Want to save some serious cash?
We did some research and found that you can save up to $1,653 just by comparing quotes of your home and contents insurance policy.
We currently don't have that product, but here are others to consider:
How we picked thesePut simply, home and contents insurance covers the cost of damage or replacement to both your home and what's inside. Home and contents is the combination of the 2 types of home insurance you're likely to need.
Home and contents insurance is a pretty comprehensive product, so not everyone will need the whole package. Here are the main categories of home and/or contents insurance buyers that we tend to see:
Based on our research, the cheapest home and contents insurance policy was $118. This premium was based on a home in New South Wales with contents worth $100,000.
While this is the cheapest price based on our quotes, it's probably going to be different for your home.
Prices are completely dependent on the value of your home and your stuff. The research below can help you compare between brands and show the difference in price when paying monthly versus annually.
To find out more, you can also head to our guide on average home insurance costs for a state-by-state breakdown.
We did some research and found that you can save up to $1,653 just by comparing quotes of your home and contents insurance policy.
If you're an owner-occupier, getting home and contents cover is really a no-brainer. You've probably sacrificed a lot to save up a deposit and pay down your mortgage, so why would you risk losing it all? Here's why it's worth every cent.
A home and contents insurance policy will generally cover events that could lead to your financial loss. You can find these events in your product disclosure statement (PDS), but they usually include events like fires, storms, theft and vandalism.
Here are some examples where the right home and contents insurance policy can cover you.
You definitely can. Most home insurers will offer optional add-ons during the application process so you can get the most tailored policy to your needs.
Common add-ons include:
All insurance policies will have general exclusions but they might not be the same. That's why it's important to check over your PDS to make sure you understand what is and what isn't covered under your home and contents insurance policy.
General exclusions can vary between insurers, but here are some common ones.
Many of the individual benefit categories (flood, fire, theft, etc) will have their own individual exclusions, so make sure you're fully across those as they apply to your specific policy.
It's important that you're happy with your home and contents insurance, and that means being happy with the price too.
Here are our tips on how to save money on a policy:
We currently don't have that product, but here are others to consider:
How we picked theseWe hate to be the bearers of bad news but according to the Insurance Council of Australia, 83% of Aussies don't have enough insurance cover for their combined home and contents. This is known as underinsurance and it can be almost as bad as not having insurance at all.
Let's say your home and everything in it was worth $2 million and a fire destroyed it all. Having your stuff insured for half that would help, but you'd still be reeling.
Here are some tips to help you avoid this fate:
Making a claim is usually straightforward. Here's what you need to do:
Finder Score is one way we try to make getting home insurance a little bit easier.
Finder Score, designed by our insights team, analyses over 50 products for 16 different features, including price. At the end of the process, each product gets a score out of 10, with higher scores indicative of competitive products.
Remember that Finder Score is just one factor to consider - one brick in your house if you will. You'll want to look at other aspects like excess, specific features, insurable events and the other fine print you'll find in the PDS of every product we compare. Double-check details that matter to you before applying or buying.
Australian Unity has a strong complaints record and competitive benefits, but it’s lacking in underinsurance protection which is a popular feature offered by many other brands.
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i want home contents insurance for a $213000 cover $200 excess villa north nowra nsw 2541no prior claims
Hi Garry,
You’ll need to collect some quotes to see which providers can offer you cover and what policy best suits your needs. Have a look through the different features and once you’re ready, click ‘Get Quote’. You’ll be prompted to answer some questions on the provider’s site and then you’ll get a quote.
Hope this helps.
Who covers home and contents landslip insurance
Hi Monique, Unfortunately, most insurers won’t cover damage as a result of a landslip.
Who insures homes in over 55 villages?
Hi Dave,
APIA and MHIA are insurers that can provide insurance for over 55 markets.
Hope this helps!
If you have an existing home and contents policy and you want to cancel the home policy and just keep the contents side of the policy, if you’re moving house, can this be done? Isn’t it breaking a policy contract?
Hi Paul,
Thank you for getting in touch with finder.
I suggest that you contact your insurer on this matter as they may provide you a more accurate info on changing your cover or level of cover.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
Can you tell me of insurance companies that handle Strata building insurance. Thanks
Hi Ken,
Thanks for reaching out.
If you live in strata such as an apartment block, your body corporate will have their own strata insurance that generally provides cover for your building, parking, and other shared areas. In most cases, you will be required to pay strata fees. Strata do not cover you for interior fixings, so most homeowners with a strata-titled property will also take out a contents-only policy. Alternatively, you may speak with a mortgage broker for you to get specialised advise.
Cheers,
Joanne