Your CGU Building Insurance covers the home you live in, plus any other buildings on your property – like sheds and garages. You’ve got three options for your Building Insurance. With each, you’re guaranteed to love CGU’s attentive, quick service whenever you have questions or need to make a claim.
Compare our three covers
Accidental damage
For motors up to 15 years old
Up to $1,500
(includes GST)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Up to $20 million
For fences, gates, etc. up to 15 years old
Listed Events
For motors up to 15 years old
Up to $750
(includes GST)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Up to $1,000
(includes GST)
Up to $20 million
For fences, gates, etc. up to 15 years old
For motors up to 15 years old
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Up to $1,000
(includes GST)
Up to $20 million
For fences, gates, etc. up to 15 years old
Accidental damage
Listed Events
For motors up to 15 years old
Up to $1,500
(includes GST)
Up to $750
(includes GST)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Paid in addition to the sum insured
(up to 10% of your sum insured)
Up to $1,000
(includes GST)
Up to $1,000
(includes GST)
Up to $20 million
For fences, gates, etc. up to 15 years old
Terms and conditions apply to all cover types so please review the PDS for full terms and conditions.
Before you decide on the cover that’s right for you, read the Product Disclosure Statement (PDS) and Target Market Determinations. In the PDS you’ll learn everything you need to know about what’s covered and what’s not.
For previous policy booklets, check our policy booklets page.
Trusted network of repairers
If you need to make emergency repairs to your home, trust CGU to get the job done. Our reliable network of repairers will fix it, fast.
Putting a temporary roof over your head
Has your roof been blown away? If a storm or other event makes your home unliveable, we’ll pay for another place to live for up to 12 months.
Great claims service
We go out of our way to make the claims process hassle-free, and we pay valid claims as quickly as we can. After all, you’ve got other things to worry about.
We offer pay by the month at no extra cost
Prefer paying your home insurance in monthly instalments? Set up direct debit with us and pay for your home insurance by the month with no additional cost.
When you take out Building Insurance, you’re taking out cover for both the home you own, including your garage, shed and other structures on your property.
How much you’re covered for depends on a few things. You choose the sum insured (we’re here to help), and then you can choose from three levels of cover – Premium – Accidental Damage Cover, Quality – Listed Events or Basic – Fundamentals.
To really wrap your head around what’s covered with our Buildings Insurance, you should take a look at each Product Disclosure Statement (PDS):
Homes come in all shapes and sizes, right? This can determine the amount of insurance you pay; Home insurance for a large house in a suburb known for break-ins will cost more than a cottage in a quiet town.
When we calculate your home insurance premium, we look at a whole range of factors – from the materials used to build your home to its location.
The best way to answer this question is to complete a quick quote.
This depends on the type of policy you’ve taken out. Each of our Buildings Insurance policies comes with a Product Disclosure Statement (PDS), which lists out all the exclusions to your cover.
In short, you’re not covered for any foreseeable event or for general wear and tear (for example, your home deteriorating over time due to age).
We encourage you to read your PDS to see the full list of what is and isn’t covered:
If you are not concerned about covering the contents of your home – which includes things like carpet and curtains, as well as valuable items like jewellery and electronic equipment – then Building Insurance is the way to go. With Building Insurance, we’ll only pay for the cost of fixing the actual house if it’s damaged – not the stuff inside.
Say, for example, your home is flooded. Not only do you need to repair or replace some of the walls (part of the building) but you will also need to repair or replace carpets, furniture and valuable items (all considered contents).
Please read through these Product Disclosure Statements (PDS) to get a better idea of whether Building Insurance is right for you:
Use our building and contents calculators to get an estimate1.
Whether you’re insuring your building, your contents or both, the higher the sum you choose to insure then the higher your premium will be.
The higher your excess (which is the amount you pay when you make a claim), the lower your premium will be. This is entirely up to you.
Some building materials are more prone to damage or are more expensive to replace than others.
Some areas are more prone to burglary or damage than others. CGU calculates the probability of an event occurring in your area and applies it to your premium.
CGU includes flood cover as a policy feature on Home and Landlords insurance. This ensures that all customers are covered for damage caused by water giving you peace of mind when water damage occurs. With an increase in recent years of severe weather events it protects our customers and enables CGU to offer quick flood claim resolutions.
1. Building and contents calculators are provided by CoreLogic and should only be used as a guide. These calculators' estimates may be different than estimates you get during your quote. We do not guarantee the accuracy or currency of the estimates.
