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SGIC Buildings Insurance

The details shown below are for the Home Buildings Insurance

The details shown below are for the Home Plus Buildings Insurance

Choose the version of this loan that suits you best

  • Home Buildings Insurance

  • Home Plus Buildings Insurance

Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover
n/a
Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover
n/a

Mozo editorial review SGIC Buildings Insurance

Last updated: 23 July 2020.

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What's hot
  • Underinsurance protection
  • Flood cover included at no extra cost
What's not
  • Monthly premium payments cost extra
Mozo snapshot

SGIC's Home Plus Insurance policy aims to keep your home in tiptop shape, with a long list of inclusions and benefits. If you’re worried your home may be underinsured, SGIC Home Plus also offers underinsurance protection of up to 25% of the sum insured amount. It’s worth mentioning you’ll be able to score a few discounts for combining policies as well as a loyalty discount, plus, if you’ve kept a good claims history, you’ll receive a discount for this too.

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Key features

SGIC Home Plus Insurance will give your home cover against natural disasters like fires, floods, storms and lightning plus many other listed events. Unlike many other home insurance policies, you’re automatically covered for accidental damage and electrical motors burning out. However, this is only on the Plus policy option (which comes at a higher premium), and you won’t be covered for power and storm surges under the standard or Plus policy.

As this is a buildings insurance policy, your fixtures like doors, walls roofs will also be covered along with gates and fences. If you ever decide to renovate, building materials are also covered. Temporary accommodation for you and your pet will also be covered if your home becomes unlivable along with debris removal and demolition costs.

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Who is it good for

As SGIC is South Australian, SGIC Home Plus is a great choice for South Australian homeowners looking for a policy that has their home covered from the inside out.  

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Any catches

While SGIC do offer cover for any building or structural repairs, if you are deciding to renovate you should know that you will not be covered for any water damage due to an opening made during construction.

You will also have to pay extra if you want to repay your premium on a monthly basis.



Details

Rates and fees information correct as at 29 September 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings
  • Yes

  • Up to $1,000

  • No

  • Yes

Events
  • Optional Extra

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Optional Extra - up to 15 years

  • No

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

Policy and service features
  • 60

  • No

  • Yes

  • $0

  • true

  • no

  • Multipolicy, loyalty, no claims bonus, combined policy

  • Yes

  • Up to $20,000,000

  • none

  • none

Other cover
  • Up to $10,000 for funeral

  • Yes

  • Up to 12 months

  • Up to 12 months

  • Yes

  • Yes

  • No

*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).

Details

Rates and fees information correct as at 29 September 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings
  • Yes

  • Up to $5,000

  • Up to $2,000 for plants

  • Yes

Events
  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Up to 15 years old

  • No

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

Policy and service features
  • 60

  • Yes - Up to 25% of sum insured

  • Yes

  • $0

  • true

  • no

  • Multipolicy, loyalty, no claims bonus, combined policy

  • Yes

  • Up to $20,000,000

  • none

  • none

Other cover
  • Up to $10,000 for funeral

  • Yes

  • Up to 24 months

  • Up to 24 months

  • Yes

  • Yes

  • No

*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).

Customer Reviews

How are SGIC home insurance rated by the Mozo community?

Overall
8.1/10
Value for money
7.8/10
Policy coverage
8.0/10
Customer service
8.1/10
Claims handling
7.6/10
Trust
7.9/10

Latest review of SGIC Buildings Insurance

  • Overall 7/10
    Low fees and good bundle deals

    Their fees are reasonable, when I ring I am not on hold for very long, they direct debit straight out of my account and if I do choose to bundle any other things that I want insured, I will get a discount.

    Read full review

    Their fees are reasonable, when I ring I am not on hold for very long, they direct debit straight out of my account and if I do choose to bundle any other things that I want insured, I will get a discount.

    Value for money
    7/10
    Policy coverage
    6/10
    Customer service
    8/10
    Claims handling
    6/10
    Trust
    7/10
    Less
    Emily, South Australia reviewed over 6 years ago
SGIC

About SGIC

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