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Can I insure my house for more than it’s worth?

It is your responsibility to insure the dwelling for the correct sum insured so as not to be under-insured at claim stage. You could insure the house for more than it’s worth, but insurers will put you in the same position you were in prior to the loss when a claim is submitted. That is, they will only pay you out on the actual replacement value, not on the higher value you insured it for.

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Average rating of 4.86 from over 4 550 reviews

Simply The Best

Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

Tia J

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Excellent Service

Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

Brice G

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Bond Application

Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

Butana M

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