QBE - Building Insurance

QBE Building Insurance Review

Review published: 20 September 2017

What's hot:

  • Multiple discount offers

  • Up to 12 months temporary accommodation costs

  • Flood cover included

  • 2017 Mozo Experts Choice Award winner

What's not:

  • Higher premium for monthly payments

Mozo snapshot:

QBE’s Home Cover Prestige Building Insurance ticks all the boxes when it comes to protecting your property or home, with all the standard features you’d expect in a policy plus a number of additional benefits which make it stand out from the crowd. Including automatic flood cover, a variety of potential discounts and even temporary accommodation costs for up to 12 months, it’s no wonder that the Mozo judges awarded the policy a 2017 Mozo Experts Choice Award for Exceptional Quality.


Key features:

When it comes to your home you’ll want to be certain everything is covered, which is why QBE’s Home Cover Prestige Building Insurance includes the cost of repairs from start to finish - from temporary repairs immediately after an event, to debris removal, architect and surveyor fees and even the cost of demolition. QBE also covers the cost of replacing trees and plants (up to $1,500) along with gates and fences.

As well as cover against everyday events like accidentally breaking a window, QBE will also insure your building against damage from fire, storms and even earthquakes. It also includes cover against flood damage as a standard part of the policy, so unlike some policies you won’t have to pay extra for it.

If something does happen to your home which means you can’t live in it, the QBE Building Insurance policy will pay for temporary accommodation (up to 10% of sum insured) for your family and pets for up to 12 months.

Even better, QBE offers its customers an extensive range of discounts - from cheaper premiums for retirees and over 50’s (10% off), to discounts anyone can take advantage of such as the 15% online discount for purchasing the policy online and a no claims bonus.

Who it's good for:

Given its comprehensive range of cover and additional features, the QBE Home Cover Prestige Building Insurance policy could be a quality option for anyone looking to safeguard their home, plus the premium discounts up for grabs makes it an appealing option for retirees and over 50’s.


Any catches?

Just be aware that while your premium won’t be affected if you pay for it as an annual lump sum, you will pay more for the privilege of paying in monthly instalments.


How is QBE home insurance rated by the Mozo community?

Product Type Overall Rating Price Features Service Claims Handling Trust
QBE home insurance
7.3

Based on 68
QBE home insurance reviews

7.0 7.6 7.3 7.1 7.3

Latest reviews of QBE Building Insurance

QBE

QBE Home Cover Prestige home insurance review

Overall rating   10 / 10

Competitive premiums, fantastic customer service

Very reasonable competitive rates.

Full review

Very reasonable competitive rates.

    Value for money   10 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Shirley (QLD), reviewed 5 months ago

QBE

QBE Home Cover Prestige home insurance review

Overall rating   9 / 10

Competitive premiums and easy to get a claim

Great company to deal with. They always match premiums every year. I have been dealing with QBE for over 20 years and I wouldn't hesitate to recommend them to anyone.

Full review

Great company to deal with. They always match premiums every year. I have been dealing with QBE for over 20 years and I wouldn't hesitate to recommend them to anyone.

    Value for money   9 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Anitta (SA), reviewed 7 months ago

QBE

QBE Home Cover Prestige home insurance review

Overall rating   9 / 10

Solid company

Good company, policy coverage is wider than most on the market. Claims service is efficient and whilst only used once, the result was more than acceptable because of the assessor used.

Full review

Good company, policy coverage is wider than most on the market. Claims service is efficient and whilst only used once, the result was more than acceptable because of the assessor used.

    Value for money   6 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Bruce (VIC), reviewed 7 months ago

QBE

QBE Home Cover Prestige home insurance review

Overall rating   0 / 10

Service isn't great

I dislike them because I had goods insured in two separate policies and when I shifted, they changed my two policies to one which was meant to be better but they forgot to include some of my belongings to the policy. When I had to make a claim...

Full review

I dislike them because I had goods insured in two separate policies and when I shifted, they changed my two policies to one which was meant to be better but they forgot to include some of my belongings to the policy. When I had to make a claim for a lost ring, I only got a third of the value instead of the full value.

    Value for money   0 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Jacquii (WA), reviewed 8 months ago

QBE

QBE Home Cover Prestige home insurance review

Overall rating   5 / 10

Average yet expensive

No guarantee that your claims will be upheld.

Full review

No guarantee that your claims will be upheld.

    Value for money   4 / 10

    Policy coverage   / 10

    Customer service   / 10

    Claims handling   / 10

    Trust   / 10

Less

Toni (WA), reviewed 9 months 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

  • Up to $1,500

  • sum insured

Events

  • Up to 15 years old

Policy and service features

  • 60

  • Up to 30% of sum insured

  • 0

  • 15% online discount, Over 50, retirees, no claim bonus, security systems.

  • Up to $30,000,000

Other cover

  • Up to $10,000 for death, up to $10,000 for injury

  • Up to $2,500

  • Up to 10% of sum insured

  • Up to 12 months

  • Up to $500

Buildings

  • Up to $2,000

  • Up to $1,500

  • sum insured

Events

  • Optional extra

  • Up to 15 years old

Policy and service features

  • 60

  • Up to 30% of sum insured

  • 0

  • 15% online discount, Over 50, retirees, no claim bonus, security systems.

  • Up to $30,000,000

Other cover

  • Up to $5,000 for death, up to $10,000 for injury

  • Up to $500

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

  • Up to 12 months

  • Up to $500

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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