Building Insurance

Cover your building, including permanent fixtures and fittings, from a range of damaging events with Home Building Insurance.

Current offer

Save10%
First Year Online Discount*

OVERVIEW

What does Building Insurance cover?

Building Insurance covers the structure of your property. It includes cover for garages and sheds, as well as permanently attached fixtures and fittings, such as solar panels, fences and gates. A Home Building Insurance policy can provide cover for damage caused by events such as flood, storm, storm surge, fire (including bushfire), and more.

What's covered?

Flood

‘Flood’ means the covering of normally dry land by water that has escaped or been released from the normal confines of a lake, dam, river etc. We do not cover loss or damage to retaining walls, sea walls, garden borders and free standing outdoor walls. Please check the PDS for more information on what constitutes a ‘flood’.

FOR A COMPLETE LIST REFER TO THE PDS


Some of the things we don’t cover

Home contents, such as a television or stereo system

Temporary or mobile structures, including caravans, houseboats or motor vehicles

Inflatable or portable swimming pools and their accessories

Carpets, rugs, blinds, drapes or curtains

We do not insure you for bushfire, storm, storm surge, flood or tsunami in the first 72 hours of your policy. Very limited exceptions apply.

FOR A COMPLETE LIST SEE SECTION 3 ‘THINGS WE DON’T COVER’ IN THE PDS


10% MULTI-POLICY DISCOUNT*^

You'll be eligible for a 10% multi-policy discount if you hold three or more eligible policies with us. These include Home Building, Contents, Landlord, Car, Motorcycle, Caravan or Boat Insurance. A GIO NSW CTP Insurance policy or GIO ACT MAI Insurance policy will count as an eligible policy, but the premium for these policies cannot be discounted. View T&Cs

Multi-Policy Discount

LEVELS OF COVER

Compare Building Insurance options

You can claim for these after an insured event has occurred.

GIO provides

Classic

Classic Extras

Platinum

Classic

Yes

Classic Extras

Yes

Platinum

Yes

Classic

Yes

Classic Extras

Yes

Platinum

Yes

Classic

Yes

Classic Extras

Yes

Platinum

Yes

You can claim for these after an insured event has occurred.

Additional Covers

Classic

Classic Extras

Platinum

Classic

Up to 10% of the home sum insured

Classic Extras

Up to 10% of the home sum insured

Platinum

Up to 15% of the home sum insured

Classic

$500

Classic Extras

$1,000

Platinum

$2,500

Classic

Classic Extras

Platinum

We do not insure you for bushfire, storm, storm surge, flood or tsunami in the first 72 hours of your policy. Very limited exceptions apply. For full details see section 3 ‘Things we don’t cover’ in the PDS

Classic

Classic Extras

Platinum

Classic

Optional

Classic Extras

Automatically included

Platinum

Automatically included

Excess-free Glass cover (Home cover only)

Classic

Optional

Classic Extras

Optional

Platinum

Optional

GIO Home Assist (Home cover only)

Classic

Optional

Classic Extras

Optional

Platinum

Optional

Classic

Optional

Classic Extras

Automatically included

Platinum

Automatically included

Safety Net home protection (Home cover only)

Classic

Optional

Classic Extras

25% included

Platinum

30% included

OPTIONAL COVER

Depending on the level of cover you choose these may be automatically included with your policy, or available to add on to your policy for an additional cost.

NEWGIO Home Assist (Home cover only)

Add optional GIO Home Assist to your Home or Home and Contents Insurance policy if GIO Home Assist is available at your insured address, to help support you after a home emergency — that is, a sudden and unforeseen incident that occurs to your home (but not your contents) and requires urgent attention from a plumber, electrician, locksmith, and/or carpenter. After a home emergency, we’ll send a tradesperson (for a period of up to 2 hours) to help ensure your home is safe and secure, and to help minimise further damage. GIO Home Assist provides 3 emergency call-outs during the period of insurance.

Limits and exclusions apply, please refer to the PDS and read the GIO Home Assist T&Cs.

FIND OUT MORE


NEWExcess-Free Glass cover (Home cover only)

This option will apply in addition to the additional cover ‘Accidental breakage of glass’ which is included in home cover and provides cover for accidental breakage of:

  • fixed glass in windows, doors, skylights, shower screens 
  • mirrors fixed to your home. 

When you have this option and the claim is only for the accidental breakage of fixed glass mentioned above, we cover the cost to replace it without you having to pay an excess, if the breakage is the only damage you are claiming.

FIND OUT MORE


Accidental Damage at the Home

Included with Classic Extras and Platinum. Available as an optional cover that you can pay extra for with Classic.

Cover for your home and/or contents in the event of accidental loss (e.g. losing something) or damage (e.g. breaking or damaging something) — for example, scorching a bench top or a painting accidentally falling off the wall.

SEE PDS FOR MORE DETAIL


CALCULATOR

How much is your building worth?

Building Insurance Calculator

This calculator has some questions included that you may not find in other calculators, which will impact the estimate that is calculated.

Not sure how much to insure your home for? The replacement cost of your home may vary depending on your home’s design, features, fixtures and fittings. Estimate the cost of replacing your home building now with our handy Building Insurance Calculator and help set your sum insured with confidence.

 

 

BUILDING CALCULATOR


WHY GIO

Reasons to choose GIO

24/7 Claims

Claim at any time online or over the phone. You can also track the progress of your claim online.


Lifetime repair guarantee

We offer a dedicated 24/7 claims service and a lifetime guarantee on authorised building repairs.


Est. in 1927

We’ve been a trusted insurer for over 95 years

WAYS TO SAVE

Discounts we offer and things to check

FAQs

People also ask

Important information

*If you’re eligible for more than one discount, we apply them in a pre-set order to the discounted premium, before government taxes and charges.
^Discount not applicable to GIO Roadside Assist, GIO Home Assist, Excess-free Glass or Domestic Workers Compensation optional covers.
#Market value option is available to new policies purchased on or after 5th August 2021 or renewing policies on or after 8th September 2021.

Flood

‘Flood’ means the covering of normally dry land by water that has escaped or been released from the normal confines of a lake, dam, river etc. We do not cover loss or damage to retaining walls, sea walls, garden borders and free standing outdoor walls. Please check the PDS for more information on what constitutes a ‘flood’.

Building Insurance Calculator

This calculator has some questions included that you may not find in other calculators, which will impact the estimate that is calculated.