A big round of applause to the 2023 winners of the Mozo Experts Choice Awards for Home Insurance. To determine which home insurance policies deliver the best value for Australians, our team of expert judges assessed 55 home insurance policies from 41 insurance providers.
If you’re looking for protection for one of your biggest assets and your household possessions, our winners list brings you the policies that offer the best value and quality cover to start your search.
Taking out Exceptional Value & Quality awards for Car, Home & Contents and in Landlord Exceptional Quality awards, Suncorp Insurance has been crowned the Insurer of the Year Car and Home Insurance for 2023. Suncorp's products stood out as offering excellent levels of cover and policy features to ensure that you are well protected if the unexpected happens.
Budget Direct has once again been crowned our Value Insurance Provider of the Year. This marks five years in a row for Budget Direct has taken out one of our major awards. Their insurance policies continue to deliver low prices while maintaining solid cover limits according to our assessment and are worthy of consideration for anyone where value for money is a key consideration when purchasing car insurance.
A home is often a family's most valuable asset, and ensuring it’s appropriately protected is an important financial decision. But having good insurance cover doesn’t have to cost an arm and a leg. The Mozo Experts assessed 55 home and contents insurance policies using more than 5,000 customer quotes and found those below to have prices that are more often amongst the lowest, when compared to other similar products, whether you’re insuring your contents or both your home and contents.
AAMI, Apia, Budget Direct, ING, Kogan Insurance, RACV, Suncorp Insurance, TIO, and Virgin Money
Our experts’ assessment of quality cover is based on how generously the policy covers you for a large range of different events and items. Important factors included in our assessment were: accidental loss and damage, underinsurance protection, how damaged items are replaced, and costs associated with a big clean-up like debris removal and temporary accommodation. We assessed 55 policies based on this criteria and awarded those that ranked best overall.
ANZ, Australia Post, Bankwest, CBA, GIO, Kogan Insurance, NRMA, QBE, and Suncorp Insurance
Now in their tenth year, the Mozo Experts Choice Awards present an opportunity to recognise products in the market we believe offer great value to Australians.
For the 2023 Home Insurance awards, our Experts assessed 55 home insurance policies from 41 insurance providers head to head.
“Our homes are one of our most important assets, being the largest purchase most people will make in their lifetime, and while Insurance cover for your home and its contents is essential, it can also be expensive,” said Peter Marshall, Mozo Experts Choice Awards judge.
“Whether your aim is to get cover that doesn’t cost a fortune, or top tier cover with all the bells and whistles, our award winners provide great options to begin your search.”
For full details on how we crunched the numbers, the awards criteria and how we determined the winners, see the 2023 Mozo Experts Choice Awards for Home Insurance methodology report.
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our 2023 Mozo Experts Choice Awards for Home Insurance methodology report for detailed information on how we performed product comparisons for home and contents insurance to determine the final winners for 2023.
We collected pricing and cover information for 55 home insurance policies across 41 different insurance providers. We aim to include most providers in the market in the Mozo Experts Choice Awards. However, not every product in the market will be included in our review. For a full list of the providers included in our assessment, please see our methodology report.
The best place to start is by checking out the winners in the Exceptional Value categories. Our experts have crunched the data on a range of landlord scenarios and these were the insurance providers and policies that presented the greatest value considering the coverage included when compared to similar products.
It’s important to understand that several factors go into determining the cost of landlord insurance, such as your property’s location and building materials, contents value and claim history. So, you’ll still need to compare features and options to find a policy that is right for you and then get quotes to check prices.
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Research Manager he leads the team of analysts that gather information and compare products every day, and perform all the calculations behind the Mozo Experts Choice Awards.
Please get in touch with us to discuss by email should you have any queries.
Important information on terms, conditions and sub-limits
Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.