Home insurance

The items and events your home insurance policy covers does depend on the level of home insurance you purchase.

Home insurance may protect your building, or other buildings on your property, in the event of accidental damage, loss caused by fire or theft, and storm damage.

You can choose to include contents insurance in your policy to help protect your belongings - such as electronics, furniture, money, carpets, and jewellery.

Some home insurance policies also include liability cover. This means that if there is an insured incident that causes loss or damage to someone else’s property, or death or bodily injury to other people, your legal liability will be covered.

You can find out full cover details in Home Insurance PDS.

It's easy to underestimate just how much stuff you actually own, and how much it's worth when thinking about insuring your home contents. That's where our home contents value calculator can help.

By answering a few simple questions about your property, the calculator will provide an estimate based on a typical home of your size, in your suburb, furnished similarly to yours. From there you can add to or edit your contents list to refine your contents value.

Use contents insurance calculator.

The Cordell Sum Sure calculator takes the answers you input (or confirm, as applicable) and analyses them against construction industry data collated by CoreLogic to generate an estimated rebuild cost of the improvements on your property. Use of the Cordell Sum Sure calculator and any estimated rebuild cost provided by it may not be appropriate for you and you will need to assess the suitability of this estimate given your knowledge of your property. A number of qualifications apply to the estimated rebuild cost, which are set out in the full set of terms and conditions accepted by you prior to your use of the Cordell Sum Sure Calculator.

If you are renting it can pay to protect your belongings by taking out a Contents Insurance policy.

A common misconception amongst renters is that your landlord’s insurance will cover you if anything happens to your possessions. Landlord insurance generally only covers what the landlord owns which is the house and land. This means that anything that belongs to you at the rental property likely isn’t covered by their insurance.

A Contents Insurance policy may cover you financially if your belongings are lost, damaged or stolen. It can also cover you for incidents including theft, water damage, smoke damage and fire.

Read the PDS for full details of what's covered.

An insurance excess is the amount that you'll need to pay towards the cost of an insurance claim.

There are different types of excess that apply to different policies. For example, in addition to the basic excess which applies when you make a claim on Car insurance, you may also be required to pay an age excess, inexperienced drivers excess or additional excess. Please refer to your Product Disclosure Statement for more information.