Best home insurance

We’ve scored policies based on popularity, customer service and perks to help you find the best home insurance in Australia.

Top pick:
Most Popular
  • Fire, storm & theft cover
  • High customer satisfaction & few complaints
  • One of the cheapest insurers on the market
Top pick:
  • Discounts for Seniors Card Holders
  • Discounts for seniors over 50yrs
  • Contact over the phone or online
Top pick:
Green Company
Green Company
  • Winner of Finder Green Award in 2020 + 2021
  • Environmental upgrades for contents and building
  • Sourcing its energy from renewable sources
Top pick:
  • Earn Qantas Points when you sign up
  • Earn 1 Qantas points for every $1 of premiums
  • Combined discounts available
Top pick:
Customer Service
  • Fast claims process
  • Australia-based support team
  • Quick and easy to use app

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Best home insurance in May 2022

How we chose these policies

Our best home insurance top picks were chosen based on factors including price, features and inclusions. We looked at 17 home insurance brands, analysed over 30 benefits and used the Finder value ranking algorithm to see which policies came out on top. Remember, there's no single 'best' home insurance policy that suits everyone, because we each have different budgets and priorities for the things we want to protect.

What we like about Budget Direct:

  • It's the most popular insurer on Finder – it had more clicks than any of our partners between November to March 2022.
  • It has a high customer review rating on Finder (4.1 out of 5) and received fewer complaints to the AFCA than other similarly-sized insurers.
  • It's one of the cheapest policies available in Australia, according to our research, and you get 30% off your premiums for the first year.

Top green pick: QBE

What we like about QBE:

  • It was our Green Insurer of the Year in 2020 and 2021.
  • It will replace your damaged or destroyed home and items with eco-friendly upgrades.
  • It's sourcing more than 60% of its electricity from renewable sources.

Top pick for perks: Qantas

What we like about Qantas:

  • You earn up to 20,000 Qantas Points when you sign up.
  • You earn 1 point for every $1 you spend on your premium.
  • Earn more points for keeping your house in order on the Qantas Wellbeing App.

Top pick for customer service: Huddle

What we like about Huddle:

  • Huddle uses smart AI to handle your claims.
  • In some cases, claims can be processed and a voucher issued on the Huddle app in a matter of minutes.
  • The Australia-based support team can organise repairs soon after you make a claim for an assessment.

Top pick for seniors: Australian Seniors

What we like about Australian Seniors:

  • You can get up to 30% off your premiums if you're over 50 years old.
  • Discounts apply for people over 50 years and Seniors Card holders.
  • You can sign up and claim over the phone or online.

Editor's top home insurance picks for May 2022

In addition to our best home insurance picks, the editorial team has selected a couple of other options we feel represent good value and are good worth calling out.
These home insurance policies were picked by Finder insurance writer Gary Hunter on March 8, 2022.

Good for avoiding underinsurance: ANZ home insurance

What we like about ANZ: We like ANZ because it's solving Australia's underinsurance problem. According to the last survey done by the ICA, around 80% of homes in Australia are underinsured. ANZ is the only brand to include full building replacement as a standard feature across all home and landlord building insurance products. This means if your home is destroyed, it will cover the entire rebuilding costs.

With the majority of insurers, you need to estimate how much your home would cost to rebuild (the sum insured) and you're sometimes offered what's called a sum insured safeguard. This is a safety net that provides additional cover on top of your sum insured if your home is destroyed. However, even with a safeguard in place, it's very difficult to estimate how much your home is worth.

Finder verified
Finder Verified
ANZ is the only brand to include full building replacement as a standard feature across all of its home and landlord insurance products.

Good for accident prevention: Honey home insurance

What we like about Honey: We like Honey because it's one of the few insurers that invests in you. The insurance tech startup gives customers $250 worth of smart sensors when they take out a policy. The sensors detect household accidents in the home – like water leaks, fires and theft – and alerts you via its app. You can get up to 8% off your premiums every year if you use them too – not just for the first year – making them a good choice for anyone tired of their insurance premiums going up substantially every year.

Want to compare for yourself? Find the best home insurance for you

Tip: You can request a quote from more than one insurer. In fact, that's the best way to save money. Review benefits, request quotes and compare prices.

Name Product Building Cover Contents Cover Fire, Storm & Theft Damage Sum Insured Safeguard Online Discount Cheapest way to pay
Budget Direct Home & Contents Insurance
Save 30% on your first year's premium when you purchase a new combined Home & Contents insurance policy online. T&Cs apply.
Youi Building and Contents Insurance
Get a 20% discount on your contents insurance if you have a car insurance policy with Youi. Excludes NSW & SA CTP green slips. T&Cs apply.
Qantas Home and Contents Insurance
Earn up to 20,000 Qantas Points when you apply. Points awarded will be based on your premium. T&Cs & exclusions apply.
Honey Home & Contents Insurance
Monthly or Annually
Seniors Top Home & Contents Insurance
Buy online and save up to 30% on a new home and contents insurance policy. T&Cs apply.
ANZ Home & Contents Insurance
Monthly or Annually
The only direct Australian home insurance provider to offer full building replacement cover as a standard feature.

Compare up to 4 providers

Find some of the best home insurance deals in May 2022

Hopefully by now you've figured out the best policy for you. Now see what offers are available to sweeten the deal.


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.

Buy online and save up to 30% on a home & contents policy with Australian Seniors

Offer applies to new policies bought online. Discount is made up of a 10% online discount for the first year, 10% for buying a combined policy and a further 10% if you hold a Seniors Card or 5% for non-card holders over the age of 50. T&Cs apply.

Earn up to 20,000 Qantas Points with Qantas Home Insurance

Earn up to 20,000 Qantas Points for joining. Points based on your premium after 60 days. T&Cs, eligibility & exclusions apply.

What are the best home insurance companies?

It's really hard to say which is the best home insurance company without knowing a bit about you. So here's a bunch of home insurance companies that we've researched and reviewed. Hopefully this can help you.

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

Compare some of the best home insurance policies in a few clicks

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2 Responses

  1. Default Gravatar
    MahendraFebruary 19, 2019

    Does the cost of land included in home value to be insured?

    • Avatarfinder Customer Care
      JhezFebruary 20, 2019Staff

      Hi Mahendra,

      Thank you for your comment.

      Only the cost of the property’s structure and its associated systems, fixtures, and finishes will be included in the estimate. The land value is included in a home’s market value but it’s not be included in the amount of insurance you buy.

      Please make sure to read the eligibility criteria, features and details of the policy, as well as the relevant Product Disclosure Statement PDS/T&C’s of the policy before making a decision and consider whether the product is right for you. If necessary, speak to the insurance brand to verify any details.


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