Building insurance

Building insurance can provide protection for your home and its permanent fixtures – such as your roof, ceiling, walls, floors, doors, windows, built-in cabinets and cupboards – but not your contents.

It includes cover for damage or loss due to things like:

• Fire
• Flood
• Storm
• Theft
• Vandalism.

What’s covered depends on the type of building insurance you have and your specific policy. Most building insurance policies can cover the cost of replacing or repairing your building in the event that something goes wrong like:

• Fire
• Flood
• Storm
• Theft
• Vandalism.

QBE Home Insurance buildings cover also includes things like:

• Temporary accommodation costs for up to two years if your home is unliveable due to damage by an insured event
• Electrical motor burnout cover (for fixtures like air conditioning units)
• Emergency temporary repairs
• Environmental upgrades.

Accidental damage cover is an option that you can add for an extra premium if you need it.

The cost of building insurance depends on a number of factors, such as:

• How much cover you choose for your property (sometimes called your ‘sum insured’)
• Whether you decide to add any optional cover, like accidental damage
• The basic excess you choose (Be sure to pick a basic excess you can afford to pay at short notice if you need to make a claim)
• Your claims history
• The location of your insured property
• Characteristics of your home
• Your payment frequency.

Read more about premiums, excesses and claims in the relevant Additional Information Guide.

The easy way to compare building insurance and see how much it may cost you is to get a quote.

This all depends on your circumstances and how much cover you need. At QBE, we offer a range of home insurance options depending on how the home is occupied.

You can also customise your policy with optional extras – so you can select the cover to suit your needs.

With QBE Home Insurance, accidental damage cover is an option you can add for an additional premium.

If you add accidental damage cover to your building insurance policy, we can cover accidental damage to your buildings, including damage caused by things like power surge.

The Buildings Sum Insured Safeguard benefit is like a safety net. It’s designed to help protect against underinsuring your buildings. Your Certificate of Insurance will confirm if your policy includes the safeguard benefit.

If it does and we accept a claim that exceeds your buildings sum insured, we can pay up to 30% more than the buildings sum insured shown on your Certificate of Insurance.