Compare Home Insurance

Frequently asked questions

• What is the difference between building and contents cover?

  Building cover insures the physical dwelling and permanent fixtures. Contents cover insures your belongings inside the home. Combined policies are common, but renters typically need contents-only while owners may need both — compare the mix that matches your situation.

• How much should I insure my home for?

  Insure for the cost to rebuild the home and replace contents at today’s prices — not the market value of land. Underinsurance leaves you paying a large share of any claim. Use reputable rebuilding calculators and update sums insured after renovations.

• What is an accidental damage vs defined events policy?

  Defined events policies list insured causes such as fire, storm, and theft. Accidental damage broadens cover to sudden unintended physical loss in many day-to-day situations, subject to exclusions. Broader cover usually costs more — compare both the scope and the premium.

• Do I need landlord insurance if I rent out my property?

  Standard home policies may exclude or limit short-term letting and tenant-related losses. Landlord products can cover rental default, malicious damage, and liability in line with the PDS. Compare a landlord-specific policy if you lease the property.

• What affects home insurance premiums in Australia?

  Location risk (flood, cyclone, bushfire), building materials, security, claims history, excess, and optional covers all influence price. Insurers also change appetite by region over time — shopping around at renewal often improves value.

• Should I read the PDS before switching insurers?

  Yes. Compare limits on jewellery, portable items, flood, and motor burnout, not just the headline premium. The PDS and any supplementary PDS set out what is covered, excluded, and sub-limited.