Building and Contents Insurance
Compare Building & Contents Insurance
CGU’s combined Building & Contents Insurance is our most popular type of home insurance, giving you cover for both your home and the many things inside it. You’ve got three options for your Building & Contents Insurance.
Enjoy ultimate peace of mind with CGU's highest level of cover for your contents. As well as cover for events like flood, fire and theft, Premium will cover you for almost any type of accidental loss or damage. What’s more, your contents are covered anywhere in Australia and NZ for up to 90 days at a time.
Get exceptional value for money with Quality cover, and know that you’re covered for a very wide range of natural disasters, weather events, break-ins and more.
Basic has you covered for floods, fires, break-ins and more. You’ll be pleasantly surprised at just how much cover you get!
Looking for home insurance in SA, WA or the NT?
Our home insurance is now only available through our partners in South Australia, Western Australia and the Northern Territory. If you would prefer to get your insurance direct from an insurer, you can visit NRMA Insurance to see their home insurance policies and get a quote.
If you already have a policy with us, we'll contact you if there are any changes to it in the future.
What is Building & Contents Insurance?
When you take out Buildings & Contents Insurance, you’re taking out cover for both the home you live in (including your garage, shed and other structures on your property) plus its contents. It’s the most comprehensive type of home insurance you can take out.
How much you’re covered for depends on a few things. You choose the sum insured for both your home and its contents, and then you can choose from three levels of cover – Premium, Quality or Basic.
To really wrap your head around what’s covered with our Buildings & Contents Insurance, you should take a look at each Product Disclosure Statement (PDS):
How much does Building & Contents Insurance cost?
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.
What isn't covered by Building & Contents Insurance?
This depends on the type of policy you’ve taken out. Each of our Buildings & Contents Insurance policies comes with a Product Disclosure Statement (PDS), which lists out all the exclusions to your cover.
We encourage you to read your PDS to see the full list of what is and isn’t covered:
Is Building & Contents Insurance best for me?
Our Building & Contents Insurance is the most popular type of home insurance. Most people choose this comprehensive cover because, if your home is damaged in a weather event or other incident, then it’s pretty likely that your contents will be damaged too.
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 (PDSs) to get a better idea of whether Building & Contents Insurance is right for you:
Understanding your Building & Contents Insurance quote
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.
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.
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.
How the house is built
Some building materials are more prone to damage or are more expensive to replace than others.
It’s the little things that make our Buildings & Contents Insurance better
We’re here to help you when you are working out which home insurance policy is right for you. Our friendly CGU insurance specialists can answer all your questions, or you can turn to an insurance adviser for help in assessing your risk and working out the right cover for your needs.
Product Disclosure Statements
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.
Whenever you need us, we're right here
CGU Flood Cover
CGU includes automatic 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.
Need to make an insurance claim?
Step 1. Call 13 24 80 with your policy number and any other information about the incident handy.
Step 2. We’ll kick off the claims process, and keep you informed every step of the way.Visit the Claims hub
Get a Building & Contents Insurance Quote TodayGet a quick quote
Things you should know
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.