Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

  Moving house fast and easily

Insure your new home

As you get close to settling on your property, you want to be sure you’ve got the right insurance coverage to protect your investment. Here’s a quick guide to what you need and when.

All you need to know about insurance

To avoid being underinsured, your home and contents sum insured should reflect what it would cost to rebuild your house or replace your contents at today’s prices.

To help you estimate the replacement value of your home and contents you can use the Home and Contents Calculator. Please note that our calculator is intended as a guide only and shouldn’t be relied on for the purpose of making a decision in relation to purchasing our products. Consider whether you need a professional valuation from an architect, builder or other valuation expert.

Home & Contents Insurance

$100 OFF when you buy online

Home Building Insurance

$50 OFF when you buy online

Contract or settlement…when do you need insurance?

Until the contract is signed, the seller is responsible for insuring the property. After the contract is signed but before you take possession on the settlement date, the seller is still technically responsible for maintaining the property. If, for example, you conduct a pre-settlement inspection and find that the house has been substantially damaged since you signed the contract, that contract could be voided.

You should consider arranging for your new home to be insured from the date of the contract signing, not just from the settlement date. This will ensure that the property is insured and damage from insured events is covered. With a home building insurance policy appropriate for you, you’ll sleep better knowing you actually have somewhere to rest and call home.

What about Life Insurance and Income Protection?

If you’ve entered into a home loan alongside someone else, you both need to consider what happens to the loan if one of you passes away, or is unable to earn an income because of an illness or injury.

It’s a very difficult thing to think about, we know, but one awkward conversation now can prevent something truly disastrous from happening later on.

We’re ready to help you

Apply for a home loan or pre-approval

Book a visit with one of our friendly lenders

Insure your new home

© Copyright Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882 (“Suncorp Bank”). Registered office: Level 23, 80 Ann Street, Brisbane QLD 4000. In accessing Suncorp's site you agree to our Online Terms & Privacy Statement. Please ensure that you read these before accessing the site.

Banking Products and Home Loans are issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882 (“Suncorp Bank”) to approved applicants only. Please read the relevant Product Information Document and the Terms and Conditions before making a decision regarding any Suncorp Bank products. Fees, charges, terms and conditions apply and are available on request or on our Product Information Documents and Forms page.

Suncorp life insurance products are issued by Asteron Life & Superannuation Limited ABN 87 073 979 530 AFSL 229 880 (Asteron), and AAI Limited ABN 48 005 297 807 AFSL 230859 (AAI) which is part of the Suncorp group, who only issues the redundancy benefit. Asteron is authorised to use the Suncorp brand. Any advice on this page is general in nature and is provided by Platform Ventures Pty Ltd ABN 35 626 745 177 AFS Representative Number 001266101 (PV). PV is part of the Suncorp Group and an authorised representative of TAL Direct Pty Limited ABN 39 084 666 017, AFSL 243260 (TAL Direct). TAL Direct and Asteron are part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 (TAL) group of companies. The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on the advice, you should consider the appropriateness of the advice, having regard to those matters. Before making a decision about the product you should consider the relevant Product Disclosure Statement available from Asteron at or by calling 1800 639 065. The Target Market Determination is also available. If you decide to purchase or vary a financial product, PV will receive fees and other benefits, which will be a dollar amount or a percentage of the premium you pay. You can ask us for more details.

Asteron supports and adheres to the Life Insurance Code of Practice (Code). The Code has been developed voluntarily by the Life Insurance industry through the Financial Services Council to promote high standards of service to consumers, provide a benchmark of consistency within the industry, and establish a framework for professional behaviour and responsibilities. Download the Code here. For more information contact the Financial Services Council on (02) 9299 3022 (local call cost), email or visit

Products and services including banking, superannuation and insurance (including home and car insurance) are provided by separate companies in the Suncorp Group. Each entity is not responsible for, or liable in respect of, products and services provided by other entities of the Suncorp Group. Suncorp Bank is only liable for the banking products or services it provides and not the products and services of other companies in the Suncorp Group.

Life insurance is provided by Asteron Life & Superannuation Limited ABN 87 073 979 530, AFSL 229 880 (Asteron). Asteron is part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). Suncorp is a distributor of Life Insurance products issued by Asteron. The different entities of TAL and the Suncorp Group are not responsible for, or liable in respect of, products and services provided by the other.

The information is intended to be of general nature only. We do not accept any legal responsibility for any loss incurred as a result of reliance upon it – please make your own enquiries.