Discover why comprehensive insurance is vital in South Africa’s changing landscape in 2025, and how you can help cover our clients’ homes and belongings.
As we step into 2025, the new year brings a sense of renewal and fresh starts. For insurance brokers, it’s a time to reflect on the importance of covering your clients’ most valuable assets – their homes and belongings. A home is more than just a structure; it’s a sanctuary where lives are built, families are raised, and cherished memories are created. That’s why building and home contents insurance is not just a necessity, but a crucial way to provide cover and minimise financial risk for the things your clients love.
Home security in South Africa
In South Africa, the importance of covering your clients’ homes and their contents cannot be overstated. According to the latest statistics, home break-ins continue to be a significant concern. In 2024, it was estimated that over 250 000 home burglaries would occur nationwide, highlighting the urgent need for comprehensive insurance coverage. Additionally, the number of building insurance claims is projected to reach an all-time high, with over 100 000 claims expected to be filed by the end of the year. These figures underscore the vulnerability of your clients’ homes and the critical role insurance plays in mitigating a burglary’s impact on their investment.
Understanding building and home contents insurance
Building insurance and home contents insurance are two distinct but equally important types of coverage. Building insurance covers the physical structure of your clients’ homes, including the walls, roof, and permanent fixtures. It covers damages caused by events such as fires, storms, and other natural disasters limited to what is covered on the policy perils. On the other hand, home contents insurance covers your clients’ personal belongings within the home, such as furniture, electronics, and valuable items. Together, these insurance policies provide a comprehensive shield against various risks, ensuring that your clients are financially protected in the event of a loss due to an insured peril or extension.
Why building insurance matters
Your clients’ homes are likely one of their most significant investments, and covering them is paramount. Building insurance ensures that any structural damage to the property is covered, allowing them to repair or rebuild without financial strain. Whether it’s a natural disaster, vandalism or accidental damage limited to items mentioned in the extensions, building insurance provides the peace of mind that their home is covered for unforeseen events.
In 2025, with the projected increase in building insurance claims, it’s more important than ever to have reliable, comprehensive coverage, tailored to meet the unique needs of South African homeowners.
Home contents insurance
While building insurance covers the structure of your clients’ homes, home contents insurance focuses on the items inside. From valuable jewellery to essential appliances, their belongings are an integral part of their daily lives. Home contents insurance ensures that these items are covered against theft, damage, or losses due to an insured peril or extension, providing financial security and peace of mind.
With the rising number of home break-ins in South Africa, home contents insurance is more crucial than ever. It offers a safety net, ensuring that your clients can replace or repair their belongings without financial burden.
The impact of losing cherished items is not only financial, but also emotional. Home contents insurance policies must provide robust coverage, ensuring that your clients are covered for various risks.
Service behind the product
It’s not only the cover that matters. The service that brokers and clients receive is just as important – something we, at Auto&General, prioritise through our “never not there” approach, which provides support and guidance whenever it’s needed.
When clients are dealing with an event such as a natural disaster, home break-in, or any other unforeseen event limited to the policy perils, it’s important that they receive support every step of the way.
Embracing the new year with confidence
Building and home contents insurance is not just a financial safeguard; it’s a commitment to preserving the memories and moments that make your clients’ homes truly special.
As the year gets into full swing, ensure your clients have the peace of mind that comes from knowing their home and belongings are covered.
