Understanding home insurance

    It’s true what they say - home is where the heart is. It’s a place we spend a lot of our lives with the things we care about most, but what if an unexpected event were to damage your home? The cost of replacing or repairing it could financially set you back. Taking out home insurance can offer peace of mind in these situations - you just need to choose a cover that may be suitable for your needs.
     

    What is home insurance?

    Home insurance is a type of insurance policy you can buy to help alleviate the financial costs of damage to your building and/or contents. You can choose to insure both your building and contents combined, or separately. Landlords Insurance is specifically designed for homeowners that want to protect their property while tenants rent it.
     

    How does home insurance work?

    Whether you own your home or are renting, it’s important to choose a policy that may be suitable for your living arrangement, especially if your property is vulnerable to specific risks. Everyday Insurance offers sum insured cover, that covers your home (building) for loss or damage up to a selected amount.

    Calculate the cost to rebuild my home

    What Home Insurance policies does Everyday Insurance offer?

    Here’s a breakdown of each type of home insurance policy and what it might cover. For more information, view full details of our Target Market Determination.

    Buildings and Contents Insurance

    Building and Contents Insurance (sometimes called Home and Contents Insurance) offers combined cover for your property and contents. Building and Contents Insurance is likely suitable for homeowners and may help cover you for things like - loss or damage caused by water damage (burst pipe), theft, and storm damage.

    Buildings and Contents Insurance

    Building Insurance

    Building Insurance offers cover for your property (excluding strata properties) and is suitable for homeowners. Building Insurance is likely suitable for homeowners and may help cover you for things like - storm damage, flood damage, fire damage, removal of debris, and accidental glass breakage.

     

    Building Insurance

    Contents Insurance

    Contents Insurance offers cover for personal belongings inside your home, like furniture. Contents Insurance is likely suitable for homeowners and people renting, and may help cover loss or damage for things like - water damage (burst pipes), theft, and fire damage.


     

    Contents Insurance

    Landlords Insurance

    Landlords Insurance offers cover for a landlords’ property while a tenant rents it. Landlords Insurance may help protect property owners against malicious damage and loss of rent following damage.


     

     

    Landlords Insurance

    Do I need home insurance?

    Deciding which home insurance is right for you can be tricky, especially if you’re renting but want to protect your furniture and belongings. Consider some of these factors before you take out a policy:

    Owning a home

    If you own a home, it may be the biggest asset you have. Unexpected damage without insurance can be costly and may leave you in financial strife. For example, if you live in an area prone to unpredictable weather conditions, Home insurance may offer peace of mind if your property or contents are damaged by flooding or storms.

    Renting a home

    If you’re renting, you might be concerned about the contents of your home. Unfortunately, theft might happen, and if someone were to break into the property, it might be expensive to replace stolen items. Contents Insurance may help you in the event of a burglary and other incidents like unexpected fire or water damage to your contents.

    Renting your home to tenants

    If someone is renting your property, you want to know it’s protected while you’re away from it. Landlords insurance may help cover your assets for loss or damage from unexpected weather events like storms and fires.

    How do I get home insurance?

    Now that you know a bit more about different types of home insurance, you might be looking at how to find some. Everyday Insurance offers flexible, affordable Home Insurance and Landlords Insurance with optional extras available to tailor a policy to your needs.

     

    Get a quote online today and see how much you could save

    Why pick Everyday Home Insurance?

    Bundle to save

    Save up to 10%= when you buy combined home and contents insurance

     

    Bundle to save

    Quality cover you can count on

    Backed by Hollard. One of Australia's largest insurers

     

    Quality cover you can count on

    Award-winning Insurance

    Winner of Finder’s Customer Satisfaction Awards for Highly Commended Home Insurance 2023
    See our awards
     

    Award-winning Insurance

    24/7 emergency claims assistance

    In the event of an unexpected event, our friendly claims team is available around the clock to help make your home safe and secure

    24/7 emergency claims assistance

    Home Insurance Info Hub

    What is a home insurance policy?

    What is a home insurance policy?

    Why buy home insurance?
     

    Why buy home insurance?

    What can you claim on home insurance?

    What can you claim on home insurance?

    A guide to home fire safety in Australia

    A guide to home fire safety in Australia

    Important information

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    = Up to 10% discount applies when you combine Building and Contents policies. Applies for the life of the combined policy. Minimum premiums apply which could reduce any discount you are entitled to.