FNB Buildings Insurance Review 2022

Published by
Lethabo Ntsoane

FNB Buildings Insurance provides coverage for your structures in the event of damage or loss. Clients can work with FNB insurance agents to choose a home insurance coverage that fits their needs. It is critical to seek advice from FNB advisors when purchasing building insurance. They’ll help you get the most out of your building insurance policy by recommending the best coverage options. This will save you money while still providing you with the appropriate coverage so that you are not shortchanged on repairs or replacement of building parts if you file a claim.

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Only completed constructions are covered by the FNB Buildings Insurance coverage. Buildings that are still under construction are not included. As a result, FNB Buildings Insurance will not cover a structure until it is completed.

FNB Buildings Insurance Summary

The physical structures of a home, as well as outbuildings on the same property, are covered by FNB Buildings Insurance. The structures insurance covers electronically operated motor gates, palisades, geysers, pavements, and retaining walls. Structures that are still being built are not covered by FNB building insurance. Building insurance has advantages that go beyond the cost of the premiums. In the event that a covered event renders the building structure unlivable, the insurance coverage also covers rent and alternative housing.

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. The occurrences covered by the FNB buildings insurance will be discussed in the sections below.

Natural Occurrences

Natural events are unpredictable and are caused by nature. Natural phenomena like as lightning and hail storms are covered by FNB Buildings Insurance. The costs of repairing or replacing damaged elements of the insured building in order to restore it to its original condition will be covered by FNB insurance brokers. Furthermore, if natural disasters damage your designed garden, FNB will cover the price of restoring it to its previous state.

Accidental Damage

Accidental damage to one’s buildings is covered by FNB Buildings Insurance. However, insurance does not cover all unintentional damage. Any water-caring apparatus that bursts, leaks, or overflows is covered by the insurance coverage. Your structures are protected to the degree that 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.

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Falling of things and collusions to buildings

Things may fall and cause damage to one’s property. FNB’s building insurance covers such occurrences. This cover includes the impact 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. If a tree falls on a building structure while being cut down, only professional tree fellers are covered. Aerial collisions with insured structures are also covered. Planes and the items they carry are seen descending from the sky on the cover.

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

Personal liability insurance is included in the building’s insurance. When someone is hurt in your house, the coverage protects you. Personal liability insurance protects you in the event that the individual who was wounded decides to sue you. The coverage is not accessible if no legal action is being taken against you. Because buildings insurance covers pipe bursts, the effects of a pipe burst are also covered. If your water bill rises as a result of a pipe rupture, the difference will be covered by your insurance. After a power outage or load shedding, damage to appliances caused by a high power supply is covered.

Land subsidence and landslides are also covered by the insurance policy. The FNB buildings insurance will 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 unlivable, 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.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted at

Published by
Lethabo Ntsoane
Tags: FNB