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Home insurance: Compare & save

Our home insurance comparison can help you save time and money on one of your biggest household bills.

1 - 7 of 21

Name	Product	Finder Rating
Budget Direct Home & Contents Insurance Budget Direct Home & Contents Insurance 4.5/5★★★★★ rating Finder AwardBonus	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	4.5/5★★★★★ rating	Our verdict: The most popular insurer on Finder, Budget Direct prioritises low-cost cover and gives you up to 30% off your first year for new combined policies purchased online. This is a big reason it won this year’s Finder Award for value.	Get a quote View details	Compare	loading Fetching your data...
Youi Building and Contents Insurance Youi Building and Contents Insurance 4.5/5★★★★★ rating Best Rated Brand	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	4.5/5★★★★★ rating	Our verdict: Finder’s 2022 Insurer of the Year for Customer Satisfaction and our Top Pick for Fire Damage cover. It’s good if you want a tailored quote over the phone.	Get a quote View details	Compare	loading Fetching your data...
QBE Home & Contents Insurance QBE Home & Contents Insurance 3.5/5★★★★★ rating Green CompanyBonus	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	3.5/5★★★★★ rating	Our verdict: Finder's Top Pick for Floods plus cover for other common claims such as fire and theft). Its discount is better than most – 20% off your first year with a combined policy.	Get a quote View details	Compare	loading Fetching your data...
Honey Home & Contents Insurance Honey Home & Contents Insurance 4.5/5★★★★★ rating Finder AwardBonus	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	4.5/5★★★★★ rating	Our verdict: Honey gives you $250 smart sensors to reduce accidents and estimates your rebuild costs for you. Honey was a finalist for the comprehensive category in this year’s Finder Awards.	Get a quote View details	Compare	loading Fetching your data...
Australia Post Home & Contents Insurance Australia Post Home & Contents Insurance 3.5/5★★★★★ rating Bonus	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	3.5/5★★★★★ rating	Our verdict: Covers common claims such as fire, storms, floods and rain. It’s also very helpful if you need to rebuild following a disaster. It offers a special safeguard of up to 30%.	Get a quote View details	Compare	loading Fetching your data...
Kogan Home & Contents Insurance Kogan Home & Contents Insurance 3/5★★★★★ rating Bonus	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	3/5★★★★★ rating	Our verdict: Good comprehensive cover (issued by QBE). Also, get 16% off on your first year's premium when you purchase a new combined Home & Contents insurance policy online + $10 monthly credit. T&Cs apply.	Get a quote View details	Compare	loading Fetching your data...
Qantas Home and Contents Insurance Qantas Home and Contents Insurance 4.5/5★★★★★ rating BonusFinder Award Finalist	Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features Storm Fire Theft Flood Accidental Damage (e.g TV falls) Impact to home (e.g falling trees) Escaped water (e.g burst pipe) Portable contents (e.g dropped laptop outside of home) + more insured events and other features	4.5/5★★★★★ rating	Our verdict: Earn up to 30,000 Qantas Points with every Qantas Home Insurance policy you take out by 28 May. T&Cs and exclusions apply.	Get a quote View details	Compare	loading Fetching your data...

Why compare home insurance with Finder?

You pay the same price as buying directly from the home insurer.
We're not owned by an insurer (unlike other comparison sites).
We don't ask for your phone or email.
We've helped over 300,000 people find home insurance.

Meet our experts

Collectively, our experts have over 12 years of experience helping people find home insurance.

We've written hundreds of guides (211 so far and counting) and are passionate about presenting the most up-to-date and relevant information for you.

We can help provide answers during major weather events and natural disasters such as La Niña, the recent Australian floods or during bushfire season.

You can regularly catch our experts on TV shows such as Sunrise and 7News dishing out the latest home insurance savings tips.

Here's what some of our experts have to say...

❮ ❯

To prevent water damage, it's worth making sure your gutters don't become blocked by leaves and other debris this autumn. Home insurance typically won't cover you for damage related to something like this. This is because it's considered general maintenance – that is, something you ought to be doing yourself.

Gary Ross Hunter
Finder insurance and innovations editor

Just having an awareness of what your insurance cover amount is and what your policy covers you for will make a difference. If you just haven't reviewed it for a number of years, it may be time to do that.

