Home Insurance Comparison
Compare home and contents insurance options to find the best coverage for your Australian property.
Insurance Details
Home Insurance Tips for Australians
Understand Your Coverage Needs
Take inventory of your home and possessions to determine adequate coverage. Consider the cost to rebuild your home and replace all contents.
Know Your Risk Factors
Australian homes face unique risks based on location. Consider flood, bushfire, cyclone, and storm exposures that may affect your premium.
Balance Premium vs Excess
A higher excess typically means lower premiums but more out-of-pocket costs when claiming. Choose a balance that fits your financial situation.
Review Policy Exclusions
Insurance policies have specific exclusions. Understand what isn't covered to avoid surprises when making a claim.
Consider Underinsurance Risks
Many Australian homes are underinsured. Ensure your sum insured reflects current rebuild costs, which increase over time.
Regular Policy Reviews
Review your policy annually and after major home improvements or purchases to ensure your coverage remains adequate.
Australian Insurance Specifics
Flood Coverage: Since the 2011 Queensland floods, most insurers now offer flood cover, but it can significantly impact premiums in flood-prone areas.
Bushfire Protection: Properties in bushfire-prone areas face higher premiums. Implementing bushfire protection measures may help reduce costs.
Cyclone Risk: Northern Australian properties often face higher premiums due to cyclone risk. Some insurers offer specific cyclone cover with separate excesses.
Strata Insurance: Apartment owners should understand what's covered by strata insurance versus what requires personal contents insurance.
About This Comparison Tool
This tool provides a sample comparison of home and contents insurance options based on the information you provide. The estimates are calculated using industry averages and typical pricing factors to give you an idea of potential costs.
Please note that actual insurance quotes may vary based on the specific insurer's underwriting criteria, your claims history, and other factors not captured in this tool. We recommend contacting insurers directly for accurate quotes and to understand the specific inclusions, exclusions, and terms of their policies.
Remember that the cheapest policy may not always be the best choice for your needs. Consider coverage limits, exclusions, and customer service reputation when making your decision.