House Insurance
Cash Back
Simply add the optional Cash Back Bonus to your Budget Insurance policy and if you remain claim free for two years, we’ll reward you by giving you money back. Our Cash Back Bonus is unique in the sense that you only have to wait two uninterrupted years to start receiving your rewards and you’ll keep on being rewarded until you put in a claim. Best of all only certain claims will reset your Cash Back Bonus clock.
House Insurance Benefits
Assist Benefits
Get Home Assist, along with all of our other helpful Assist Benefits, when you take out House Insurance with us.
15% of Your Premiums Back
Who wouldn’t want a payout in a couple of years’ time? Stay claim-free for two years in a row and we’ll pay 15% of your premiums back.
Homeowner’s Liability Cover
You can extend your homeowner’s liability cover up to R5 million, R10 million, or R20 million if you want to make extra sure you’re adequately covered
For most people, their house is the most valuable asset they will ever own. It can take months to save enough money for a deposit for a home, years to fix it up just like you want it, and a generation to pay it off.
Why is house insurance so important?
If something were to destroy your home, would you have enough money to fix it without insurance? If your answer is ‘no’, you need house insurance, also known as building insurance.
There are countless risks that could wreak havoc on or even wreck your home. Natural occurrences like a fire, flood, storm, or earthquake could happen at any time. Criminals never stop ‘working’ and could damage your property while trying to break in. Even a car crashing into your perimeter wall isn’t unheard of.
Why get a House Insurance quote with Budget?
With House Insurance from Budget, you can protect yourself financially from these risks and many more. We also cover:
- Power surges and dips.
- Falling trees as long as they’re not being felled.
- Damage caused by wild animals.
- Malicious and intentional damage.
- Subsidence of land (check out the FAQs further on for more info on this).
- Damage to or caused by water-heating systems, like the geyser, solar panels, or boiler. As long as your insurance schedule specifically states you have this cover, that is.
All of this includes the main building on your property, any additional structures, like cottages, garages, outbuildings, the tennis court, the swimming pool, walls, fences, and gates.
If you experience any of these unfortunate events, all you need to do is call us and one of our friendly consultants will lodge your claim for you. We’ll have a quick run-through of the details with you, make a note of what was damaged, and sort out the rest while you take it easy.
Once your claim is approved, we’ll either pay you out in cash or assist with finding a professional who can repair or replace your damaged property. And you know our House Insurance quotes are also affordable, ‘cos you can’t afford not to!
More About House Insurance
Homeowners insurance
If you rent out property, what insurance are you still liable to pay? Find out here with our guide to homeowners insurance coverage.
Home building insurance
Your home has completely separate needs from that of your business property. We go through the differences between the two and why you need a building insurance quote for each.
Mortgage protection insurance
We don’t offer it, but as an insurer that cares about you and your loved ones, we feel mortgage protection insurance is vital. Find out why.
Property Insurance Benefits
Cover Under One Roof
Completely insure your home under one roof. With us, you can cover your house and all the valuable contents inside it.
Loss of Rent
We cover the loss of rent if your tenants have to temporarily move out due to property damage while you repair it.
Fire Brigade Charges
We pay the fire brigade charges if your house is ablaze and the fire department comes to the rescue.
