Coles - Building Insurance

Coles Building Insurance Review

Review published: 20 September 2017

What's hot:

  • 2017 Mozo Experts Choice Award winner

  • 10% online discount

  • Flood cover included

  • Up to 12 months temporary accommodation costs

What's not:

  • Higher premium for monthly payments

Mozo snapshot:

The Coles Building Insurance policy provides everything and more when it comes to cover for your home. Including all the usual protections you’d expect from building insurance, Coles also offers a number of additional features such as flood cover and temporary accommodation costs, which is why the Mozo judges awarded it a 2017 Mozo Experts Choice Award for Exceptional Value.


Key features:

If you’re looking for extensive cover for your property from all the standard events you could expect, such as fire, storm and theft, then the Coles Building Insurance policy will have you sorted. Better still, flood cover is automatically included in the policy which is a great addition considering you’d normally have to pay extra for it.

Should worst come to worst and something does happen to your building, Coles will cover the costs for landscaping (trees, plants etc.) for up to $2,000 as well as fences and gates (sum insured) and the replacement of any locks and keys up to a value of $500.

The Coles Building Insurance policy will also cover the removal of debris (up to 10% of the sum insured) and demolition costs (up to 10% of the sum insured), and as an added extra Coles gives a lifetime guarantee on all building repairs it organises and authorises.

If you find yourself in a situation in which you can’t stay in your home, the policy will provide up to 12 months of temporary accommodation costs for you and your family (up to 10% sum insured) and even for your your pets (up to $500).

Just remember to sign up for your policy online to take advantage of the 10% premium discount on offer, plus you may also be eligible for up to 12,000 bonus flybuys points each year.

Who it's good for:

The Coles Building Insurance policy is a great value option for anyone wanting to protect their home from a range of possible events while having the peace of mind that comes with the additional features the policy has on offer.


Any catches?

Just bear in mind that you will be charged a higher premium if you choose to pay for your premium in monthly installments rather than as an annual lump sum.


How is Coles home insurance rated by the Mozo community?

Product Type Overall Rating Price Features Service Claims Handling Trust
Coles home insurance
7.8

Based on 110
Coles home insurance reviews

8.0 7.6 7.5 6.4 7.3

Latest reviews of Coles Building Insurance

Coles

Coles home insurance review

Overall rating   8 / 10

Competitive premiums and good staff

The staff are clearly spoken and easy to deal with. They return calls when needed and communicate often via mail when necessary.

Full review

The staff are clearly spoken and easy to deal with. They return calls when needed and communicate often via mail when necessary.

    Value for money   8 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Judith (SA), reviewed 5 months ago

Coles

Coles home insurance review

Overall rating   9 / 10

Competitive premiums and easy claims

Competitive premiums and excellent claims process. I have only had to make one claim but it was relatively hassle free.

Full review

Competitive premiums and excellent claims process. I have only had to make one claim but it was relatively hassle free.

    Value for money   8 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Ryan (SA), reviewed 5 months ago

Coles

Coles Home Insurance home insurance review

Overall rating   9 / 10

Competitive premium, easy claim process

Coles insurance handled my claim with no fuss, questions or hassles. As a new customer with an unfortunate incident to claim - claim handled friendly and efficiently.

Full review

Coles insurance handled my claim with no fuss, questions or hassles. As a new customer with an unfortunate incident to claim - claim handled friendly and efficiently.

    Value for money   9 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Janet (QLD), reviewed 5 months ago

Coles

Coles Home Insurance home insurance review

Overall rating   10 / 10

Very good, impressed with Coles

Very easy to deal with. Simple online quote to start with. Two years later we needed to make a claim which was simple, efficient and dealt with so quickly.

Full review

Very easy to deal with. Simple online quote to start with. Two years later we needed to make a claim which was simple, efficient and dealt with so quickly.

    Value for money   10 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Kate (NSW), reviewed 8 months ago

Coles

Coles home insurance review

Overall rating   10 / 10

A force to be reckoned with!

I have never had any issues with Coles, they have always been supportive when it comes to claims and the price is always reasonable!

Full review

I have never had any issues with Coles, they have always been supportive when it comes to claims and the price is always reasonable!

    Value for money   10 / 10

    Policy coverage   10 / 10

    Customer service   10 / 10

    Claims handling   10 / 10

    Trust   10 / 10

Less

Lesley (TAS), reviewed over 1 year ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Currently showing

Buildings

  • Up to $2,000

  • sum insured

Events

  • Optional extra

  • Optional extra

Policy and service features

  • 60

  • 300

  • 10% online discount

  • Up to $20,000,000

Other cover

  • Up to $500

  • Up to 12 months, up to 10% of sum insured

  • 12 months, up to $500

  • Up to 10% of sum insured combined with demolition cost

  • Up to 10% of sum insured combined with demolition cost

Buildings

  • Up to $2,000

  • sum insured

Events

  • Up to 10 years old

Policy and service features

  • 60

  • Up to 30% of sum insured

  • 300

  • 10% online discount

  • Up to $20,000,002

Other cover

  • Up to $5000 for funeral

  • Up to $500

  • Up to 12 months, up to 10% of sum insured

  • Up to $1000

  • Up to 20% of sum insured

  • Up to 20% of sum insured combined with removal of debris

Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

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