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Home Insurance NSW

Looking for home insurance in NSW? Compare policies and get cover for things like fire, flood and fallen trees.

Home insurance provides essential protection against a wide range of unexpected events and mishaps, from fire and storm damage to flood, falling trees and theft. Take your pick with a bunch of home insurers offering cover to New South Wales - you'll be spoilt for choice.

Our guide can help you figure out the right policy for your home in New South Wales.

Find the best home insurance policy for you in New South Wales

Name Product Finder 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★★★★★
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.
Youi Building and Contents Insurance
4.5/5★★★★★
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★★★★★
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.
QBE Home & Contents Insurance
3.5/5★★★★★
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★★★★★
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.
  • 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
2.5/5★★★★★
Our verdict: A good option if you want a well regarded brand. All come with automatic flood cover and let you pay monthly or fortnightly at no extra cost.
Honey Home & Contents Insurance
4.5/5★★★★★
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★★★★★
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.
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★★★★★
Our verdict: Get up to 20% off when you buy a combined home and contents policy. Terms, conditions, underwriting criteria and minimum premiums apply, which may reduce discount. Make sure your rebuild costs are accurate though – Australian Seniors don’t do underinsurance cover.
Kogan Home & Contents Insurance
3/5★★★★★
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★★★★★
Our verdict: Good comprehensive cover (issued by QBE). Also, get 22% off on your first year's premium when you purchase a new combined Home & Contents insurance policy online + $10 monthly credit. T&Cs apply.
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The Finder Customer Satisfaction Awards recognise Australia's favourite brands across a huge number of categories. We survey thousands of real Australians to understand how they feel about their recent product purchases, and use that information to reward the most popular brands.

Here is our 2022 winner and finalists for home insurance in NSW.

Home insurance brand NSW

Home insurance brand - NSW: AAMI Home Insurance

Finalists

Why should I get cover for my home?

There are several reasons why home insurance is essential for every Australian homeowner, including:

  • It protects your most valuable asset. Your home is likely to be the most expensive purchase you ever make, so it makes financial sense to insure it. Home and contents insurance covers the cost of repairing, rebuilding and replacing your home and treasured possessions when disaster strikes.
  • Things can go wrong at any time. A freak storm, a burst pipe, opportunistic thieves – accidents and unexpected events can happen at any time. But while there’s no way to predict the future, home insurance can protect you against any nasty surprises.
  • It gives you peace of mind. Home insurance in NSW is all about peace of mind, ensuring that you will be financially protected no matter what the future holds.
  • It's usually a home loan requirement. Many lenders will require you to take out home insurance cover before agreeing to offer you a home loan.

What kind of things should I consider before taking out insurance in NSW?

NSW residents may also be exposed to a number of specific risks and it’s important to make sure you’ll be covered before taking out a policy.

Residents of some areas of northern NSW may need protection against flood and storm damage, while those in rural areas may benefit from protection against bushfires.

On the other hand, apartment dwellers living in Sydney will need to make sure any policy they choose has adequate cover for a strata-titled property.

Before deciding on the best home insurance policy for you, you’ll need to consider a wide range of factors. How much cover do you need? Do you want buildings only cover or cover for your contents as well? How much would it cost to replace my home and contents if they were completely destroyed?

What type of home insurance can I get in NSW?

You can get the same insurance as any other state. There are three types of home insurance available in NSW:


Home insurance

Building-only insurance
Also referred to as building or building-only insurance, covers your physical buildings against loss or damage.


Contents insurance

Contents insurance
Contents-only policies cover the cost of repairing or replacing your household items and possessions.


Home and contents insurance

Home and contents insurance
Home and contents insurance allows you to combine building insurance and contents insurance under one comprehensive policy.

How much does home insurance cost in NSW?

The price of home insurance is calculated based on your home, so it's a bit hard to give you a solid answer. Instead, we got a bunch of quotes for two homes in Baulkham Hills, NSW. One worth $500,000 and another worth $1,000,000 - this way you have a ballpark figure at least.

It's also important to consider the factors that can affect the cost of your home insurance policy. These include:

  • The level of cover you select. The higher your insured sum, the more you'll pay for cover.
  • The type of cover you select. Combined home and contents insurance costs more than standalone building or contents cover, while premiums also increase when you add optional covers to your policy.
  • Your home. The construction of your home can also affect the price. For example, if you live in an area prone to bushfires or your home was made of bushfire-resistant materials you could enjoy cheaper premiums.
  • Where you live. Location can also affect premiums based on the likelihood of claims occurring. Living in an area prone to severe storms or a suburb with high break-in rates could drive premiums up.
Brand$500,000 Building - Monthly price$500,000 Building - Annual price$1,000,000 Building - Monthly price$1,000,000 Building - Annual priceGet quote
Budget Direct Logo$160.98$1,615.51$211.01$2,140.13Get quote
Virginmoney logo$163.20$1,631.68$212.95$2,161.54More info
St. george logo$194.21$2,330.61$309.39$3,712.66More info
Domain insure$117.75$1,412.97$144.64$1,735.63
Picture not described$194.21$2,330.61$309.39$3,712.66More info
Everyday Insurance$155.72$1,668.37$227.42$2,436.63Get quote
Picture not described$168.39$1,667.29$262.38$2,607.20More info
Real insurance logo$147.92$1,584.75$216.10$2,315.21More info
Coles Insurance$159.72$1,835.16$328.85$3,864.84More info
GIO Logo$187.94$1,879.46$289.68$2,896.83More info
Picture not described$133.65 $1,603.82 $133.65 $1,603.82 More info
Picture not describedING Home Insurance Logo$163.18$1,631.68$212.94$2,161.54More info
NRMA logo$156.10$1,816.20$177.19 $2,069.30 More info
Huddle home insurance$145.00$1,552.00$212.00$2,269.00More info
Qantas Life Insurance Logo$183.28$1,834.17$239.36$2,429.81More info
Australian seniors$129.77$1,390.36$189.57$2,031.09Get quote
Picture not described$138.01$1,490.54$157.45$1,889.37Get quote

What insurers can I access in NSW?

Home and contents insurance providers in Australia generally don’t confine their policies to just one state or territory. With this in mind, you can compare and choose cover from a wide variety of insurance providers. finder.com.au’s panel includes an extensive selection of leading Australian insurers, including:

Are there any exclusions and additional costs I should be aware of?

Every home insurance policy has a list of general exclusions with situations, events and circumstances in which your insurer will not provide any cover.Common exclusions you may need to watch out for include:

  • No cover when your home is left unoccupied for an extended period of time
  • No cover for renovations or extensions
  • No cover if you fail to keep your home in good repair
  • No cover for actions of the sea, such as high tides

You can find out more about common home insurance exclusions in this handy guide. It’s also important to be aware of a couple of extra charges that affect home insurance in NSW:

  • Stamp duty. Stamp duty applies to NSW home insurance at a rate of 9% of the premium amount.
  • Fire and emergency services levy. This levy currently applies to home insurance premiums in NSW, but is in the process of being replaced by a fee added to council rates notices.

There are many factors to consider when choosing home insurance in NSW, but if you’re willing to shop around and compare your options you’ll soon be able to find the perfect policy for your needs.


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Since 2014, we've helped 150,000+ people find home insurance by explaining your cover options simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.

Read more:

* The products compared on this page are chosen from a range of offers available to us and are not representative of all the products available in the market. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.

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