Building Insurance

We don’t cover damage caused by water leaking or escaping from a shower recess or shower base. We don’t cover loss from erosion or other earth movements. We don’t cover the costs to repair or replace the item that liquid leaked or escaped from.

We don’t cover actions of the sea, such as tides and waves. Check the PDS for a full list of exclusions. For insured properties in NSW, ACT or Tasmania, if we give you the option to remove cover for flood, rainwater run-off and storm surge from your Building Insurance and you choose to do so, you won’t be covered for loss or damage to your home caused by flood, rainwater run-off or storm surge.

If you own and live in your home, we cover the reasonable costs of temporary accommodation. As long as you were living in the damaged home permanently before the incident, we pay for accommodation for up to a year for the Home Buildings Standard policy (or up to two years if you have a Home Buildings Plus policy), or when your home is repaired or replaced (whichever is first). We pay your temporary accommodation costs up to 10% of your sum insured for Home Buildings Standard policies, and up to 20% for Home Buildings Plus. We need to be satisfied your home is unliveable and we need to agree to the cost before you make arrangements.

We don't cover loss or damage caused by tree cutting, lopping or felling, unless it was performed by a professional.

Your interest in the home is covered up to the amount of the deposit until the earliest of 90 days or when the contract settles or terminates. You are only covered if the vendor’s insurance does not provide cover.

We do not cover plants grown for commercial purposes, or for loss or damage to pot plants, lawn or soil washing away. We will pay up to $3,000 if you have ‘Plus’ cover, or $1,500 if you have ‘Standard’ cover.

We can cover electric motors for up to 15 years after they were made, provided they are not covered by a warranty, you do not use them for a business, trade or profession and they are kept at your home or site. We do not cover the cost to remove or install submerged or underground motors.

See the full details of the online discount. Any applicable discounts may be subject to minimum premiums. Discounts only apply until a minimum premium is reached. When we determine your premium on renewal, we may also limit any increases or decreases in your premium by considering factors such as your previous year's premium amount.