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Budget Direct is one of Australia's biggest insurance brands, underwritten by Auto & General Insurance. Budget Direct's home insurance policy earned itself a place in Finder's Top Picks for flexibility by offering loads of optional extras.
This means you can get a policy that's tailored to your home and not pay for benefits that you don't need.
Still not sure which policy to choose? Review policy benefits of the 3 policy types and see which ones are most important to you and your home.
Benefit | Home & Contents | Home Insurance | Contents Insurance |
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Accidental breakage of glass, ceramic & sanitary fixtures |
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Contents while moving address |
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Debris removal and extra costs of rebuilding |
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Earthquake cover |
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Escape Of liquid |
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Explosion cover |
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Fire cover |
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Funeral expenses up to $7,000 |
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Impact cover |
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Lightning cover |
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Lump sum or instalment payments |
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Malicious damage, vandalism, riot or civil commotion |
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Mortgage discharge costs |
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Open air contents cover - contents in the open at the insured address |
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Replacement of locks up to $1,000 |
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Storm & rainwater damage |
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Temporary accommodation costs |
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Theft or attempted theft |
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Unattached equipment cover up to $500 |
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Uninsured guests' contents cover up to $500 |
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Up to $20 million legal liability cover |
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Optional Benefit | |||
Accidental damage cover |
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Commercial Storage |
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Landlord - tenant default cover |
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Landlord - theft and malicious damage by tenant cover |
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Motor burnout cover |
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Personal effects cover |
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Sum insured safeguard |
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Flood cover |
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Your Budget Direct Home Insurance claim will not be paid if:
A number of factors can influence the cost of your Budget Direct Home Insurance premium, including:
In the insurance world, an excess is the amount you have to pay to contribute towards the cost of a claim. Depending on the cover you have in place, one or more excesses may apply to your Budget Direct Home Insurance policy. For example, you may have selected a higher excess in order to reduce your premium. In any case, the excesses that apply to your individual policy will be listed on your certificate of insurance.
If your home or contents suffer loss or damage, or if an incident occurs which may lead to a claim, there are certain steps you will need to follow. First, take all reasonable steps to prevent any further loss or damage occurring. Any incidents involving theft or malicious damage should also be reported to the police.
Next, contact the underwriter as soon as possible to provide the full details of your claim. If asked, you’ll need to provide evidence of the value or your ownership of the items or property that have been lost, stolen or damaged. You’ll need to give the underwriter the opportunity to inspect the damaged goods or property and will have to supply any other information or documentation they request in order to process your claim.
You can call them on 1800 069 336 for more information on how to make a claim.
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Is accidental damage caused by flooding covered? ( Such as from forgetting bath taps on)?
Hi Anna,
Thanks for contacting Finder.
No, Flood is not included on any of Budget Direct’s policies but you may have it added as it is one of their optional benefit. Also, each of their policy has an ‘Escape of liquid’ which will cover the damages caused by burst or leaking water pipes and overflowing sinks, basins, baths and appliances.
I hope this helps.
Cheers,
Ash
Do you offer renters insurance for a situation where I share my house with tenants?
Hi Louise,
Thank you for getting in touch with Finder.
Insurers like Budget Direct offer renter’s insurance for shared accommodation.
You may see other brands that offer this type of home insurance from the link above. You can press the “Get a quote” button to compare quotes from different insurers.
I hope this helps.
Please feel free to reach out to us if you have any other enquiries.
Thank you and have a wonderful day!
Cheers,
Jeni
Dear sir/madam,
I am looking to insure a family home that was built in 2000, in Sunshine West, Vic, 3020. I have been insured with API Insurance for the last 10 years and have not claimed for anything for over 10 years. Recently APIA increased the premium to $55 a month, I decided to look for a home insurance at a cheaper rate with any suitable insurance agent.
Your help in recommending a cheaper and reasonable home insurer is appreciated.
With kind regards,
G. Seifu
Hi G,
Thanks for your message and for visiting Finder.
Ideally, it’s good to continue with the insurance company you are currently with since you’ve been with them since 2000. To understand why your home insurance has become more expensive, you may want to refer to our guide on home insurance cost across Australia. The page also provides tips to reduce your house insurance cost.
If you are decided to change providers, you may compare your options from our list of cheap home insurance. On the page is a comparison table you can use to see which insurer suits you. You can start comparing quotes between insurers by clicking on the “Get a quote” button.
As a gentle reminder, please ensure you review the relevant Product Disclosure Statements/Terms and Conditions before purchasing a policy.
Hope this helps! Feel free to message us anytime should you have further questions.
Regards,
Nikki
I looking a home insurance
Hi Faiyaz,
Thanks for getting in touch with finder. As I read, you mentioned that you are looking for a home insurance. Would you mind letting us know exactly how we can help you further?
Thank you.
Cheers,
Jeni
i simply want to buy landlord insurance with content $30,000. The insurance must strongly protect if lost rent payment by tenant. Because i have already have insurance with RACV building and content. The property will be renting out on 23/9/2017
Hey Joyce,
Thank you for reaching out to us.
You may compare your options from our list of Landlord Insurance. On the page, is a comparison table you can use to see which insurer suits you. Once you’ve chosen an insurer, you may click on “Go to site” to be directed to their page where you can start your request for a quote.
Before applying, please ensure that you review the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
I hope this helps.
Best,
Maria
Can I have your contact number I would like to speak to a consultant
Hi Barbara,
Thanks for getting in touch. If you would like to reach Budget Direct you can call them on 1800 182 310.
All the best,
Richard
does a claim on optional extras count on your having made a claim in the last 5 years
Hi Colin,
Thanks for your question. finder.com.au is a comparison service and not an insurer. According to the Budget Direct website:
“You will not lose your No Claims Discount on renewal if:
For other claims, Budget Direct will reduce your NCD on renewal by 2 years for each claim, and your insurance cost may increase accordingly.”
I hope this was helpful,
Richard