Find out how much you could save by switching to us

In comparison to their previous insurers' combined home and contents insurance premiums, our customers nationwide told us they saved an average of $### by switching to us.

Here are their self-reported savings:

†See what this figure is based on

Customers who bought… Told us they saved an average of…
Combined Home and Contents Insurance $
Home Only Insurance $
Contents Only Insurance $

Award-winning Australian home insurance

After comparing the cost and features of 127 policies offered by 52 insurers, Canstar presented us with the National award for Outstanding Value Home & Contents Insurance for the fifth year in a row in 2021.

We’ve also won Money magazine’s Insurer of the Year title five years running (2017–2021); and Best of the Best title for Home & Contents Insurance in 2022.

Money Magazine's Best-Value Home & Contents Insurance 2022
Money Magazine's Insurer of the Year 2021
CANSTAR's Insurer of the Year 2022
CANSTAR's Outstanding Value Home and Contents Insurance Australia 2017-2021
CANSTAR's Outstanding Value Home Insurance 2020 & 2021
CANSTAR's Outstanding Value Home & Contents Insurance Western Australia 2020 & 2021

More ways to save

There are a number of ways you can reduce your premium even further:

Select the right level of cover

Our range of optional covers means you don’t have to pay for insurance you may not need, e.g. flood cover.

Buy your policy online

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.

Increase your excess

Choose an excess between $100 and $5,000; by increasing your excess, you could lower your premium.

Pay your premium annually

By paying annually instead of in instalments (i.e. fortnightly or monthly), you’ll pay a smaller premium and avoid administration fees.

How to switch

Switching to Budget Direct home insurance from your current insurer is quick and easy:



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.



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.



Once you’re covered by us, contact your previous insurer to decline their renewal offer or cancel your other policy mid-term.

Note that if you cancel mid-term, your previous insurer may refund any unused portion of your premium; however, they may charge you a cancellation fee.

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.

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:

Home Insurance

Covers loss or damage to your house, including garages, other structures like your garden shed and fences, domestic fixtures (e.g. built-in wardrobes, air-conditioners, awnings) and permanent structural improvements (e.g. a home extension).

Read more

Contents Insurance

Covers loss or damage to your household belongings, including your furniture and furnishings, computers and electrical appliances, kitchenware, carpets, curtains, clothing and shoes.

Read more

Home and Contents Insurance

Covers your home and your contents, as outlined above.

Read more

If you're already a customer, the type of cover you have is shown on your insurance certificate and in your online account.

Compare our different types of home insurance

Praise for Budget Direct

“Launched in 2000, Budget Direct entered a crowded market and rose to the top by putting together home and contents insurance, and vehicle insurance, with all the necessary inclusions and more…And [its] premiums are often lower than those of its competitors.”

2019 Money Magazine Insurer of the Year award citation

“Instead of charging you for things you may not need, Budget Direct provides the option of extra cover for things like floods and portable items you take with you away from your home, giving you control over the level of cover that you need, and how much you want to pay.”

CANSTAR research team, September 2017

Get a home insurance quote online