Research
Compare different insurers’ products and get quotes – you may find it useful to read the insurers’ key fact sheets, which explain simply, clearly and briefly what the products’ most important benefits are.
Find out whether you could save by switching to us
Compared to their previous insurers' premiums, customers across Australia who switched online to Budget Direct's Combined Home and Contents Insurance told us they saved an average of $376†
Here are their self-reported savings:
| Customers who bought... | Told us they saved an average of... |
|---|---|
| Combined Home and Contents Insurance | $376 |
| Home Only Insurance | $286 |
| Contents Only Insurance | $172 |
Award-Winning Australian Home Insurance
We have won Money magazine's Best of the Best title for Home & Contents Insurance (2022-2026) and WeMoney's Best for Value Home & Contents Insurance award 2025-6. Plus, we have won the coveted Money magazine Insurer of the Year title ten years running (2017-2026), Canstar Insurer of the Year 5 years running (2022-2026) and Finder Insurer of the Year 2026.
More ways to save
There are a number of ways you can reduce your premium even further:
Our range of optional covers means you only have to pay for the insurance you need.
If you get a quote and buy a new policy online, you’ll receive a 15%^ discount (Home only or Contents only) or 30%^ discount (combined Home and Contents) on your first year’s premium.
Choose an excess between $100 and $5,000; by increasing your excess, you could lower your premium. Always choose an excess you’ll be comfortable to pay at claim time.
By paying annually instead of in instalments (i.e. fortnightly or monthly), you’ll pay a lower premium and avoid instalment processing fees.
How to switch
Switching to Budget Direct home insurance from your current insurer is quick and easy:
Buy
If you get a quote and buy a new Budget Direct policy online, you’ll save 15%^ (Home only or Contents only) or 30%^ (combined Home and Contents) on your first year’s premium.
Contact
Once you’re covered by us, contact your previous insurer to decline their renewal offer or cancel your other policy mid-term.
Get a quote online and save up to 30%^
Get a quote online – it’s quick and easy. If you get a quote and buy a new policy online, you’ll receive a 15%^ discount (Home only or Contents only) or 30%^ discount (combined Home and Contents) on your first year’s premium.
Get a Quote
Types of home insurance
Among other things, the price of your home insurance, or premium, depends on your level of cover; the more extensive the cover, the more it costs.
We offer three types of home insurance:
Covers loss or damage to your house, including garages, other structures like your garden shed and fences, domestic fixtures (e.g build-in wardrobes, air-conditioners, awnings) and permanent structural improvements (e.g. a home extension).
Covers loss or damage to your household belongings, including your furniture and furnishings, computers and electrical appliances, kitchenware, carpets, curtains, clothing and shoes.
Covers your home and your contents, as outlined above
If you're already a customer, the type of cover you have is shown on your insurance certificate and in your online account.
Praise for Budget Direct
“According to Canstar Research, Budget Direct provided competitively priced policies with a comprehensive level of cover...home insurance customers can access fire, theft, storm and optional flood cover, as well as cover for accidental breakage of glass...and the option to add accidental damage”
CANSTAR research team, February 2022
“Budget Direct is Australia's most awarded insurer with a well-earned reputation for consistently offering some of the lowest premiums across many of the market segments in which it compete”
2022 Money Magazine Insurer of the Year award citation
† Figures represent average savings based on data provided by customers who reported they switched online to Budget Direct's Combined Home & Contents Insurance from comparable policies, between 01 November 2025 and 30 April 2026. Individual circumstances and policy terms may vary. Please compare for yourself.