Budget Direct has provided home and contents insurance to residents of The First State since 2000.
Whether you’re an owner–occupier, landlord or renter, living in Sydney, Tweed Heads or Broken Hill, or anywhere between, we’ve got you covered§.
Switch and save
Compared to their previous insurers' premiums, our New South Wales customers told us they saved an average of $###† by switching to Budget Direct Combined Home and Contents Insurance.
Here are their self-reported savings:
| NSW residents who bought… | Told us they saved an average of… |
|---|---|
| Combined Home and Contents Insurance | $### |
| Home Only Insurance | $### |
| Contents Only Insurance | $### |
Use our Comparitron™ tool to compare home insurance savings throughout Australia.
Award-winning NSW home insurance
After comparing the cost and features of 67 products offered by 49 providers, Canstar presented us with the National award for Outstanding Value Home & Contents Insurance for the eighth year in a row in 2024.
We’ve also won Money magazine’s Insurer of the Year title nine years running (2017–2025); Mozo Experts Choice award for Exceptional Value Home & Contents Insurance (2017–2024); and WeMoney's Best for Value Home & Contents Insurance award for 2025.
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.
Read more
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.
Read more
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
Emergency Services Levy
Our New South Wales customers’ Home Insurance premiums include their contribution to the state government’s Emergency Services Levy (ESL).
The levy is collected via insurance policies – not just those issued by Budget Direct, but by other providers too.
The ESL goes towards funding fire and emergency services in NSW.
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 (including cyclone) 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.
Useful links
§ Subject to you meeting our underwriting criteria.
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