Tower has become the 5th major player to drop these multi-party discount deals, for both new and renewing customers.

The company says it's shifting focus to 'personalised pricing.' 

However, Consumer NZ Investigative Team Lead Rebecca Styles told Mike Hosking that this is more likely to be a reaction to recent penalties that the company received for not charging customers the correct amount. 

"They are moving to personalised pricing so at a health level they can tell what the risks are at your place and price accordingly."

LISTEN ABOVE

Tower has become the 5th major player to drop these multi-party discount deals, for both new and renewing customers.
The company says it's shifting focus to 'personalised pricing.'&nbsp;
However, Consumer NZ Investigative Team Lead Rebecca Styles told Mike Hosking that this is more likely to be a reaction to recent penalties that the company received for not charging customers the correct amount.&nbsp;
"They are moving to personalised pricing so at a health level they can tell what the risks are at your place and price accordingly."
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Rebecca Styles: Consumer NZ Investigative Team Lead discusses multi-cover discounts on insurance policies

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/eefca039-569a-46d2-89e0-b3e401327f0b/transcript