Angelo Azar
Home insurance expert, COO of Honey Insurance

Trying to navigate a product disclosure statement can get overwhelming quickly. So I understand why people get confused about what's included in their policies. When I'm doing research, I just Ctrl+F a keyword or phrase and it saves me a lot of time and frustration.

Jessica Prasida
Finder home insurance publisher

One thing I've learned is that every insurer prices its risk in really different ways. Something as simple as the policyholder having a birthday can change the risk profile of the policy and change the premium. I compared options in 2022 when my home insurance premium went up by 33%, and I saved over $1,400! It really pays to shop around.

Sarah Megginson
Finder head of editorial and homeowner

One of the most common accidents is when people have their smartphones accidentally damaged. The great news is most content insurance can cover your phone in and outside of your home. To ensure your phone is properly covered, have it specified on your policy.

Raj Lal
Finder associate publisher and ex-claims manager

I pay for home insurance annually, whenever I can afford to. Insurers often charge more if you pay for your policy once per month. I'm a firm believer that staying loyal to an insurer never pays off with home insurance. I'd encourage consumers to compare at least 4 or 5 different policies when your renewal date creeps closer.

James Martin
Finder insurance editor and homeowner

Learn more about
home insurance

Our home insurance guides can help you compare and understand what cover option is right for you.

Some more helpful guides

expert advice

Best home insurance
5 policies selected by our experts, assessed and updated regularly

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Home and contents insurance
For homeowners who also care about the stuff inside their home

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Contents insurance
For folks who only want to cover their belongings (best for renters)

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Building insurance
For homeowners who want to protect the building but not its contents

Some more helpful guides

Compare Finder's home insurance award winners

Our team of experts researched 68 home insurance policies and selected 2 Finder Award winners based on value and comprehensiveness.
We also ran awards for customer satisfaction, innovation and green insurance.

Do you want it ALL?

Honey Insurance is our 2023 winner for comprehensive cover in home insurance.

It comes with automatic flood cover, up to $20,000 towards your home office contents and you also get smart sensors (worth $250) to prevent accidents.

Full list of 2023 winners

Bang for your buck

Budget Direct is our 2023 value winner in home insurance.

On average, it's cheaper than most insurers and it covers most of the essentials such as fires, storms and theft. You can take out extra cover for things like floods and accidental damage.

Full list of 2023 winners

Want to go green?

QBE is our green insurer of the year for the fourth consecutive year. It's on track to be net-zero by 2030, a portion of your premiums go towards environmental causes and it can pay for some swanky environmental upgrades if your home is damaged. Plus, it's one of the most comprehensive home insurance policies you can get in Australia.

Full list of 2023 winners

Pay less with tech

Honey Insurance recently took home the main insurance prize at our 2022 Finder Innovation Awards.

Why? It takes less than 3 minutes to get a quote and you get $250 worth of smart sensors that detect household accidents such as leaks and burglary.

Full list of 2022 winners

A dependable all-rounder

Plan to take out more than one type of insurance (home, car, pet)? Well, we also had a customer satisfaction award for insurer of the year.

Youi was the winner. (Savings tip: you often get a discount for multiple policies with the same brand.)

Full list of 2022 winners

Are you satisfied?

No? Maybe our customer satisfaction awards can help. We teamed up with research firm Dynata and asked hundreds of Australians for their opinion about their home insurance. Our 2022 winners are:

National: AAMI
VIC: Youi
NSW: AAMI

QLD: Youi
SA: RAA
WA: RAC

Full list of 2022 winners

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What does home insurance cover?

FiresFor example, a fire or bushfire destroys your home. Only some policies cover accidental fires.

StormsFor example, if wind from a storm damages your roof.

TheftFor example, replacing locks and stolen items after a break-in.

ImpactFor example, if a tree falls and damages part of your home.

LeaksFor example, if a pipe bursts and ruins your floors.

Here's a full list of things that most home insurance policies will cover.

