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Insurance Guide

You’ve just bought your first property and the next step is to insure one of the largest assets you’ll ever own. Buying a house is a big financial investment, and home insurance is the safe haven against those ‘what if’ events. This guide will take you through the ins and outs of insuring your home, covering a range of topics from why you need insurance in the first place, what it actually covers, how much your home is worth, to the claims process and how to save money on your policy.

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What does building insurance ACTUALLY cover?
With the Cape’s aggressive winds and Gauteng’s flash floods, any natural disaster is precisely that… a disaster, that is out of your control. There’s no guarantee that your home will not be affected by natural disasters or other forms of accidents, but you’re guaranteed that it is safeguarded by your building insurance policy.

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What does my policy cover?
Go through your insurance policy contract carefully, making sure you understand what the clauses, terms and conditions mean.
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What doesn’t my policy cover?
Are you covered for costs related to demolition (and all other events that go with it) should your home be rebuilt after major damages?
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What’s in it for me?
Most insurance companies now offer cash-back rewards if no claims were made over a certain period of time. This
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