[Solved] How to get apartment insurance? Get contents cover.

Apartment Insurance

Apartment insurance could give you $20,000 worth of protection, for as little as $23 a month.

Couple unpacking boxes

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Apartment insurance is great for anyone who wants to insure the belongings in their home, but not the building. You can even add cover for fixtures and fittings, so more permanent features like kitchen countertops, air conditioning units, and solar power systems are also protected.

Compare apartment contents insurance in a few clicks

Name Product Home Contents Cover Fire, Storm & Theft Damage Outdoor Contents Portable Contents Cover Accidental Damage to Home or Belongings Online Discount
Budget Direct Contents Insurance
Yes - $1,000
20% of your contents sum insured
Optional
Get 15% off your first year's premium when you buy a Budget Direct Contents insurance policy online. T&Cs apply.
Westpac Contents Insurance
Yes
Get 15% off the first year of your policy when you buy online. Use promocode: COVER. T&Cs apply.
Qantas Contents Insurance
Yes
Optional
Optional
Earn up to 20,000 Qantas Points when you apply by 2 May. Points awarded will be based on your premium. T&Cs & exclusions apply.
St. George Contents Insurance
Yes
Save 15% on the first year of your policy when you buy online. Use promocode: COVER. T&Cs apply.
Domain Contents Insurance
Yes
Up to specified Value
Get 15% off your first year's premium when you purchase a new Domain Contents Insurance policy online. T&Cs apply.
Virgin Contents Only
Yes - $1,000
20% of your contents sum insured
Optional
Save 15% on your first year’s premium when you buy a new eligible Virgin Contents Insurance policy online. T&Cs apply.
Youi Contents Insurance
Yes - $2,500
20% of your contents sum insured
Optional
Seniors Top Contents Insurance
Yes - $8,000
Optional
Buy online and save up to 20% on a new contents insurance policy. T&Cs apply.
Real Top Contents Insurance
Yes - $8,000
Optional
Save up to 10% when you purchase cover online.
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What does apartment contents insurance cover?

Here are some of the main things in your apartment that contents insurance can help protect.

Old desk with laptop

Your personal valuables

Includes damage or theft to your laptop, TV, designer clothes, jewellery and more.

Bathroom with modern sink

Permanent fixtures

Covers additions to your apartment like bathroom vanities, stovetops and air conditioners.

Spoiled wine in living room

Accidental damage

Cover for mishaps like spilled wine, a smashed TV screen or a burst water pipe.

How much is apartment insurance? Compare quotes for contents insurance.

Here are some quotes on contents insurance so you can get an idea on pricing depending on the value of your belongings. You can also get a direct quote to match your needs.

$20,000 of Contents - Monthly price$20,000 of Contents - Annual price$50,000 of Contents - Monthly price$50,000 of Contents - Annual priceGet quote
St. george logo$23$276$27$323Get quote
Picture not described$23$276$27$323Get quote
Woolworths car insurance logo$24$264$30$318More info
Picture not described$25$241$32$311More info
Real insurance logo$25$265$30$319Get quote
Coles Insurance$28$234$35$320More info
AAMI logo$30$300$38$374More info
Domain home insurance$31$370$31$370Get quote
GIO Logo$38$379$45$448More info
Picture not described$55$663$66$793More info
Budget Direct Logo$40$402$42$424Get quote
Picture not describedING Home Insurance Logo$41$407$43$429More info
Virginmoney logo$41$407$43$429Get quote
NRMA logo$43$469$43$469More info

We rounded all the quotes to the nearest dollar. The customer profile had no previous claims and a $500 excess.

Learn more about our methodology
  • Quotes were obtained for the same three-bedroom New South Wales home in Baulkham Hills owned by a family of two.
  • Homeowning family of two who moved into their property in 2020.
  • Quotes were obtained in January 2021 and were for contents insurance only.
  • Three-bedroom, one story freestanding house on flat ground with brick veneer walls, terracotta tiled roof, no verandas and built in 1980.
  • Windows secured by deadlocks, with no security devices.

Do I need home insurance for my apartment?

Legally, you're not required to have insurance for your apartment. However, it's a good idea to take out a policy if you have any expensive items that you'd like to protect.

I'm a tenant.
Lots of renters could benefit from contents insurance. If your home is burgled or a water pipe bursts and ruins your things, contents insurance can help you foot the bill.

I'm an owner-occupier.
Your apartment building is likely covered by strata, but you may want to add fixtures and fittings cover, as well as contents insurance. That way, you'll be covered for things like a damaged air-conditioner, as well as your belongings.

I'm a landlord.
If you're renting your apartment out, you should look at landlord insurance.

Ready to compare apartment insurance?

Compare brands side-by-side to make sure you get the right cover for your apartment. Get a new policy or switch your existing policy to save money.

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Why is contents insurance important if you live in an apartment?

Contents insurance is important for anyone who has items in their home which would be expensive to replace. It doesn't matter whether you live in a studio apartment or a three-story townhouse, contents insurance is worth considering. It can protect everything from your TV and audio equipment, to expensive jewellery and designer clothing.

Promoted
Save 30% on your first year's premium when you purchase a new combined Home & Contents insurance policy online. T&Cs apply.

How to reduce the cost of apartment insurance?

There are many ways to reduce the cost of home insurance, like increasing your excess and taking advantage of discounts. If you live in an apartment, there are a few extra things to consider when trying to save.

  • If your building has security. How secure is your apartment building? Are there gated stairwells? Can guests only gain access to the complex or to the lifts with a key or a card, or can anyone just wander in off the street at any time? The more secure your apartment is, the smaller the risk of theft or burglary and the more affordable your premiums will be.
  • If doors lock automatically. Doors that lock automatically when shut are another simple measure that can greatly increase the security of a building and make it harder for uninvited strangers to get in.
  • If you're on a higher floor. As a general rule, the higher up your apartment is, the less likely you are to be broken into. This can help lower your apartment contents insurance premium.
  • If you don't have a balcony. Burglars gaining access to apartments through unlocked balcony doors is a lot more common than you might think, so apartments without balconies generally tend to be cheaper to insure.

What can I do to protect my apartment?

Insurance will only help cover you for accidents and the unexpected. It won't help if the damage is caused by your own neglect. Here are some tips to help prevent damage and loss to your apartment.

Broom

Regular maintenance of the apartment will help you identify areas of wear and tear before they cause problems.

Lock

Increasing security with security doors and surveillance cameras can help deter thefts.

Screw driver

Hiring professional handymen to help with more technical jobs can save you time and stress.

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