Finder makes money from featured partners, but editorial opinions are our own.

House Insurance Victoria

Are you looking for house insurance in Victoria? Protect your home from things like theft, flood and fire, and get peace of mind.

Home insurance can protect your home from a bunch of mishaps like fire and water damage, to fallen trees and vandalism. You'll have a variety of home insurers to choose from in Victoria, so let's make sure you make the right choice.

Our guide outlines things to look out for when buying home insurance in Victoria, what policies are on offer and examples of how much you could pay.

Want the best home insurance for Victoria? Start your search here.

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.
Qantas Home and Contents Insurance
4.5/5★★★★★
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★★★★★
Our verdict: Earn up to 50,000 Qantas Points with every Qantas Home Insurance policy you take out by 5 December. T&Cs and exclusions apply.
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.
loading

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 the 2021/2022 winner and finalist in Victoria.

Home insurance brand VIC

Home insurance brand - VIC: Youi Home Insurance

Finalists

Harbour landscape in Victoria

What should I consider when purchasing home insurance in Victoria?

The right type and level of cover for you may vary substantially depending on where you live in Victoria.

One of the biggest risks facing rural properties in Victoria is bushfire, while some towns on the banks of the mighty Murray River face an increased risk of a flood. If you’re the owner of an apartment in the CBD, you might be more likely to face theft and break-ins or water damage if your upstairs neighbour has plumbing problems and your apartment is flooded.

You’ll need to consider a wide range of factors when deciding on the best home insurance policy for your needs. First, you’ll need to consider whether you want standalone home or contents cover, or whether you want to combine the two and enjoy the benefits of comprehensive cover.

Next, think about your specific cover requirements. How much cover do you need? What risks do you need to protect your property and possessions against? How much would it cost to replace everything you own if it were completely destroyed?

By taking your unique risks into account, you’ll be able to find a policy that matches your needs.

What type of home insurance can I get in Victoria?

There are three home insurance options available to Victorian homeowners:

Home insurance

Home insurance
Also known as building insurance, this type of policy protects your physical building from loss or damage caused by fires, storms, impacts, theft and a variety of other risks.

Contents insurance

Contents insurance
Contents insurance protects your furniture and possessions against loss or damage due to an extensive range of events.

Home and contents insurance

Home and contents insurance
Combining all the cover of the two policies listed above, a home and contents insurance policy provides a high level of protection for your building and possessions.

How much does home insurance cost in Victoria?

Home insurance premiums will differ between homes. So while we can't give you an exact number, we got a bunch of quotes so you can have an idea.

The table below shows how different insurers will charge different premiums. This is why it's so important to compare.

  • Building & Contents. For a building worth $500,000 and contents valued at $100,000.
  • Contents only. For contents valued at $100,000.
  • Building only. For a building worth $500,000.
BrandBuilding & ContentsContents onlyBuilding onlyApply
Budget direct logo$133.29$39.51$122.78Get quote
GIO Logo$142.08$38.78$128.37More info
Suncorp logo$147.78$30.51$117.26More info
Virgin money logo$134.53$39.77$124.09More info
Westpac logo$145.72$54.27$107.61More info
Coles Insurance logo$214.79$75.48$187.11More info
St. george logo$145.72$54.27$107.61More info
ING logo$134.55$39.75$123.99More info
Domain insure$110.57$22.41$91.71
Everyday Insurance$189.15$47.31$165.48Get quote
Real insurance logo$179.76$44.88$157.36More info
Picture not described$87.37$70.64$72.42More info
Huddle home insurance$177.00$45.00$151.00More info
Qantas Life Insurance Logo$151.32$44.13$138.85Get quote
Australian seniors$157.75$40.01$140.27Get quote
Picture not described$100.12$25.73$86.77Get quote
Learn more about our methodology
  • Quotes were obtained for the same 3-bedroom home in Eltham, Victoria owned by a family of two.
  • Building replacement costs for all quotes were $500,000, with an excess of $500.
  • Contents were valued at $100,000.
  • Quotes were obtained in November 2021 and were for a combined home and contents insurance policy, a contents insurance policy and a building insurance policy.
  • Home owning family of two who moved into their property in 2019.
  • Three bedroom, 1 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.

What insurers can I access in Victoria?

Most home insurance providers are not state specific and provide cover for homes all around Australia. finder.com.au’s panel of home insurers features some of Australia’s leading home insurance providers that offer cover in Victoria:

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

Before you choose a home insurance policy, make sure you’re aware of any general exclusions that apply. The following are some common home insurance exclusions:

  • No cover if your home is used for illegal or criminal activity.
  • No cover if you leave your home for an extended period of time, such as 60 continuous days.
  • No cover if you fail to maintain your home in good condition.
  • No cover for bushfires within 72 hours of cover starting.
  • No cover if you fail to take reasonable steps to secure your home.

Finally, when you do take out home and contents insurance in Victoria, make sure you’re aware that a 10% duty charge will be included in your premium. An additional Fire Services Levy used to apply to all policies, but this was scrapped in July 2013.

Why you can trust Finder's home insurance experts

free

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.
expert advice

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.
independent

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.
help

We're here to help

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.
* 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.

Get the latest home insurance news

Bushfires: Do you have the right insurance and survival plan for summer?
Home Insurance

Bushfires: Do you have the right insurance and survival plan for summer?

Are you ready for this summer's bushfire season?

Read more…
Hikes to home insurance: 63% of customers say their premiums have gone up
Home Insurance

Hikes to home insurance: 63% of customers say their premiums have gone up

Millions of Aussies are being forced to pay more for their home and contents insurance, according to new research by Finder.

Read more…
Finder’s 2022 home insurance award winners revealed
Home Insurance

Finder’s 2022 home insurance award winners revealed

Find out the winners of Finder's first-ever home insurance awards.

Read more…

More guides on Finder

  • Bushfire Statistics Australia

    Stats and facts on bushfires in Australia.

  • Home insurance WA

    Learn about the unique risks that Western Australia faces and how to get home insurance that is right for your circumstances.

  • Flood insurance

    Most home insurers automatically cover floods but make sure you take out cover at least 72 hours before an event.

  • Honey home insurance review

    Honey home insurance is a startup that's doing things a little differently.

  • Laptop insurance

    Here are several contents insurance options that will protect your laptop anywhere you take it.

  • Home fire insurance

    Fire insurance will help you replace your home and everything in it if you lose it all to fire.

  • How much does home insurance cost in Australia?

    Discover what impacts the cost of home insurance and how to get the right protection with this handy guide.

  • Home insurance WA

    Learn about the unique risks that Western Australia faces and how to get home insurance that is right for your circumstances.

  • Bushfire insurance

    Compare policies that cover bushfires, including smoke damage and accommodation due to evacuation.

  • Storm damage insurance

    Protect your home against storm, flood and rainwater damage with the help of this comprehensive guide.

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site