Is this covered?	Home and contents insurance	Building insurance	Contents insurance
Storm and rainwater damage
Escape of liquid, such as a burst pipe
Fire damage
Theft and attempted theft
Malicious damage and vandalism
Breakage of glass, ceramics and sanitary fixtures
Explosions
Impact damage, such as a fallen tree
Lightning strikes
Temporary accommodation
Flood
Earthquake or tsunami
Accidental damage
Portable contents
Motor burnout
Deliberate or negligent damage
General wear and tear
Asbestos
Mould, termites or vermin
Damage from renovations
If your home is unoccupied

How much does home insurance cost?

We gathered over 300 quotes from 17 different insurers
for a $500,000 building and $100,000 of contents.

On average, the monthly cost of home insurance
in Australia is:

$160

How we got this price

Finder survey: How often do Australians compare or switch their home insurance?

Response	Male	Female
Once a year	21.05%	16.72%
I never compare or switch	14.1%	18.1%
Once every 3+ yrs	12.03%	13.79%
Every 2 yrs	11.09%	9.48%
More than once a year	0.94%	1.03%

Source: Finder survey by Pure Profile of 1113 Australians, December 2023

How can I save on my home insurance?

Don't just renew

Global warming is to blame for a lot. It's also a major reason home insurance costs are rising. You don't need to just accept the price increase though. When your renewal comes up, shop around. You'll likely find somewhere cheaper.

Take advantage of sign-up discounts

Home insurers like to offer sign-up discounts to get you on board. Some can genuinely save you a lot of money, like 30% off your first year. If you want to continue saving though, keep switching every 12 months because insurers often increase existing customers' prices significantly.

Install home security

Insurers like safe homes, so make yours like Fort Knox (internal alarms, external sirens or external strobe lights will suffice) and some will charge you less.

Increase your excess

This is a specified amount you need to pay whenever you make a claim. All home insurance policies have them. Most will let you increase your excess in return for cheaper premiums. There's a downside though – making a smaller-value claim won't be worth it.

How Donna and Kevin saved by switching

When my husband and I turned 60 and became semi-retired we wanted to put a stop to unnecessary purchases/bills so we could spend time enjoying our retirement. When we received our insurance renewal (from a company we'd been with for over 5 years), I was blown away to learn not only were they increasing my premium by 60%, but when I compared their basic cover against Honey Insurance's cover (with added benefits) I was saving over $700 a year!

— Donna and Kevin Field, NSW-based homeowners

Latest home insurance articles

NSW flood relief: Full list of support

Home insurance deals

Remember the exclusive deals and sign-up offers we mentioned? We put together a list of them below to help you save:

Store	Discount
Honey Home Insurance Deals	Receive $250 worth of smart sensors with Honey Home Insurance Get free smart sensors (valued at $250) to install around your home when you sign up for a combined home and contents policy. T&Cs apply. Last verified 1 Apr 2024	Get deal
Budget Direct Home Insurance Deals	30% online discount on new home and contents insurance Receive 30% off your first year's premium when you purchase a new combined home and contents insurance policy online. T&Cs apply. Last verified 1 Apr 2024	Get deal
Qantas Home Insurance Deals	Earn up to 30,000 Qantas Points with Qantas Home Insurance Earn up to 30,000 Qantas Points with every Qantas Home Insurance policy you take out by 28 May. T&Cs and exclusions apply. Last verified 23 Apr 2024	Get deal Deal ends 28 May 2024
QBE Home Insurance Deals	Get up to 20% off your first year's premium with QBE Building and Contents Insurance Discount is made up of a 10% online discount, and a further 10% for buying a combined policy. T&Cs apply. Last verified 1 Apr 2024	Get deal
Australia Post Home Insurance Deals	Get 10% off when buying Home and Contents Insurance from Australia Post Save 10% when you buy a combined home and contents insurance policy online from Australia Post. T&Cs apply. Last verified 1 Apr 2024	Get deal

Read our home insurance reviews

Want to find out more about a specific insurance brand? We've reviewed over 60 of them. Here's a bunch of the most popular ones:

If the brand you're looking for isn't here, check out our full home insurance directory.

Why you can trust Finder's home insurance experts

We're free

You pay the same as buying directly from the home insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.

We're experts

We've researched and rated dozens of policies as part of our Finder Awards. We provide unique insights and our in-house experts regularly appear on Sunrise, 7News and SBS News.

We're independent

Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of home insurance brands, making it easier for you to find a good deal.

