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.
Does the cost of land included in home value to be insured?
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.
Regards,
Jhezelyn