Dial Direct Building Insurance

Building insurance refers to the insurance cover for damage incurred to all fixed structures on your  premises, these include all the built structures on your property that are not moveable such as your house, outbuildings,  pool, tennis courts, walls and other permanent structures.

Insurance of your buildings by Dial Direct includes cover for the following:

• water damage by a storm or flooding, this excludes your  fences, gates and retaining walls.
• fire, explosion, earthquake, lightning, geysers, equipment and pipes.
• damage to your home by animals, vehicles and falling trees (but not if the trees are being felled).
• malicious or purposeful damage. If your home is not occupied for 60 consecutive days the cover does not apply.
• damage caused by break-in or robbery,
• aircraft or things that may fall from them.

It is necessary to examine your insurance policy carefully to ascertain exactly what is covered by your building insurance cover.

Some items will be excluded such as un-approved buildings and some will need to be specified in the policy such as thatched roofing. It is important that as much information as possible is supplied to the insurance company in order to make sure that you have adequate cover and that you are fully aware of certain exclusions.

Any buildings insurance policy must insure for the replacement value of the structures. The replacement value refers to the cost of replacing items at their current market value. If this is not done you could end up being under-insured and in the event of damage to your property you will not be paid out in full.

Buildings Insurance or home owners insurance is a fundamental part of a good insurance policy and a requirement of the banks should you have a bond. Dial Direct offers comprehensive cover at an affordable rate together with other perks such as the Bucks Back Bonus.