Honey home insurance review

Honey home insurance offers mid-priced coverage at a good range of benefits. It also gives smart sensors to customers, to help minimise risk.

No reviews yet. Write a review

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

Price

As part of our 2024 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.

ProviderAverage costApply
Honey$1,923.90
$1,241.44
AAMI Logo$1,125.97
NRMA logo$831.86

Methodology

Compare Honey's home insurance policies?

Finder Score Building Cover Contents Cover Sum Insured Safeguard
Finder score
Get $250 worth of smart sensors with a combined policy. T&Cs apply.
Our verdict: This policy is ideal for customers looking for reasonably priced coverage across a range of categories.
Get a quote More info
Compare product selection
Honey Home Insurance logo
Finder score
Finder score
Our verdict: A great option for renters or property owners seeking mid-tier coverage for their personal belongings.
Get a quote More info
Compare product selection
Honey Home Insurance logo
Finder score
Finder score
Get $250 worth of smart sensors when you buy a home insurance policy. T&Cs apply.
Our verdict: Ideal for property owners seeking budget-friendly and fair coverage on their building only.
Get a quote More info
Compare product selection
loading

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.

Read the full methodology

1 of 1 result
Name

Receive $250 worth of smart sensors with Honey Home Insurance

Get free smart sensors (valued at $250) to install around your home when you sign up for a combined home and contents policy. T&Cs apply.

loading
Showing 1 of 1 result
Finder Awards badge

Congratulations, Honey!

Honey received highly commended award for 'Insurance Innovation' in the 2023 Innovation Awards.

Full list of 2023 winners

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.

Honey home insurance complaints information

Honey home insurance is provided by RACQ. In the last financial year, the Australian Financial Complaints Authority (AFCA) received 363 complaints about RACQ's home and contents insurance 93 of those were resolved at registration and referral, 270 progressed to case management and 712 of those were closed at case management.

FAQs

Sources

Nicola Middlemiss's headshot
Journalist

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. See full bio

Nicola's expertise
Nicola has written 257 Finder guides across topics including:
  • Personal finance
  • Personal insurance, including car, health, home, life, pet and travel insurance
  • Commercial business insurance

Get rewarded $$ for switching with Finder Rewards

Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

3 Responses

    Default Gravatar
    JakeOctober 20, 2025

    Hi, I am wondering if rooftop (colorbond) leakage is included in your “escape of liquid” clause. Thanks.

      Ceyda Erem's headshotFinder
      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

    Sarah Megginson's headshotFinder
    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.

More guides on Finder

  • Home Insurance Excess Australia

    Confused about home insurance excess in Australia works? We’ll share how it works and how you can use it to lower the cost of your premium.

  • Home insurance for water damage

    Find out how home insurance can cover water damage and how to avoid some of the pitfalls. 

  • How to cancel your home insurance

    Cancelling your home insurance is actually quite simple and you can do it at any time.

  • Kogan home insurance review

    How does Kogan home insurance compare? See how it works, and some of the fine print to look out for.

  • Motor burnout insurance

    Motor burnout covers those big appliances in your home in the event that they let you down. This article will show you what it is, why it's important and how much it can cost you.

  • Bank of Melbourne home insurance

    Review of Bank of Melbourne Home Insurance.

  • BankSA Home Insurance

    Get cover for things like storms, lightning, theft and malicious acts. Choose from 3 levels of cover: essential, quality and premier care.

  • Phone insurance – all you need to know

    With a variety of insurance options to protect your mobile phone, here's what you need to know.

  • Renters insurance

    Find out what renter's insurance is, what it covers and how to find the right policy for your needs.

  • Best home insurance Australia

    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.

Go to site