Owning your dream home, deserves the affordable cover
Cash Back
Simply add the optional Cash Back Bonus to your Budget Insurance policy and if you remain claim free for two years, we’ll reward you by giving you money back. Our Cash Back Bonus is unique in the sense that you only have to wait two uninterrupted years to start receiving your rewards and you’ll keep on being rewarded until you put in a claim. Best of all only certain claims will reset your Cash Back Bonus clock.
House Insurance Benefits
Assist Benefits
At no extra charge, you get our Road, Home, Medical, Trauma, Legal, and Entertainment Assist Benefits thrown in with your Building Insurance policy.
15% of all your premiums back
Get 15% of all your premiums back after only two claim-free, consecutive years. You can even keep your Cash Back Bonus after certain claims are made.
Add ons
You have the choice to add your water-heating systems like geysers, solar panels, and boilers to your Building Insurance.
What is Homeowners Insurance?
Homeowners insurance, also known as building insurance or house insurance, doesn’t only protect your property. It covers you personally as well. In this guide, we take a look at the liability cover you get when you take out homeowners insurance.
Whether you host the best braais at your place every weekend or you’re a hermit with visitors few and far between, you probably need homeowner’s liability insurance more than you realise. Accidents happen when you least expect them to, which is why you can’t afford not to have homeowner’s insurance with personal liability cover.
When you would need homeowner’s liability cover
You might be wondering what kind of situation could come up where you’d be held responsible for an ‘innocent’ accident. If someone is injured on your property or their possessions are damaged or broken at your home, they could sue you. Here are a few examples of when this might happen:
- Your dog bites a visitor at your home.
- A guest trips over a broken stair on your stairwell.
- A tree falls on a visitor’s car during a storm.
What homeowners liability covers
Homeowners liability insurance covers you against claims made by visitors and domestic workers. It doesn’t cover you or any permanent members of your household if one of you is injured or your property is damaged at your home
If you’re sued for an injury or damage to property that happens at your home, you’ll face a number of costs. These include legal expenses to defend yourself and court costs. Plus, if you’re found to be legally responsible for the accident, you’ll need to pay damages.
All of these can amount to millions in rands. That’s why we include personal liability cover with your Budget Home Owners Insurance automatically. You can even increase your cover amount up to R5 million, R10 million, or R20 million.
Learn More about Homeowners Insurance
House insurance
Think you can do without house insurance? Think again! Find out why you simply can’t afford not to have it.
Home building insurance
When insuring your home and your business building, you’ll need two completely separate approaches.
Mortgage protection insurance
What is mortgage protection insurance? Is it really worth the cost? Find out how this kind of cover protects your loved ones.
Property Insurance Benefits
Easy to Manage Policy
Protect everything on your property, from your home to your garage and all the items within, with one easy-to-manage policy.
Our Home Contents Insurance doesn’t just cover you as the policyholder; we even cover your guests belongings when they’re at your place.
Repair or Replace Electronics
We cover the cost to repair or replace electronics that are damaged by power surges, which we know is all too common.
