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Building Insurance

Our Residential Building Insurance policy covers you for unexpected events that damage your building, such as fire, storm and flood, as well as loss or damage caused by tenants or unknown persons.

Combine with Landlord and Save.Find out more >
Buy online and SAVE 5% on your first year's premium
Your Investment Property Awards – Landlord Insurance

What's Covered

Damage from unexpected events

Protects your property against loss or damage caused by:

  • Fire or explosion
  • Storm or rainwater
  • Flood
  • Escape of Liquid
  • Lightning
  • Show more

Damage caused by tenants, visitors or unknown persons

Protects your property against:

  • Accidental loss or damage
  • Tenant damage
  • Break-in vandalism or theft

Loss of rental income

Up to 52 weeks

If your building is damaged by an insured event and becomes untenantable for more than 7 days, we’ll cover your loss of rent for up to 52 weeks (and no more than $50,000 per year for holiday let properties).

Also covers

We cover your legal liability for an occurrence that causes death or bodily injury to other people, or damage to other people’s property, up to the limit of $20 million.

For full details of our policies we recommend you read the relevant Product Disclosure Statement.

Details of what's covered

Building

Hide Detail

Cover anywhere between $100,000 and $2million

Insured Events
Sub-limit
Fire or explosion
Storm or rainwater
Flood
Escape of Liquid
Lightning
Earthquake
Impact
Accidental glass breakage
Riot or civil commotion
Oil leakage from any heater
Electric motor burnout
Up to $2,000 per claim
Accidental loss or damage
Tenant damage
Break-in vandalism or thefts

Loss of Rental Income

Show Detail
Insured Events
Limit
Untenantable
Up to 52 weeks loss of rent (and no more than $50,000 per year for holiday let properties)

Other

Show Detail
Insured Events
Limit
Legal Liability
Up to $20million in legal liability

Building

Hide Detail

Cover anywhere between $100,000 and $2million

Insured Events
Limit
Fire or explosion
Storm or rainwater
Flood
Escape of Liquid
Lightning
Earthquake
Impact
Accidental glass breakage
Riot or civil commotion
Oil leakage from any heater
Electric motor burnout
Up to $2,000 per claim
Accidental loss or damage
Tenant damage
Break-in vandalism or theft

Loss of Rental Income

Show Detail
Insured Events
Limit
Untenable
Up to 52 weeks loss of rent (and no more than $50,000 per year for holiday let properties)

Other

Show Detail
Insured Events
Limit
Legal Liability
Up to $20million in legal liability

For full details of our policies we recommend you read the relevant
Product Disclosure Statement.

Why Building Insurance is important

You can’t control the weather or other unexpected events like theft or accidents. But you can protect yourself against the loss and damage they cause. Our Residential Building Insurance policy provides cover for the cost to repair damage, as well as the loss of rent you incur whilst the repairs are being undertaken.

Combine
and save

If you own a freestanding building, combine one of our Landlord Insurance products with our Residential Building Insurance and receive a 10% discount on your Residential Building Insurance policy.

Find out more
Building Insurance is rated 4.7 out of 5 by 100.
Rated 5 out of 5 by from Easy to follow instructions Hassle-free forms with no confusing questions to answer.
Date published: 2020-01-12
Rated 4 out of 5 by from House Insurance Well priced and comprehensive cover that well suits our requirements.
Date published: 2020-01-09
Rated 5 out of 5 by from Building Insurance Easy to navigate website, quick and very competitively priced.
Date published: 2020-01-07
Rated 4 out of 5 by from best Price and insurance deal for this property I would have bought more policies if they were not more.
Date published: 2019-12-10
Rated 4 out of 5 by from good Change to the bldg date goes only up to 2016. 1969 approx. Also I bought it today at auction. The Mortgage broker is not decided on.
Date published: 2019-11-16
Rated 5 out of 5 by from Value for money, Easy to understand website Value for money insurance
Date published: 2019-11-11
Rated 5 out of 5 by from Landlord Building Insurance Good price (much better than the company I have been with for many years who put the annual premium up $200 in one year despite no claims ever) and the new cover was easy to complete online.
Date published: 2019-11-09
Rated 5 out of 5 by from Fast and easy to obtain quote and purchase online Just went on to their website and was able to easily obtain a quote and purchase there and then. Cover is comparable to all the major insurers and comes with a discount when bundled with our landlord insurance.
Date published: 2019-10-29
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