What’s covered?

Your belongings

Cost to repair or replace (new for old) your lost or damaged contents, including furniture, whitegoods, appliances, clothing and personal effects.

Your legal liability for someone else’s death or bodily injury or for loss or damage to someone else’s property caused by an accident anywhere in Australia.

Temporary accommodation

Temporary accommodation for you and your pets if your rental property is unfit to live in due to loss or damage to the property or your contents. ||

Contents in open air

Contents (e.g. BBQ) lost or damaged in the open air due to an insured event.

Disposal and storage

Removal and disposal of your damaged contents and storage of your undamaged ones during the time it takes to repair your rental property.

Locks

Replacement of locks or key codes if your keys are stolen, up to $500.

Contents temporarily removed

Contents lost or damaged after being temporarily removed – for 90 days or less – from your insured address.

Food

Spoilage of perishable food, up to $500.

Credit cards

Loss or theft of credit and other financial transaction cards, up to $1,000.

Terms, conditions, limits and exclusions apply. For full details, please read the product disclosure statement.

Insured events

  • Storm and rainwater (flood cover is optional)
  • Fire
  • Lightning
  • Theft (or attempted theft)
  • Escape of liquid (e.g. burst pipe)
  • Impact at property (e.g. fallen tree)
  • Accidental breakage of glass, ceramic and sanitary fixtures
  • Malicious damage, vandalism, riot or civil commotion
  • Explosion
  • Earthquake

Upgrade your cover

For an additional premium, you can customise your renter’s insurance by adding one or more of the following optional covers to your policy:

Flood Cover

Covers your belongings for damage or loss caused by flooding rivers, creeks and other bodies of water.

Personal Effects Cover

Insures the portable items (e.g. jewellery, sunglasses, camera) you take with you away from your home. Read more

Accidental Damage

Standard cover includes accidental damage to glass, ceramic and sanitary fixtures that you’re legally responsible for – Accidental Damage extends this cover to most of your possessions.

Motor Burnout

In case a power surge burns out a motor in an electrical appliance you own (less than 10 years old); we’ll also pay for related spoilage of food.

You can add these covers when you get a quote and buy a policy or – if you’ve already bought a policy – by calling us on 1800 182 310 or logging into your online account and editing your policy.

How much cover do I need?

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

This is the maximum amount we’ll pay, so it’s important you’re comfortable the sum insured you nominate is sufficient to replace all of your possessions at today’s prices.

Use this calculator to help you estimate the cost of replacing your contents

Compare contents insurance savings

Compared to their previous insurers’ premiums, customers across Australia who switched to Budget Direct home contents insurance told us they saved an average of

$###

Use our Comparitron™ tool to view our customers’ self-reported savings.

Get a quote online and save 15%^

Getting a Budget Direct home contents insurance quote is quick and easy.

Get a quote and buy a policy online and save 15%; or call us on 1800 288 149.

Find out more

The information on this page is a summary only. For more details about Budget Direct contents insurance, including the terms, conditions, limits and exclusions that apply, please read the product disclosure statement.

How to make a claim

If your belongings are lost, damaged or destroyed by an insured event and you need to make a claim, we’re here to help. Make a claim on your renter’s insurance policy.

Award-winning Australian home insurance

After comparing the cost and features of nearly 150 policies offered by more than 50 insurance providers, Canstar awarded us one of three national awards for Outstanding Value Home and Contents Insurance in 2017. 

We also won Money Magazine’s 2018 Best of the Best award for Cheapest Home and Contents Insurance; and Mozo’s 2017 People’s Choice (Outstanding Customer Satisfaction, and Excellent Customer Experience) and Experts Choice (Exceptional Value) awards for home insurance.

CANSTAR's Outstanding Value Home & Contents Insurance Australia 2018
Money Magazine's Cheapest Home & Contents Insurance 2018
MOZO's People's Choice 2017 - Outstanding Customer Satisfaction
MOZO's Experts Choice 2017 - Exceptional Value Home and Contents Insurance

Frequently asked questions

What’s covered under a ‘home contents’ policy?

