Home Insurance

Best home and household insurance in South Africa

Compare buildings and household contents insurance from OUTsurance, Santam, Old Mutual iWYZE and Momentum — cover limits, excesses and bundle discounts.

Written by

MoneyWise Editorial Team

SA Personal Finance Desk

Fact-checked

Faatimah Hendricks, CFP®

Independent reviewer

Last updated

3 August 2026

4 home insurance providers

Methodology

How we review

50+ data points scored

DisclosureSome providers below are paid partners. Rankings reflect editor scoring — see how we review.

What matters most

What to look for in a home insurance provider

1Editor score across price, cover and customer service.
2Independent customer-satisfaction data (SAcsi, Ombudsman).
3Transparent fees and no lock-in clauses.
4Match to your situation — best-for tags reflect real use cases.

Editor's awards

Best home insurance for…

Our analysts ranked every option on price, cover, claims experience and rewards. These won their categories.

Best overall

Santam

4.6

Why it winsHighest editor score (4.6/5) across cover, value and service.

Best for value

Old Mutual iWYZE

4.1

Why it winsLowest indicative monthly cost — From R380 pm.

Sort

ProviderRatingBest forMonthly est.Action

Editor's pick
Santam
Buildings + contents in one policy
4.6
Comprehensive cover
From R610 pm
OUTsurance Home
Home + car multi-policy discount
4.4
Bundling
From R475 pm
Old Mutual iWYZE
Simple online quotes
4.1
First-time homeowners
From R380 pm
Momentum Short-term
Multiply-linked discounts
4.0
Rewards seekers
From R520 pm

Ready to compare home insurance?

Spec sheet

Side-by-side comparison

Compare the exact home insurance features that matter — prices, cover, rewards and more — column by column.

Highlight best per rowSort

Home Insurance providers	S Santam 4.6 Editor	O OUTsurance Home 4.4	O Old Mutual iWYZE 4.1	M Momentum Short-term 4.0
Best for	Comprehensive cover	Bundling	First-time homeowners	Rewards seekers
Avg. monthly premium	R472	R310	R433	R563
Standard excess	R6000	R7500	R7000	R7000
Avg. claim settlement	24 hours	3–5 days	48 hours	Same day
Power-surge cover	Included	Included	Included	No
Domestic worker cover	Included	Included	Included	No
Emergency home assist	No	Included	Included	No
App rating	4.6	4.0	3.7	3.9
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Santam

Comprehensive cover

4.6

Avg. monthly premium: R472
Standard excess: R6000
Avg. claim settlement: 24 hours
Power-surge cover: Included
Domestic worker cover: Included
Emergency home assist: No
App rating: 4.6

OUTsurance Home

Bundling

4.4

Avg. monthly premium: R310
Standard excess: R7500
Avg. claim settlement: 3–5 days
Power-surge cover: Included
Domestic worker cover: Included
Emergency home assist: Included
App rating: 4.0

Old Mutual iWYZE

First-time homeowners

4.1

Avg. monthly premium: R433
Standard excess: R7000
Avg. claim settlement: 48 hours
Power-surge cover: Included
Domestic worker cover: Included
Emergency home assist: Included
App rating: 3.7

Momentum Short-term

Rewards seekers

4.0

Avg. monthly premium: R563
Standard excess: R7000
Avg. claim settlement: Same day
Power-surge cover: No
Domestic worker cover: No
Emergency home assist: No
App rating: 3.9

Spec values are indicative and standardised for comparison. Confirm details with each provider before applying. See our methodology.

Information is indicative. Always confirm directly with the provider and read the policy schedule before purchase. MoneyWise may earn a commission when you click through.

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