What are covered events in home insurance?
Covered events tell you which situations your home insurance covers. They're listed in your PDS, so always check it out.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Want to know exactly when your home insurance will help? Easy. Just check your product disclosure statement (PDS) for covered events, sometimes called insured events.
Covered events tell you when your home insurance will kick in. Usually, insurers have roughly 10 categories of covered events. We've rounded them up below.
When your home is damaged by flames. For example, a bush fire, kitchen fire, or electric fire.
Be careful though, if there is no direct flame, you might not be covered. For example, if a neighbour has a fire and your home is soot or smoke damaged. In those cases, you usually have to have accidental damage cover to claim.
Theft and attempted theft
When items in your home are stolen, or your home is damaged due an attempted burglary.
You'll have to report the incident to the police for your home insurance to cover it. Unfortunately, you might not be covered if you or a family member invited the culprit into your home.
Malicious damage or vandalism
When your property is intentionally damaged by someone else. It could be graffiti, smashed windows, or even more serious damage due to a riot or civil commotion.
Again, you'll have to watch out. If you publicly post your address as the venue for a party, or you participate in the riot or civil commotion, damage probably won't be covered.
Breakage of glass, ceramics or sanitary fixtures
Cracked toilets, sinks, and shower basins are all covered by your home insurance. So are smashed windows, solar panels, and pool fences.
It could also be handy to know the difference between fittings and fixtures in your home and how your insurance deals with it.
Storms and rainwater
Hail damage, wind damage, and rain damage are all covered under the storms and rainwater category. Damage from drain overflow is also covered, as well as earth movement within a certain timeframe of the storm.
Watch out though, storms aren't covered when you first buy your policy. You might have to wait up to three days before storms are covered. That's to stop people quickly buying a policy as soon as they hear a big storm is on the horizon.
Escape of liquid
Sounds like a weird one, but this covers damage from sudden escapes of liquid or damage from liquid that escaped slowly over time, but there was no way for you to have known.
For example, your washing machine breaks and water floods your home or a broken pipe has been leaking without your knowledge.
Pretty straightforward one, damage from lightning strikes are covered by your policy as long as it's a direct hit.
A home and contents insurance policy can help with the costs of damage to the physical structure of your home, and to your belongings from lightning.
Damage from explosions are covered by your policy. For example, a boiler explosion, an electronic device exploding, or a gas explosion.
This can sometimes include cover for earth movements that happens within a certain amount of time after the explosion. You'll need to check your PDS to see if this part is included.
Earthquake or tsunami
Damage caused by an earthquake or a tsunami, including earth movement that happens within a certain time frame of the event.
To be covered, the earthquake must be recorded by an Australian government geoscience organisation. The tsunami must also be recorded as arising from an earthquake.
Impact at home
Impact means when something hits your home or falls onto your home. That could be a falling tree, a car that's lost control, or even if a power pole collapses.
One big exception is damage caused by falling trees if you or a family member has given permission for them to be felled.
Flooding is when normally dry land is covered by water that has escaped from a lake, river, creek, reservoir, canal or dam.
Flood cover is usually an optional extra, so always check your insurance policy carefully to see if you're covered or not.
Protect yourself from bad things happening
More guides on Finder
Power outage? Food spoilage insurance
How home insurance can cover you for food spoilage and save you hundreds on wasted food.
Hearing aid insurance
Want hearing aid insurance? Home insurance is the answer.
What is insurance fraud, and how does it affect my home insurance?
Curious to know what happens if you commit insurance fraud on a home insurance claim? Here's what we know, and why you probably shouldn't do it.
Fixtures and fittings: Why they matter in home insurance
Knowing the difference between fixtures and fittings can help you decide which home insurance policy is right for you.
What is malicious damage?
Protect your home from the costs of malicious damage with home insurance. Compare policies in just minutes and get peace of mind.
Porsche 911 car insurance
Want to insure a Porsche 911? Here are things we think you should know.
How to start a gardening business in Australia
Here are all the things you need to know for a successful gardening business.
Does homeowners insurance cover rodent damage?
Is it possible to get insured against damage caused by pesky rodents? Find out here.
Home furniture insurance
Here’s everything you need to know about insuring your prized furniture collection.
Granny flat insurance
Find the right granny flat insurance, whether you're renting yours out or you've moved into one.
Ask an Expert