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Compare contents insurance

Contents insurance can protect your laptop, TV and sofa from things like fires, theft and accidental damage. Compare 5+ policies side-by-side and click through for quotes.

Budget Direct Contents Insurance

Get 15% off

Finder's Top Pick for Most Popular
  • Fire, storm & theft cover
  • Jewellery cover
  • Home office cover
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Discount applies to your first year's premium. Terms and conditions apply.
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1 - 8 of 10
Name Product Home Contents Cover Fire, Storm & Theft Damage Outdoor Contents Portable Contents Cover Accidental Damage to Home or Belongings Online Discount
Budget Direct Contents Insurance
Yes - $1,000
20% of your contents sum insured
Optional
Get 15% off your first year's premium when you buy a Budget Direct Contents insurance policy online. T&Cs apply.
Youi Contents Insurance
Yes - $2,500
20% of your contents sum insured
Optional
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.
Honey Contents Insurance
5% of your contents sum insured
Optional
Optional
Sign up and get free smart sensors (worth $250) to install around the home for accident prevention. T&Cs apply.
Bendigo Bank Contents Insurance
No
Contents cover includes a wide range of belongings such as furniture, jewellery, money and laptops.
Seniors Top Contents Insurance
Yes - $8,000
Optional
Buy online and save up to 20% on a new contents insurance policy. T&Cs apply.
ANZ Contents Insurance
Optional
Optional
Optional
Qantas Contents Insurance
Yes
Optional
Optional
Earn up to 20,000 Qantas Points when you sign up. Plus, you could win a $2,000 bp gift card just by getting a quote. T&Cs apply.
Woolworths Comprehensive Contents Insurance
$8,000
Optional
Save up to 10% when you buy a Woolworths Contents insurance policy online. Plus, Everyday Rewards Members will save 10% on their monthly shop. T&Cs apply.
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Compare up to 4 providers

What is contents insurance?

Contents insurance is a type of home insurance. It covers the items inside your home, such as your TV, furniture or art, without providing any cover for the actual building.

You can buy contents insurance as a standalone policy or bundle it with building insurance. Standalone policies are ideal for renters and are generally pretty affordable.

Usually, contents insurance is highly customisable. You may be able to add cover for items you take outside of the home as well as for high-value items.

What does contents insurance cover?

Most items within your home will be covered by your contents insurance. Although they vary slightly between insurance brands, the following are some common inclusions:

Many personal effects are also covered by home insurance, including the following:

  • Bicycles
  • Binoculars and telescopes
  • Clothing and accessories
  • Jewellery and medals
  • Musical instruments
  • Music systems and radios
  • Sporting equipment
  • Writing instruments
  • Baby capsules and prams
  • Children's toys
  • Cosmetics
  • Medical aids
  • Cameras, video equipment and accessories
  • Glasses, sunglasses and contact
  • Watches and clocks
  • Non-fabric camping equipment

When am I covered?

Contents insurance kicks in when your belongings are damaged in a specific way. These are called insured events. Take a look at the events below so you know when you'll be covered.

Insured eventExampleWatch out for
FireA bushfire or kitchen fire⚠️ Policies might not pay out for damage caused where there was heat but no flame. For example, smoke damage, scorching or melting.
Theft and attempted theftYour home is burgled⚠️ Your policy won't pay out if the theft was by someone who entered your home with your permission.
Storms and rainwaterSurface run-off water enters your home⚠️ Unless you have flood cover, you won't be covered for water damage that's due to a body of water breaking its banks.
Escape of liquidA pipe bursts⚠️ Contents insurance is unlikely to cover the cost of the item that caused the leak.
LightningLightning strikes your home⚠️ The damage must be caused by a direct lightning strike or thunderbolt
Malicious damageSomeone breaks into your home and vandalises it⚠️ Your policy won't pay out if the damage was by someone who entered your home with your permission.
ImpactA tree falls on your home or a car loses control and drives into it⚠️ You won't be covered if you authorised a tree to be cut down and then it falls on your home.
Earthquake or tsunamiA tsunami hits your waterfront home⚠️ The tsunami must be caused by an earthquake rather than by "actions of the sea".
Breakage of glass, ceramic and sanitary featuresA mirror breaks or the glass in a display cabinet breaks⚠️ Glass in TVs, tablets and mobile phones are generally not covered.
ExplosionYour water boiler explodes, destroying the furniture and belongings in the adjacent room.⚠️ Contents insurance is unlikely to cover the cost of the item that exploded.
The following insured events are usually optional extras:
FloodA nearby river breaks its banks, flooding your home⚠️ This is usually an optional extra. You may have to pay more money for this cover.
Accidental damageYou spill red wine on the carpet or your dog knocks over your TV.⚠️ You won't be covered for general wear and tear, including chips, scratches and dents.

