Cost comparison of over 40 brands found Ozicare was among the cheapest
Research showed the average annual Ozicare home insurance policy was almost $1,000 less than nationwide average
Choose to add optional underinsurance protection - a benefit not offered by all brands.
Cons
Only $5,000 is covered as standard for jewellery - the national average is over $6,000 and some brands offer over $10,000 including Bupa and Guild.
There's no cover for storm surge or environmental upgrades, widely offered elsewhere.
Many benefits are optional, so if you want a more comprehensive policy, expect your premium to go up.
How does Ozicare compare with other popular providers?
Price
Cost research into over 40 home insurance brands found that Ozicare was among the cheapest. Only three brands - AAMI, Budget Direct and Virgin - offered cheaper cover. The average annual home insurance policy quote was around $2,780 while Ozicare's was almost $1,000 cheaper at $1,836.
However, remember your quote could be significantly different, as pricing is based on the specific details of your home and its contents
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.
Ozicare offers lots of optional covers to increase the strength and span of your policy. They include:
Unspecified personal effects: Cover for personal items that you or family members might take with you away from home.
Specified personal effects: Cover for higher value personal items that are taken with you away from home.
Motor burnout: Loss or damage to electric motors, including food spoilage if you have contents insurance.
Commercial storage: For content insurance holders who want to store some belongings away from home.
Flood: Flood is not automatically covered but you can apply for optional cover if you wish.
Accidental damage: Protection for accidents, and cover for scorching, melting, smoke, or soot that isn't covered under fire.
Landlord cover: Options for tenant default and theft and malicious damage.
Sum insured safeguard: An increase of your home insurance sum insured by up to 25%.
How to make a claim
To make a claim on your Ozicare home insurance policy, call 1800 064 985.
Ozicare home insurance complaints information
Ozicare home insurance is provided by Auto & General Insurance Company. In the 2023-2024 financial year, the Australian Financial Complaints Authority (AFCA) received 678 complaints in relation to Auto & General's home building insurance and 133 in relation to its home contents insurance. These numbers are higher than many other insurers of its size.
FAQs
Ozicare home insurance is underwritten by Auto & General Insurance Company.
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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