Next step: Cover your nest
Make sure your home’s covered from the day you need it to be.
Why BankSA?
One less step
Sort out your insurance and banking together.
Flexible payment options
No extra cost to pay by the month so you can better manage your budget.1
All in one place
See your insurance policies next to your bank accounts in the App.2
Comprehensive cover
Insure your home and contents for storm damage, floods and bushfires.3
Cover options explained
Building Insurance
May be a condition of your new home loan. It covers your home’s physical structures. From your roof to your deck and many permanent fixtures in between.
Contents Insurance
Cover for household and personal items at your home. Think furniture, white goods, electrical appliances, clothing, linen and more.
Home and Contents Insurance
Combine Building (also known as Home) Insurance and Contents Insurance to safeguard your home’s physical structures, plus the household and personal items you keep at your home.
Award winning value... yet again!
BankSA has been recognised with the Canstar Outstanding Value Home, Home & Contents and Contents Insurance awards for a second year in a row.
3 important questions about home insurance for borrowers
When do I need insurance?
Insurance may be required at different times depending on the property’s location, the type of property and terms of your purchase contract, so it’s important to find out when you might need it.
IMPORTANT: Speak to your conveyancer or lawyer to confirm what applies to your circumstances.
Which insurance do I need?
Use our cover selector to help you find the insurance that’s right for you.
I have insurance, what happens next?
Before your loan can settle, you may need to provide a copy of your building insurance certificate (unless you’re covered by strata or buying vacant land). You can either upload it to online banking or send a copy to your lender. The final steps of the loan application process are:
- Sign your loan documents
- Provide any outstanding information
- Settle and get the keys!
Tools and calculators
Calculators are intended as a guide only.4
Home Building calculator
Estimate the cost to rebuild your house.
Home Contents calculator
Estimate the cost to replace the contents in your home.
Important information
BankSA's Privacy Statement is available at banksa.com.au/privacy/privacy-statement or by calling 13 13 76. It covers:
- How you can access the personal information BankSA holds about you and ask for it to be corrected;
- How you can complain about a breach of the Privacy Act 1988 (Cth) or a registered Code by BankSA and how BankSA will deal with your complaint; and
- How BankSA collect, hold, use and disclose your personal information in more detail.