Insurance
Compare Buildings Insurance in South Africa
Buildings cover is about the cost of repairing or rebuilding the structure. It is not a valuation of what the property would sell for.
Premiums, excesses, contributions and cover depend on your circumstances and the policy or scheme rules. Confirm the final terms before you buy. Information checked 29 October 2026.
Compare providers
The provider name links to the WiT Money profile where one exists. The gold button opens the recorded website. It is not a quote and not an application.
8 of 8 products, in provider name order. A missing premium, contribution or excess is not shown as zero, and nothing is ranked as cheapest. A filter matches the published line. It does not decide that you qualify.
Auto & GeneralBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. Brand / distribution; verify issuer in policy
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Motor and home options including selected higher-limit plans
- Official premium cover materials describe optional add-ons
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
Budget InsuranceBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. Brand / distribution; check insurer in quote
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Multiple motor cover levels
- Buildings and home contents products included in product documentation
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
Discovery InsureBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Car, buildings and contents offering across plan levels
- Home cover provides home-assistance and valuables options on selected plans
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
King PriceBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. King Price Insurance; licensed insurer, FSP claim on brand page That number is copied from the recorded provider page. WiT Money has not checked it on a register.
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Publishes car, buildings and contents product information
- Different motor premium model; check eligibility and annual review
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
Momentum InsureBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. Momentum insurance group; confirm contracting insurer
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Official car, building and contents quote information
- Select cover has optional extensions and emergency assistance features
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Naked. No official logo is shown.Naked
Buildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. Platform/brand; official site states Hollard Specialist Insurance underwriting
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Digital quote, policy management and claims
- Officially describes car, buildings and contents cover
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
OUTsuranceBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. OUTsurance Insurance Company Limited identified in official documents
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Official product document library covers motor and home
- Direct-to-consumer quote and servicing options
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
SantamBuildings Insurance cover / quote
Insurer / brand / intermediary. Confirm which company issues the policy.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Excess
- Confirm the excess on the quote and the policy schedule.
Underwriter or legal entity. Licensed insurer / insurer group; confirm exact issuer
What the product line describes. Structure, fixtures, geysers, fire and storms on insured risks; check rebuilding and maintenance clauses
Advantages
- Multi-line personal insurance brochure describes motor and property cover
- Broad building and household contents risk categories
Considerations
- Rebuild cost and sum insured must reflect the property and permanent fixtures
- Gradual deterioration, poor maintenance and flood/geyser conditions can limit claims
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
Compare selected products
Choose up to three from this page. A missing benefit is not treated as excluded. Confirm it in the wording.
No products selected.
Not shown as a current product
- MiWay. Buildings Insurance cover / quote. Confirm with the provider before treating it as available.
- Old Mutual Insure. Buildings Insurance cover / quote. Confirm with the provider before treating it as available.
- Hollard. Buildings Insurance cover / quote. Confirm with the provider before treating it as available.
- Absa Insurance. Buildings Insurance cover / quote. Confirm with the provider before treating it as available.
- FNB Insurance. Buildings Insurance cover / quote. Confirm with the provider before treating it as available.
Estimate with your own figures
Type the amounts you want to test. The result uses those amounts only. It does not fetch a quote, and it does not decide a claim.
How to read this comparison
The sum insured should reflect the cost of rebuilding, including rubble removal and professional fees where the policy allows them. Market value, the bond amount and the rebuilding cost can be three different numbers. A geyser, a storm and ground movement are not automatically covered on every policy.
A bondholder may require buildings cover. That requirement does not choose the insurer for you, and it does not remove the excess.
Buildings insurance covers the permanent structure: walls, roof, fitted kitchens, and often the geyser, subject to the wording. It is the policy your bank asks for when it registers a bond. Market value includes land. Land does not burn. Insure the cost of rebuilding.
In sectional title, start with the body corporate policy before you buy a second buildings policy. You may still want cover for exclusive-use areas or improvements.
How the cover works
Insured events
Fire, storm, burst pipes and impact are typical. Wear and tear, poor maintenance and gradual leaks are typical exclusions. A geyser that bursts is different from a geyser that rusted away, and the wording draws the line.
The sum insured
Ask a builder or a valuation what a rebuild would cost, including rubble removal and professional fees. Update it after renovations.
The bank
Note the bank's interest. If you change insurer, tell the bank. If you do not, the bank may place its own cover and charge you.
What to check
Sum insured
Rebuild cost.
Geyser and pipes
Included, limited, or a separate excess.
Subsidence and flood
Whether your area needs an extension.
Unoccupied
How many days you can be away.
Risks
- Using the municipal valuation.
- Leaving a renovation undisclosed.
- Assuming the body corporate sum insured includes your upgrades.
Claims and complaints
Report a claim to the insurer, scheme or administrator named on your documents, in the way the policy or scheme rules describe. WiT Money does not decide the claim. If you have complained to that organisation and you are still not satisfied, the National Financial Ombud Scheme handles certain financial complaints, and the Council for Medical Schemes handles medical scheme complaints. Take the policy schedule, the rejection letter and the claim documents with you.
How WiT Money compares these products
Products stay in provider name order. A car excess, a funeral benefit, a medical scheme contribution and a pet plan are not sorted against one another. Nothing is ranked as the cheapest. A listed name is not a recommendation, and WiT Money does not sell the policy. Where this site has the provider's logo, it is shown. Otherwise the name is shown without a mark. An FSP number or a scheme registration number is not printed unless the recorded page already states it, and it is not a register check by WiT Money.
Questions readers ask
Should I insure for the price I paid?
No. Insure for what it would cost to rebuild, which can be higher or lower than the purchase price.
Does it cover my tenant's furniture?
No. That is contents, and it may be the tenant's responsibility. Your policy covers the building.
What if the house is paid off?
You can still lose the structure. The bond is not the reason the risk exists. It is only the reason the bank makes the phone call.
Related products
Guides
Other insurance pages
Sources
Page updated 29 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- Financial Sector Conduct Authority
Financial Sector Conduct Authority · checked 28 October 2026
- SASRIA
SASRIA SOC Ltd · checked 29 October 2026
- National Financial Ombud Scheme South Africa
National Financial Ombud Scheme South Africa · checked 29 October 2026