FNB Buildings Insurance Review 2023

Buildings insurance from FNB protects your structures in the event of damage or loss.   When purchasing building insurance, it […]

FNB Buildings Insurance

Buildings insurance from FNB protects your structures in the event of damage or loss.   When purchasing building insurance, it is critical to seek advice from FNB advisors. They will advise you on the best coverage options for your building insurance policy, allowing you to get the most out of it. This move will save you money while still providing you with adequate coverage so that if you file a claim, you are not shortchanged on repairs or replacement of building parts.

The FNB buildings insurance is discussed in greater detail below.

FNB Buildings Insurance Summary 

FNB Buildings Insurance covers the physical structures of a home as well as outbuildings on the same property. Electronically operated motor gates, palisades, geysers, pavements, and retaining walls are all covered by the FNB buildings insurance.

FNB building insurance does not cover structures that are still being built. Building insurance provides benefits that extend beyond the cost of the premiums. If a covered event renders the building structure uninhabitable, the insurance policy covers rent and alternative housing.

Below we look at what the FNB Buildings Insurance cover.

What the FNB Buildings Insurance Cover 

FNB Buildings Insurance covers a wide range of events. The insurance policy covers natural catastrophes, unintentional damage, loss, and theft-related damages. Here are the occurrences that the FNB buildings insurance cover:

Natural Occurrences 

FNB Buildings Insurance covers natural phenomena such as lightning and hail storms. Through  FNB buildings insurance, you get cover the costs of repairing or replacing damaged elements of the insured building in order to restore it to its original condition. Furthermore, if natural disasters cause damage to your designed garden, FNB will cover the cost of restoring it to its original condition.

Accidental Damage

FNB Buildings Insurance covers accidental damage to one’s buildings. The Insurance product, however, does not cover all unintentional damage. The insurance covers any water-caring apparatus that bursts, leaks, or overflows. Your structures are safe as long as the covered incident causes physical damage to them.

Loss due to theft

If your buildings are damaged as a result of theft or attempted theft, FNB Buildings Insurance protects you. FNB insurance agents will cover the cost of repairing keys and locks if they are broken as a consequence of a burglary or attempted burglary.

Falling of things and collusions to buildings

Things may fall and cause damage to one’s property. Such incidents are covered by FNB’s building insurance. This section addresses the effects of falling trees on building structures. The falling of trees, on the other hand, is covered to the extent that the tree falls to the building structure due to natural causes, ground subsidence, or while being chopped down. 

Only professional tree fellers are protected if a tree falls on a building structure while being cut down. Aerial collisions with insured structures are also covered. On the cover, planes and the cargo they carry are covered.

Collisions involving motor vehicles and property are also covered. This must not, however, be done on purpose. Only unintended collisions of a motor vehicle with a building are covered. The main house, as well as the walls and pools, are completely covered.

Other covers 

The building’s insurance includes personal liability insurance. The coverage protects you if someone is injured in your home. Personal liability insurance protects you if the person who was injured decides to sue you. If no legal action is being taken against you, you will not be able to access the coverage.

Since buildings insurance covers pipe bursts, the effects are also covered. If your water bill rises as a result of a pipe rupture, your insurance will cover the difference. Damage to appliances caused by a high power supply is covered if caused by power outage or load shedding.

Land subsidence and landslides are also covered by the insurance policy. The FNB buildings insurance also cover your guests if they are hurt as a result of an insured occurrence in your facility. FNB insurance brokers will cover medical expenses for guests, visitors, and domestic employees.

What the FNB Buildings Insurance doesn’t Cover

The FNB Buildings Insurance does not cover 

  • Swimming pool cleaning equipment, 
  • Vacant or unoccupied buildings. This is for non-occupation of buildings for more than 60 days, 
  • Business or rental property cannot be covered by the FNB buildings insurance
  • Wear and tear of buildings. 

How to apply for the FNB Buildings Insurance 

  • Must have a South African ID book or card, 
  • Have proof of residence that is not older than 3 months at the time of application, 
  • You need to own an insurable asset, 
  • You can take the supporting documents to your nearest FNB branch or request a call back on the FNB App or get a quote from the FNB website. 

Advantages of FNB Buildings Insurance

  • The product application can be completed entirely online.
  • If a covered incident renders the insured building unliveable, temporary accommodations are available.
  • The insurance product covers a wide range of occurrences.
  • Medical expenses for visitors, domestic employees, and guests are covered at no extra cost if they are injured in a covered incident.

Disadvantages of FNB Buildings Insurance

  • There is no cashback even if you are claim-free for many years.


The premiums for FNB Buildings Insurance are reasonable. The insurance product covers a wide range of events, and it allows homeowners to protect their properties at a fair cost.

Notice: ob_end_flush(): Failed to send buffer of zlib output compression (0) in /home/dubeshephard/public_html/wp-includes/functions.php on line 5427