Frequently asked questions

We gathered over 200 quotes from 16 different insurers and found that the average cost of home insurance in Australia is $160 a month. However, this is going to vary based on your own living situation.
The cost of home insurance can depend on different factors including the following:
- The value of your home and belongings. The more expensive, the higher your premiums are likely to be to cover the costs.
- The area that you live in. Is your home in a bushfire-prone area or one where burglary is common? The higher the risk of damage or loss, the more expensive your home insurance will be.
- The level of cover you purchased. Sum insured is usually cheaper than total replacement value because there's a chance you've undervalued your home. Similarly, a contents or home insurance only policy will be cheaper than a combined policy.
During the quote process, most home insurers will ask you how much you want to insure your building for. This is often called the sum insured. To do this, you will need to estimate how much it would cost to rebuild your property if it was destroyed. The easiest way to do this is to use a building and contents calculator or use Honey Insurance which can calculate this figure for you.
Sum insured is when you choose the maximum amount of cover you want for your home. For example, if you think your home will cost $1,500,000 to rebuild from scratch, this is the sum insured you'd select. On the other hand, total replacement insurance covers the market value of rebuilding your home.
Sum insured is riskier (and usually cheaper) because there's a chance you won't value the home properly. For example, if your sum insured is $1,500,000 but your home ends up costing $1,800,000 to rebuild, you'll have to pay the $300,000 yourself. Find out more about total replacement cover in our full guide.

We updated this guide on 3 October 2023. We changed some headings in this guide to make it easier to read.

Gary Ross Hunter

Gary Ross Hunter is an editor at Finder, specialising in insurance. He’s been writing about life, travel, home, car, pet and health insurance for over 6 years and regularly appears as an insurance expert in publications including The Sydney Morning Herald, The Guardian and news.com.au. Gary holds a Kaplan Tier 2 General Advice General Insurance certification which meets the requirements of ASIC Regulatory Guide 146 (RG146).

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62 Responses

RhondaFebruary 13, 2024

We wish to insure our house-only for buildings insurance, but it is on 50 acres, with our vineyard / winery business conducted at the same address. The house has nothing to do with the business, but most insurers will not cover us at all because of the business being co-located on the site.
It takes about 15 minutes worth of questions with each insurer to get to the point where the “computer says no”, so it is a painful process to try to find an insurer.
Are there any insurers who will cover our house? Thanks.

Finder

SarahFebruary 15, 2024Finder

Hi Rhonda, Given the complexity of your situation, it might be worthwhile consutling with an insurance broker.

You can learn more about how insurance brokers work and how to find one in this guide.

Best of luck!

WilFebruary 12, 2024

Hi Team
I have just built a new 2 x unit duplex on the Sunshine Coast. It is under one title at this stage. I want to live in one unit and long term rent the other unit. What insurance companys will do this for me?

Finder

SarahMarch 25, 2024Finder

Hi Wil, Have you considered using an insurance broker? They can often assist with trickier risks like yours. The National Insurance Brokers Association has a search tool that might help you find someone in your area: https://www.needabroker.com.au/

Hope this helps!

JaredJanuary 25, 2024

Hi,

I have a 4-bedroom townhouse in Canberra. The house set up is a 3-bedroom main house, a courtyard and then a 1-bedroom studio on top of the garage (4bdr in total). We have 2 separate tenants, is it possible to get these insured separately? One tenant rents the main house, courtyard and garage and the other tenant rents the studio apartment on top of the garage.
Struggling to find someone who can help us, hoping you will be able to! :) The studio is not titled separately to the main house.

Finder

SarahMarch 25, 2024Finder

Hi Jared,

Have you considered using an insurance broker? They can often assist with trickier risks like yours. The National Insurance Brokers Association has a search tool that might help you find someone in your area.

Alternatively, one of the insurers on this panel of landlords insurers may be able to help.

ChristineJanuary 3, 2024

Can you provide an insurer who covers house heritage overlay

Finder

SarahJanuary 5, 2024Finder

Hi Christine, More information about insuring older homes is available here: https://www.finder.com.au/older-homes-insurance

JulieDecember 18, 2023

Do you provide residential strata insurance?

Finder

SarahJanuary 31, 2024Finder

You can review some options for residential strata insurance here: https://www.finder.com.au/home-insurance/strata-insurance