Building*

Building Insurance covers your building if it is damaged by an insured event, such as fire, storm, malicious activity or other event as defined by the policy.

Did you know?

You are still required to take reasonable precautions for the care, safety, protection and maintenance of your property. If you do not, the insurer may be entitled to reduce the amount that they pay in relation to a claim.

What’s typically covered?

  • Buildings owned by the named insured
  • Fixtures and fittings
  • Services to the building
  • Structural Improvements including fencing, gates, roadways and paths

What’s typically NOT covered?

  • Machinery
  • Land
  • Dams
  • Bridges
  • Canals
  • Tunnels
  • Railway tracks
  • Wharves
  • Docks and piers
*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

Things to consider

Building insurance is available if you are the owner of the business premises. If you make a claim your insurer is likely to appoint an assessor to consider the loss and damage and provide a valuation or cost estimate for repairs.

Tenants are generally not able to obtain building insurance. This is usually the responsibility of the landlord or property owner.