Julian. ‘Some level is better than no level at all. At the very
least, protect yourself and your employees with third party insurance. This is the insurance for when you accidentally
run into somebody else’s vehicle or property.’
‘Also remember that it’s not just the other driver’s car you need to worry about,’ adds Julian. ‘If another car crashes
into your vehicle and you are both uninsured, it can be very difficult to reclaim the costs involved in fixing your
vehicle. In many cases, you will be forced to chase the money through the Disputes Tribunal or District Court. Not
something any business owner wants to spend their valuable time doing.’
The new policy, officially named TOWER Tailored Commercial Vehicle Insurance, will provide customers with a wide variety
of different options, including Full and Third Party cover.
For more information, visit www.tower.co.nz.
ENDS