How much does contents insurance cost?

We got quotes from 14 different home insurers and found that policies can start from $23 a month.

Picture not described

When you get a quote from an insurer, it will probably vary from these prices because it's entirely based on the value of your stuff. But at least you get an idea, right?

Here's the rest of the research so you can see how different insurers stack up against each other on a monthly and annual basis.

$20,000 of contents - Monthly price$20,000 of contents - Annual price$50,000 of contents - Monthly price$50,000 of contents - Annual priceGet a quote
St. george logo$44.88538.63$54.11$649.33More info
Picture not described$44.88538.63$54.11$649.33More info
Woolworths car insurance logo$39.18$419.75$44.57$477.54Get quote
Picture not described$19.94$191.08$25.91$250.81More info
Real insurance logo$37.26$399.16$42.39$454.10More info
Coles Insurance$31.80$307.22$40.09$394.33More info
Domain insure$24.65$281.70$25.88$295.78More info
GIO Logo$25.05$250.51$31.07$310.75More info
Picture not described$59.47$713.64$72.59$871.02Get quote
Budget Direct Logo$34.72$351.27$37.99$380.30Get quote
Picture not describedING Home Insurance Logo$33.31$336.05$35.69$360.82More info
Virginmoney logo$35.04$354.78$38.29$384.11More info
NRMA logo$39.19$413.23$44.68$479.08More info
Huddle home insurance$38$400$43$454More info
Qantas Life Insurance Logo$39.51$396.62$42.35$429.39Get quote
Australian Seniors Logo$33.12$354.80$37.68$403.66Get quote
Picture not described$32.81$354.29$35.16$379.76More info

We rounded all the quotes to the nearest dollar. The customer profile had no previous claims and a $500 excess.

Learn more about our methodology
  • Quotes were obtained for the same 3-bedroom New South Wales home in Baulkham Hills owned by a family of 2.
  • The homeowning family moved into their property in 2019.
  • Quotes were obtained in November 2021 and were for contents insurance only.
  • The house was a 3-bedroom, 1-story freestanding house on flat ground with brick veneer walls, terracotta tiled roof, no verandas and built in 1980.
  • Windows were secured by deadlocks, with no security devices.

Want to save hundreds of dollars?

For contents worth $50,000, we found a difference of $620.21 between the cheapest and most expensive policy. Want to start saving? Compare prices and switch policies.

How much contents insurance do I need?

That's a tough one. It really depends on how much stuff you have and how valuable it is. Here are some tips on getting an accurate estimate:

  • Go from room to room, listing and valuing every item
  • Take photos when you're doing this or collect receipts if possible
  • Use a contents insurance calculator online
  • If you still have concerns, consider using an expert
Remember: Contents insurance covers everything from simple cosmetics and toiletries to expensive furniture and artwork. Try not to overlook anything.

How can I get the most out of contents insurance?

Contents insurance comes with heaps of cool benefits. Some are included as standard, while others you can pick and choose. Take a look at some examples below.

House

Temporary accommodation

If your home is unliveable, your contents insurance will pay for emergency accommodation.

Milk

Food spoilage

Lots of policies will pay out if an insured event ruins the food in your home. For example, a burst pipe cuts the power and everything in your freezer is ruined.

