Building and Contents Insurance
Insure your house inside and out from loss or damage caused by one or more of 12 insured events, including fire⁷, theft, storm⁷, and flood⁷.
Win a $15,000 account top up!*
Keep it simple – arrange your insurance and banking together with Credit Union SA. Feel confident knowing you have insurance when you need it most.
Plus, when you purchase a new Credit Union SA Home and Contents, Landlord or Comprehensive Motor Insurance policy by 12 October 2025 you’ll go into the draw for a chance to win a $15,000 account top up*.
Get cover for your home buildings and your contents by combining buildings and contents covers on the one policy.
If you take both Building and Contents insurance here’s how they can work together if the unexpected occurs:
- Your house burns down. You could lose all your buildings, and everything in them. With adequate sums insured under Buildings and Contents covers, you could rebuild and replace your insured belongings.
- A thief smashes your window, breaks the lock and steals your belongings. You can fix the window and lock through your Buildings cover and replace the items that were stolen under your Contents cover.
Plus, you will only have to pay the applicable excess(es) once in respect of any single claim if your buildings and contents are damaged by the same insured event.
Up to 10% discount (if applicable)¹ᶥ⁴
Save up to 10% on your first year’s premium when you quote and buy a new policy online1,4
24/7 claims assistance
24/7 claims assistance
Combine your Building and Contents cover
Combine your Building and Contents cover to receive up to 10% discount on your premium2,4
Pay by the month at no extra cost⁶
Pay by the month at no extra cost6
The better you understand your policy, the easier it will be if you ever have to claim.
Here is a limited summary of the benefits of a building and contents insurance policy. For full details, of the standard terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS), any applicable supplementary PDS before deciding to purchase the insurance. The Home Buildings and Home Contents Key Fact Sheets (KFS) also sets out some information about the cover.
Rebuilding and professional fees
If you need to rebuild your home after total loss or damage, Allianz Home and Contents Insurance through Credit Union SA will help pay the reasonable costs of architects, engineers, surveyors and solicitors up to $5,000.
Cover for the unexpected
Allianz Home and Contents Insurance through Credit Union SA offers cover for out of the ordinary but devastating events such as fire⁷, including bushfire⁷ and grassfire⁷, earthquake⁸ and burglary.
Cover for storm damage
Covers loss or damage caused by storm, cyclone⁷, or rainwater but this does not include run-off.
Cover for flood and/or run-off
Covers loss or damage caused by flood⁷, run-off, flood water⁷ combined with run-off and/or rainwater.
Making your buildings environmentally friendly
If your buildings are totally destroyed and need to be rebuilt, in addition to your buildings sum insured, Allianz Home and Contents Insurance through Credit Union SA will pay up to $5,000 (after deduction of any government or council rebates) to help you make the new buildings more environmentally friendly.
Alternative accommodation for you and your pets
If your Building or Contents are damaged by an insured event during the period of insurance to such an extent that you can’t live in your home buildings, Allianz Home and Contents Insurance through Credit Union SA will pay the additional costs for temporary accommodation based on your building’s rentable value prior to the damage, up to 10% of the building or contents sum insured (as applicable) and up to $500 for temporary accommodation for your pets in a commercial boarding establishment. This benefit applies up to a maximum of 12 months.
Replacement locks
Allianz Home and Contents Insurance through Credit Union SA will cover the cost, up to $1,000, to replace the locks or cylinders of any external door or window following an actual or attempted theft or burglary if the key is stolen.
Vandalism or malicious damage
Allianz Home and Contents Insurance through Credit Union SA will cover you for loss or damage caused by vandalism or a malicious act.
Debris removal
In addition to your buildings and/or contents sum insured, Allianz Home and Contents Insurance through Credit Union SA will pay up to 10% of your building and/or contents sum insured for the removal of debris from the damaged or destroyed part of the buildings.
Legal liability
Allianz Home and Contents Insurance through Credit Union SA will cover your legal liability up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property caused by an accident (or series of accidents).
24/7 claims assistance
When you need to make a claim, Allianz are there for you with 24-hour claims lodgement available online, or you can call the claims team to commence the claims process over the phone.
