What is a home insurance policy?

What is a building insurance policy?
What is a contents insurance policy?
Does home insurance cover portable contents?
Looking to protect your property or contents?
Important information.
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Home insurance is a type of property insurance you can buy to cover your home or contents for loss or damage in events like storms, fire, and theft. The term ‘home insurance’ can refer to different cover types - building insurance, contents insurance, or combined building and contents insurance.

The age and location of your property are some things that can affect how much you can insure your building for. Other factors include who lives in the property, and how it’s used.

What is a building insurance policy?

A Building Insurance policy covers your home’s structure, fittings, and surrounds like fences and sheds. It doesn’t cover things like carpets, floor rugs, or other belongings you’ve placed inside your home. Building insurance is usually popular for people that own their homes. Everyday Insurance offers a sum insured cover that covers your home (building) up to a selected amount.

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What does building insurance cover?

Building insurance can protect your home from damage or loss caused by events like:

Event	Example
Fire	If there’s a bushfire where your property is located, or an unexpected explosion occurs
Storm, rainwater, and flood	If lightning damaged part of your external house wall
Earthquake, tsunami, or volcanic eruption	If the tiles on your roof fall off or your fence breaks as the result of an insured event
Malicious damage	If someone vandalises and graffitis an external wall of your property
Accidental glass breakage	If your child accidentally kicks a ball through your property’s window
Escape of liquid	If a pipe unexpectedly bursts in your home
Impact	If your property is damaged by a falling tree branch or power pole

Above is an example table only. Please read the Home Insurance Product Disclosure Statement for full terms, conditions, limits (including sub-limits) and exclusions that apply.

What is a contents insurance policy?

A contents insurance policy covers loss or damage for the belongings inside your home like furniture, some free-standing appliances (like fridges), or clothes. It doesn’t cover alarm systems, dishwashers, or things that are permanently attached to your building. Everyday Insurance offers a sum insured cover that covers your contents up to a selected amount.

What does a contents insurance policy cover?

Contents insurance policy can protect your belongings from damage or loss caused by events like:

Event	Example
Fire	Bushfire smoke damages furniture inside your home
Theft	Someone breaks into your home and steals your television
Storm, rainwater, and flood	Water flooding into your house from a storm damages your furniture
Earthquake, tsunami, or volcanic eruption	An earthquake causes your television to topple over and smash
Malicious damage	Someone breaks into your home and damages your refrigerator
Accidental glass breakage	The glass countertop of your coffee table is accidentally smashed
Escape of liquid	A burst pipe causes water damage to a carpet in a room
Impact	A tree falls onto your outdoor BBQ and damages it

Above is an example table only. Please read the Home Insurance Product Disclosure Statement for full terms, conditions, limits (including sub-limits) and exclusions that apply.

Does home insurance cover portable contents?

Portable contents are belongings you can take outside of your home like watches, sunglasses and sporting equipment. You can choose to insure your portable contents for an additional cost. With Everyday Home Insurance policies, portable contents fall under the 'optional extras' category.

There are two ways to cover your portable contents:

Group cover: if you want cover for a few different things, you can choose to insure a group of your belongings for a fixed limit of up to $1,000 per item.
Itemised cover: if you want to cover a specific item that might be worth more than $1,000, you can choose itemised cover. Itemised cover gives you cover for the actual value of the item and is listed on your Certificate of Insurance.

Does home insurance cover portable contents?

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Why pick Everyday Home Insurance?

Bundle to save.

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

Quality cover you can count on.

Backed by Hollard. One of Australia's largest insurers.

Award-winning Insurance.

Winner of Finder’s Customer Satisfaction Awards for Highly Commended Home Insurance 2023.
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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.

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Important information.

text: ⁼A discount of 10% is applied to your premium when you combine Building and Contents on one Home Insurance Policy. The discount will apply to the first 12 months of your Everyday Home Insurance policy. The discount will be reapplied for 12 months each time your Everyday Home Insurance policy is renewed so long as you continue to combine Building and Contents on one Home Insurance policy and Everyday Insurance continues to offer the discount. Minimum premiums apply which could reduce any discount you are entitled to. Discount does not apply to taxes or government charges and optional non-insurance services.

text: Cover and benefits are subject to eligibility criteria and terms and conditions, including the limits and exclusions of the insurance policy. Any advice provided is general only and may not be right for you. Before you purchase this product you should carefully read the Home Insurance Product Disclosure Statement and consider the Target Market Determination to decide if it is right for you.

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