Budget Direct has provided home and contents insurance to Territorians since 2000.

Whether you’re an owner–occupier, landlord or renter, living in Canberra, Gunghalin or Mt Clear, or anywhere between, we’ve got you covered§.

Award-winning home insurance

After comparing the cost and features of 72 policies offered by 50 insurers, Canstar presented us with the National award for Outstanding Value Home & Contents Insurance for the seventh year in a row in 2023.

We’ve also won Money magazine’s Insurer of the Year title eight years running (2017–2024); and a Mozo Experts Choice award for Exceptional Value Home & Contents Insurance (2017–2023).

CANSTAR's Outstanding Value Home & Contents Insurance 2017 to 2023
Money Magazine's Insurer of the Year 2024
Mozo Experts Choice 2023 - Exceptional Value Home and Contents Insurance

Choose your cover

You can get home or contents cover separately, or combine them.

Home and Contents Insurance

Protect your most valuable asset and belongings by combining home and contents insurance.
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Home Insurance

Covers loss or damage to your home due to events like storms, fire and escape of liquid. Includes the costs of repairs or rebuilding and temporary accommodation.
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Contents Insurance

Covers loss or damage to your contents due to events like storms, fire and theft. Includes new-for-old replacement of items that can’t be repaired.
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Highly rated claims


Use our Comparitron™ tool to compare home insurance savings reported by our customers throughout Australia.

Frequently asked questions

What does home insurance cover?

‘Home insurance’ is an umbrella term that encompasses three variations of cover:

  • Home and contents insurance covers your house and other structures on your property as well as your belongings for loss or damage due to events like fire, theft and storms.
  • Home insurance covers your house and other structures on your property, including your garden shed, fences, and in-ground swimming pool.
  • Contents insurance covers the belongings inside your home, including furniture, whitegoods, electrical appliances, clothing, and more.

Terms, conditions, limits and exclusions apply to Budget Direct home insurance; for full details, please read the product disclosure statement.

What events are covered by home insurance?

An ‘insured event’ is an event we cover should it cause loss or damage to your home and/or contents.

Budget Direct covers the following events:

  • Storm and rainwater (flood cover is optional)
  • Fire
  • Theft (or attempted theft)
  • Escape of liquid (e.g. burst pipe)
  • Lightning
  • Impact at home (e.g. fallen tree)
  • Breakage of glass, ceramic and sanitary fixtures
  • Malicious damage, vandalism, riot or civil commotion
  • Explosion
  • Earthquake or tsunami.
How much home insurance do I need?

It’s up to you to determine how much it would cost to replace your home and contents – the ‘sums insured’ – if they were totally destroyed, for example, by fire.

It’s the maximum amount we’ll pay, so it’s important you’re comfortable the amount you nominate is sufficient to replace your entire home and all of your contents at today’s prices.

Use these calculators to help you estimate how much it would cost to replace your home and contents.

For a more accurate rebuilding cost estimate, we recommend you consult a professional valuer or building contractor.

Get a home insurance quote online