No pets allowed

Vet's expenses

Some policies will pay a benefit if your pet suffers an injury – regardless of whether it happened inside the home or out.

Trolley

Specified items

Contents insurance sets a limit for the amount you can claim per item. If you have any high-value items, be sure to specify them.

How to save on contents insurance

For the level of protection you get, contents insurance is pretty affordable. But there are still ways to cut the cost of cover and score a serious bargain.

Shop around. We compared the cost of $50,000 worth of contents insurance and found a difference of $482 between the cheapest and most expensive policy.

Look for discounts. Insurance companies often run deals to attract new customers. You can usually get up to 15% off a new contents policy. Check them out here.

Bundle cover. Some insurance brands will reduce the cost of your premium if you have more than one type of cover. Consider bundling your car insurance to save more cash.

Pay annually. You'll usually get a discount if you pay annually rather than monthly. Some insurers will also give you a discount if you buy online rather than over the phone.

Raise your excess. Choosing a higher excess will reduce the cost of your premium, but make sure the excess is affordable. There's no point pricing yourself out when it comes to claim time.

Don't be shy. Ask the insurer if there's any way you can get a better deal. They might be able to tell you about an offer that's running or give you a price cut.

What isn't covered by contents insurance?

Contents insurance helps in heaps of different situations, but it won't cover everything. Here are some common exclusions to be aware of:

  • Actions of the sea, except tsunamis
  • Asbestos
  • Illegal activity
  • Defects and structural faults
  • Earth movement
Unpacking boxes in new home

Contents insurance for renters

Contents insurance covers most of your belongings kept inside the home. You don't need to insure the building since that's the landlord's responsibility.

It'll also cover some semi-permanent features – like air-con units, ovens and carpets – as long as you paid for them.

Check out our guide to renter's insurance for more information.

Home finances

Contents insurance for landlords

Landlord insurance covers both the fixtures and fittings inside your property, including built-in wardrobes, shelving units, ceiling fans and kitchen countertops.

You can also add cover for malicious damage and tenant default.

Check out our guide to landlord's insurance for more information.

Compare contents insurance deals for June 2022

You could save up to 15% on the price of your policy just by taking advantage of a sign-up offer.

Australian Seniors Home Insurance Deals
Deal

Buy online and save up to 20% on a contents insurance policy with Australian Seniors.

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

15% online discount on contents insurance

Save 15% on your first year's premium when you purchase cover online. T&Cs apply.
Qantas Home Insurance Deals
Deal

Win a $2,000 bp gift card with Qantas Contents Insurance

Expires 30 Jun 2022
Get a quote or sign up by 30 June 2022 for a chance to win one of 20 available gift cards. If you join, you can also earn up to 20,000 Qantas Points. Deal available on new enquiries only, and you must have a valid Qantas Frequent Flyer membership. T&Cs apply.
Bendigo Home Insurance Deal
Deal

Enter the draw to win $10,000 with Bendigo Bank Home Insurance

Expires 30 Jun 2022
Sign up to a new Contents insurance policy by 30 June 2022 and enter the draw. T&Cs apply.
Woolworths Home Insurance Deals
Deal

Save up to 10% on Woolworths Contents Insurance

Receive up to 10% when you purchase a Woolworths Contents policy online.
Youi Home Insurance Deals
Deal

Save 20% on contents insurance

Get a 20% discount on your contents insurance if you have a car insurance policy with Youi. Excludes NSW CTP green slips. T&Cs apply.

Other questions you might have about contents insurance

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    2 Responses

    1. Default Gravatar
      MelJanuary 4, 2022

      Hi are you able to help me find a insurance company that will insure home contents only that is stored in a shipping container on private block of land. Thanks

      • Avatarfinder Customer Care
        JamesJanuary 17, 2022Staff

        Hi Mel,

        You can compare home contents options in the table above. As your needs are quite specific, you may want to speak with a provider directly. Ask if they’ll be able to extend a policy so that your items would be covered in the shipping container.

        If they can’t offer you cover, you’ll need to look for specialist insurance.

        Regards,
        James

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