Cover when you’re moving house
Allianz Home and Contents Insurance through Credit Union SA will cover your contents for loss or damage caused by an insured event both at your new and old address for up to 14 days after you first start to move. No cover is provided for loss or damage whilst contents are in transit (unless you have Accidental damage cover).
Apply to add any of these optional covers for an additional premium and greater cover.
Optional cover - Accidental damage
The accidental damage cover option helps insure you in the event of accidental unexpected mishaps that are caused unintentionally – giving you greater coverage for your home building and/or contents.
Optional cover - Portable contents
You can choose optional cover to insure your portable contents such as mobile phones, cameras and engagement rings in the event of theft or an accident at the insured address and when you take them out of your home, even when you are temporarily outside Australia for up to 120 continuous days in any period of insurance. Some portable contents must be specified as Listed Portable Contents with the full replacement value to be covered away from the home.
Optional cover - Motor burnout
The Motor burnout option covers you if an electrical current damages your household electrical motors that are less than 10 years old. This cover is automatically included if you have taken optional Accidental Damage cover.
Optional cover - Domestic workers’ compensation cover
Cover for a domestic worker (e.g. gardener or cleaner), if they are injured while working for you at the insured address. Only available in ACT, WA and TAS.
We do not provide advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision please refer to the relevant Home Product Disclosure Statements (PDS) any applicable supplementary PDS and Home Buildings or Home Contents Key Fact Sheet/s (KFS) also available for reference.
Home Insurance Calculators
It’s up to you to decide the sums insured, and the type and level of cover that you want to take out. People generally want enough insurance to cover the property’s estimated replacement value. If you don’t have enough cover, you could end up having to cover some of the costs yourself. Remember, Allianz will only pay up to the amount of your loss or the sum insured, whichever is the lesser (subject to the policy terms and conditions) - so you should also be careful not to over insure. That's why we've provided these calculators. They work as guides to help you estimate the replacement value of your home building and contents.
Get a quote
Quote onlineCall Credit Union SA on 13 8777 to get a quote.
Make a claim
Make a claimNeed to make a claim? Lodge your claim 24/7 using the online claims form or call 1300 555 030 for claims service.
INFORMATION YOU SHOULD KNOW
Credit Union SA Ltd ABN 36 087 651 232, AFSL/Australian Credit Licence Number 241066 arranges this insurance as an agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Policy terms, conditions, limits, and exclusions apply. Before making a decision, please consider the relevant Product Disclosure Statement available from terms and conditions or by calling 13 8777. The relevant Target Market Determination is available by calling 13 8777. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Full Details of the commission are set out in the Financial Services Guide. Ask us for more details before we provide you with services.
1Online Discount When you both quote and buy a new home insurance policy online a discount of up to 10% is applied to your first year’s premium. This discount is not applied to Domestic workers’ compensation (if available and selected), or upon renewal. Minimum premiums may apply.
2Combined Discounts A discount of up to 10% is applied to your premium when you combine Buildings and Contents on one Home and Contents Insurance policy, including the optional covers (if selected): Motor Burnout and Accidental Damage cover. The combined discount doesn't apply to any flood component of the premium (where covered) or to the optional covers Portable contents (if selected) and Domestic workers’ compensation (if available and selected). Minimum premiums may apply.
4Minimum Premiums Where discounts are applied, your premium is subject to rounding. If more than one discount applies, they’re applied in a predetermined order, so the later discounts apply to the amount already reduced by the earlier discounts instead of the total amount. Discounts do not apply to government taxes and charges. Most discounts won’t apply below the minimum amount payable for the policy.
6Instalment premiums If you choose to pay your premium by instalments, you do not pay us any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note: Your financial institution may apply transaction fees to instalment payments.
772 Hour exclusion period We may not provide cover for any loss of or damage to your property caused by cyclone, flood, flood water combined with run-off and/or rainwater, grassfires and bushfires during the first 72 hours after you first purchase a policy or increase your cover under an existing policy. Refer to PDS for when exclusion periods apply.
8Earthquake excess An additional imposed excess amount of $250 applies for each claim or loss or damage caused by an earthquake or tsunami, or a series of earthquake or tsunamis, during any period of 48 consecutive hours.