“I bought a house. It’s a two-bedroom house, but I think it’s up to me to decide how many bedrooms there are. This bedroom has an oven in it. This bedroom has a lot of people sitting around watching TV. This bedroom is over in that other guy’s house.”

– Mitch Hedberg

Buying a home can be both an exciting and terrifying experience all at once. Your home purchase will likely be one of the biggest purchases you make in your life. It will become an asset, and a key part of your future and your goals. You have also probably worked and saved hard to make homeownership a reality. So, protecting this asset is a must.

You will find with any home lending, that the bank will require you to have House Insurance. This could be a first home, a holiday batch, or an investment property. 

House Insurance will cover the cost of rebuilding your home up to the value of the sum assured. You can even set it up now, to ensure that if the rebuild cost is more than the value of the sum assured, the insurer will still cover that cost.

So, how much cover does one need? We can help you with that. There are tools available that allow us to provide an estimate of rebuild costs. This can be used as your starting point.

There are various options for structuring your House Insurance. The Insurance Basket will take the time to understand your situation, so we can match you with the appropriate type of House Insurance, as well as the right sum assured.