Among other things, a home contents policy covers:

  • furniture and furnishings
  • computers and electrical appliances
  • kitchenware
  • clothing and shoes
  • personal effects like jewellery, sunglasses and cameras (if you want your portable items to be insured when you take them with you away from your home, you’ll need to get extra Personal Effects Cover).
  • fitted carpets and rugs
  • internal blinds, curtains and window coverings.
I’m moving into a place with some housemates – will you insure me?

Yes – as long as you don’t share with more than two unrelated housemates.

Note that your policy would cover only the contents you own – not your housemates’ belongings.

Is there a minimum cover amount for contents?

Yes – $20,000.

Are valuables I take with me away from my home, like jewellery, covered?

Among the items covered by Budget Direct home contents insurance are:

  • bicycles
  • clothing
  • jewellery/watches
  • musical instruments
  • photographic equipment
  • sporting equipment.

These items are automatically covered if they are lost or damaged while inside your home

Personal Effects Cover

If you want these items to also be insured when you take them with you away from your home, you’ll need to add optional Personal Effects Cover to your policy; you can choose one or both of two cover types:

Unspecified Personal Effects: These are portable items not specified, or listed separately, on your policy. The most we’ll pay per item is $1,000. You are required to nominate a total cover amount for a group of items damaged or lost in any one insured event: $1,000, $2,000, $3,000, $4,000, or $5,000.

Specified Personal Effects: These are portable items specified, or listed separately, on your policy, with individual descriptions and values.

For an additional premium, you can add one or both of the abovementioned personal effects covers to your policy.

You can do this when you get a quote and buy a policy or – or if you’ve already bought one – by calling us on 1800 182 310 or logging into your online account and editing your policy.

Note that some portable items, like mobile phones and laptops, are only covered if they are lost or damaged inside your home by an insured event.

This includes events like theft and storms but excludes accidental damage (e.g. due to you dropping your smartphone or tablet on the floor at home).

Are there any limits on the amount you’ll pay to replace home contents?

Yes – the following table shows you the most we’ll pay to repair or replace certain contents damaged or lost in any one insured event.

If you have an item that exceeds this limit, you’ll need to list, or specify, the item on your policy (where applicable).

Contents Limit

Hand-woven carpets and rugs

Up to $2,500 per item1

Cash, cheques, and any other negotiable financial document

Up to $800 in total

CDs, DVDs, flash cards, digital media cards, audio and video tapes, records, computer discs, computer software, game cartridges, and game consoles

Up to $3,000 in total1

Firearms (legally registered and stored)

Up to $2,000 in total

Home office equipment

Up to $12,000 in total

Jewellery and watches

Up to $1,000 per item or set; and up to $5,000 in total1

Solid and plated silver and gold items (excluding jewellery and watches)

Up to $2,000 per item or set

Paintings, pictures, works of art, sculptures, and art objects

Up to $5,000 per item or set; and up to $12,000 in total1

Collections, memorabilia, stamps, collectors’ pins, medals, and collectors’ non-negotiable currency

Up to $2,000 per item or collection1

Tools of trade

Up to $2,000 in total

Specified contents items

Up to the sum insured2

1. You may be able to insure the item/s for more than the limit by specifying it, or listing it separately, on your policy, with an individual description and value. You can do this when you get a quote and buy a policy or – if you’ve already bought one – by calling us on 1800 182 310 or logging into your online account and editing your policy.
2. This amount is shown on your insurance certificate and in your online account.

^ The online discount applies to the premium paid for a new Budget Direct insurance policy initiated online on or after 29 March 2017. The discount varies by product: 30% for combined Smart Home & Contents insurance, 15% for Smart Home only or Smart Contents only policies. We reserve the right to change the offer without notice. The base-rate premiums are subject to change. The discount does not apply to any renewal offer of insurance.
* Based on a survey of Budget Direct Home Insurance customers conducted between 10 February 2015 and 31 October 2017. Visit www.budgetdirectreviews.com.au for more details.
|| Damage caused by an insured event.  The benefit is capped at 10% of your sum insured. For more details, please read the product disclosure statement.
† {comparitron-disclaimer}

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