Table of Content
- What does home insurance cover?
- Looking for home insurance in NSW? Compare policies and get cover for things like fire, flood and fallen trees.
- Pay monthly at no extra cost5
- NAB Home and Contents Insurance
- How was your visit to the NAB website?
- How much does home insurance cost in NSW?
- NSW Home Insurance
- Most Satisfied Customers
We value our editorial independence and follow editorial guidelines. Also referred to as building or building-only insurance, covers your physical buildings against loss or damage. When you’re ready, you can then click on the “Get a quote” button. You’ll be taken to the website of your selected insurer, where you can get a quote or ask the provider any questions you may have. Most home insurers Finder works with automatically cover flood damage.
Covers the cost of loss or damage to both your home building and home contents. Sum insured is riskier because there's a chance you won't value the home properly. For example, if your sum insured is $1,500,000 but your home ends up costing $1,800,000 to rebuild, you'll have to pay the $300,000 yourself.
What does home insurance cover?
Covers the cost of loss or damage to the physical structures that make up your home buildings, from the house itself, to your garage, fences, sheds, and more. It takes a lot of time and hard work to purchase a property, and many of us spend a large portion of our lives paying that property off. That’s why it’s so important to consider whether home insurance is right for you and your circumstances. We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Home and contents insurance is a combined policy that includes features of both home insurance and contents insurance. Combined policies of home and contents insurance may be available through particular insurers. Some insurers even offer discounted policies for homeowners interested in purchasing both home and contents insurance under one premium. Home insurance generally covers the cost of rebuilding or repairing your home. This includes the bricks and mortar, roof and other structures on your property, such as sheds and garages.
Looking for home insurance in NSW? Compare policies and get cover for things like fire, flood and fallen trees.
If you’re altering the security on your property, you should inform us as soon as reasonably possible as it may change the conditions of your Home Insurance. Unless we state otherwise in the PDS, you’ll need to pay an excess as a contribution toward your claim when you make a claim under the policy. If you’re buying Home Insurance, combine your Building and Contents Insurance on the one policy and save up to 10%1,3. Your premium will depend on a number of factors, and can change each year when you renew your policy.
We gathered over 200 quotes from 16 different insurers and found that the average cost of home insurance in Australia is $143 a month. However, this is going to vary based on your own living situation. Get free smart sensors (valued at $250) to install around your home when you sign up for a combined home and contents policy.
Pay monthly at no extra cost5
It comes with all the bells and whistles, plus it's the only insurer to offer full building replacement if yours is destroyed. Our team of experts researched 68 home insurance policies and selected 2 Finder Award winners based on value and comprehensiveness. Neither NAB, nor any of its related bodies corporate, accepts liability or guarantees payment of any claim or benefit in respect of this insurance. A policy does not represent a deposit with, or a liability of, nor is guaranteed by either NAB or any of its related bodies corporate. Allianz Australia Insurance Limited is the insurer and issuer of this insurance. Allianz has entered into a distribution arrangement with National Australia Bank Limited .
This means you don't have to specifically list your portable item. However, this option doesn't cover items such as laptops, tablets, mobile phones and other wearable technology which need to be covered under Listed Portable Contents. Covers the cost of repairing or replacing your belongings kept at your rented home, such as your furniture, electrical appliances, clothing, linen, kitchen items, and more. In New South Wales, your Home and Contents Insurance can differ in cost depending on the market value of your home and the value of your possessions.
After each claim-free year, the No Claim Bonus discount applied to your renewal premium will be increased by 10%, to a maximum of 30%. However, for every claim you make in a year, the No Claim Bonus applied to your renewal premium will be reduced by 10% to a minimum of 0%. To see some of the events covered and not covered by our Home Insurance, refer to our Key Fact Sheets . This option allows you to select a per item limit and per claim limit, e.g. up to $2,000 per item and $7,500 per claim.
Living in an area prone to severe storms or a suburb with high break-in rates could drive premiums up. Our guide to Home and Contents Insurance SA has a list of insurance providers that could help you. The table above has a list of insurance providers you can review and compare based on your needs. You can refine your search by ticking the filters that show on the left side of the table.
The levy is collected via insurance policies – not just those issued by Budget Direct, but by other providers too. This is a summary of only some of the features and benefits available on Allianz Home Insurance and Allianz Landlord Insurance. Before deciding on a policy, read the relevant Product Disclosure Statement and Supplementary PDS which set out the standard terms, conditions, limits and exclusions.
For full details of the standard conditions and exclusions, refer to the relevant PDS and any supplementary PDS . Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria. Sum insured is usually cheaper than total replacement value because there's a chance you've undervalued your home.
Similar to home and contents insurance, contents insurance provides a level of financial protection against damage, theft or loss of personal possessions. Contents insurance can cover the financial cost of repairing or replacing your personal or household possessions and furnishings. You may also be able to arrange protection if certain items are lost, stolen or damaged outside of your home. QBE’s home insurance policies provide cover for loss of, or damage to your building and/or contents caused by events like fire, theft, flood and more. You can upgrade Home Insurance or Contents Insurance to include accidental damage cover for an extra premium. Accidental damage cover is already included in QBE Landlord Insurance.
Building replacement costs for all quotes were $500,000 and $1,000,000, with an excess of $500. NSW residents may also be exposed to a number of specific risks and it’s important to make sure you’ll be covered before taking out a policy. A freak storm, a burst pipe, opportunistic thieves – accidents and unexpected events can happen at any time. But while there’s no way to predict the future, home insurance can protect you against any nasty surprises. Is your home in a bushfire-prone area or one where burglary is common? The higher the risk of damage or loss, the more expensive your home insurance will be.
NSW Home Insurance
Use our online quote form or simply give us a call to get your quote today. If the spoilage is due to a natural disaster , up to $500, nil excess applies. Credit Cards Get more value with Credit Card rewards, extras and discounts. "We have had a couple of small claims with Woolies Insurance, their professionalism and helpfulness were awesome. Dealing with them via phone was a breeze." "Great experience from Day 1 setting up the policies and have appreciated the pro-active communications such as weather alerts that have helped us prevent incidents."
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