Honey home insurance includes smart sensors to help detect and minimise common household risks.
The average Honey policy costs $1,924 which is about 8% less than the national average.
Guest contents are covered up to $500 a lower limit compared to some other providers.
Our verdict
Pros
Honey's home sensors help detect fire, water, damage and theft to minimise risk
Up to $20,000 covered for your home office. We couldn't find a brand that offered more
Honey home insurance is around 8% cheaper than the national average, according to Finder research
Cons
Only $500 of guest contents is covered. Some brands cover up to $5,000
There's no cover to allow for environmental upgrades when replacing items
You'll have to pay extra to get cover for electrical burnout
How does Honey compare with other popular providers?
Price
As part of the Finder Awards, our insurance experts researched 45 home insurance brands and got over 400 quotes. This research showed the average cost of home insurance is $2,044, Honey was cheaper than average at $1,924. There are cheaper home insurance policies available including AAMI, QBE & Budget Direct, but keep in mind that the best home insurance for you may depend on more than just price.
Remember, your quote may look different as pricing is highly dependent on specific situations.
These products offer a balance between low pricing and more features.
7+
Great
Competitive products within their group.
5+
Standard
Usually these products would either have fewer benefits or higher pricing.
0+
Basic
Offering basic cover with limited features or higher pricing.
Finder Score - Home insurance
We crunch eligible home insurance products in Australia to see how they stack up. We rank over 50 products on 16 different features, including price. We end up with a single score out of 10 that helps you compare home insurance a bit faster. We assess home and contents, building only and contents only products individually.
We currently don't have that product, but here are others to consider:
Looking for other options? Check out these similar products.
How we picked these
What additional cover options are available?
Honey has a good range of additional cover options - more than many other brands. They can include:
Accidental damage - Protection if your home or contents are accidentally damaged. For example, spilled wine ruins your favourite rug.
Mobile phones - Loss or damage to your mobile phone while in Australia or New Zealand.
Individual items - Increase the insured limit of individual items, such as jewellery.
Small business - Get covered for loss or damage to equipment or stock associated with your small business.
Away from home - Insure specific items while you're out of the house, such as jewellery, cameras, or handbags.
Motor burnout - Loss or damage to electric motors or sealed units that are up to 10 years old and is caused by motor burnout.
Honey home insurance claims process
Honey home insurance has an online claims process, managed through its website. You'll need the email you used when buying insurance to start the process. If you're not sure, or need help, you can contact Honey on 137 137.
FAQs
Honey home insurance is underwritten by RACQ.
You can claim on your Honey home insurance policy online. If you need help, you can call 137 137.
Yes, Honey home insurance covers flood damage as standard.
Nicola Middlemiss is a journalist with nearly a decade of experience in personal finance and insurance. She has contributed to Domain, Yahoo Finance, Money Magazine and Insurance Business Australia, offering in-depth insights into commercial insurance in the Australian market. Nicola holds a Bachelor’s degree in English from the University of Leeds and a Tier 1 General Insurance (General Advice) certification, which complies with ASIC standards.
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Hi, I am wondering if rooftop (colorbond) leakage is included in your “escape of liquid” clause. Thanks.
Finder
CeydaOctober 22, 2025Finder
Hi Jake,
Looks like you’re trying to get in touch with Honey Insurance. For general enquiries about policy coverage, you call their general enquires line at 137 137. I hope this helps.
Ceyda
Finder
SarahJune 27, 2024Finder
Hi Don,
We’re a review and comparison site, we’re not affiliated with Honey directly. You can get in touch with them re: your questions on 137 137.
A home insurance calculator can give you a rough estimate on the value of your home and contents. But is that what you really want? Find out how to not underinsure or overinsure your home.
What you need to know about finding the best home insurance for you. Compare policies and learn what questions to ask when researching insurance policies.
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Hi, I am wondering if rooftop (colorbond) leakage is included in your “escape of liquid” clause. Thanks.
Hi Jake,
Looks like you’re trying to get in touch with Honey Insurance. For general enquiries about policy coverage, you call their general enquires line at 137 137. I hope this helps.
Ceyda
Hi Don,
We’re a review and comparison site, we’re not affiliated with Honey directly. You can get in touch with them re: your questions on 137 137.