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.
Protects your property against loss or damage caused by:
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 rental properties).
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.
This content applies to new policies and renewal policies commenced or renewed on or after 29 March 2021.
For full details of our policies we recommend you read the relevant Product Disclosure Statement.
The Target Market Determination is also available.
Estimate the cost to rebuild. This calculator can help you, as the owner of the property, work out the estimated rebuild cost of your residential building and to help you choose your sum insured.
Terri Scheer Home Building Calculator