Stats crunched by Mozo Experts
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55Home Insurance Policies
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53Insurance Companies
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3Award Categories
A big round of applause to the 2024 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 and contents insurance policies.
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 or quality cover to start your search.
Standout Winners
Australia's Best Home & Contents Insurer
Australia Post has been crowned as Australia's Best Home & Contents Insurer, earning awards in both the Exceptional Value and Exceptional Quality categories. This highlights Australia Post's commitment to delivering superior insurance solutions that blend competitive pricing with top-tier coverage.
Congratulations to:
Australia Post
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Home & Contents Insurance
- New for Old
- Yes
- Underinsurance protection
- Optional Extra - Up to 30% of building sum insured
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Home Insurance
- New for Old
- Yes
- Buildings and structural improvements
- Yes
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Contents Insurance
- New for Old
- Yes
- Accidental loss and damage
- Optional Extra
Exceptional Value Home & Contents Insurance
A home is often a family's most valuable asset, and ensuring it’s appropriately protected from the unthinkable is an important consideration. But this protection doesn’t have to cost an arm and a leg.
The Mozo Experts assessed 41 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.
Congratulations to:
AAMI, Apia, Australia Post, Budget Direct, Coles, ING, QBE, and Virgin Money
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Home & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home Cover - Buildings & Contents
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home Building & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home Building & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home and Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
Exceptional Quality Home & Contents Insurance
For Home & Contents Insurance our assessment of quality is based on how generously the policy covers you for a large range of different events and items. We have considered all the policies that include coverage for flood, accidental damage, and underinsurance protection.
Highly weighted factors include flood, accidental damage, protection against underinsurance, how damaged items are replaced, and costs associated with a big clean-up like debris removal and temporary accommodation. For Home & Contents Insurance, we awarded the below.
Congratulations to:
Australia Post, Bankwest, CBA, GIO, Kogan Insurance, NRMA Insurance, QBE, and Suncorp
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Home & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Home Cover - Buildings & Contents
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Building and Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
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Classic Extras Home Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Yes
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Classic Advantages Home Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Yes
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Home Plus Buildings & Contents Insurance
- New For Old
- Yes
- Accidental Loss and Damage
- Yes
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Platinum Home & Contents
- New For Old
- Yes
- Accidental Loss and Damage
- Yes
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Residential Home Package
- New For Old
- Yes
- Accidental Loss and Damage
- Optional Extra
What are the Mozo Experts Choice Awards?
Now in their eleventh year, the Mozo Experts Choice Awards present an opportunity to recognise products in the market we believe offer great value to Australians.
For the 2024 Home Insurance awards, our Experts assessed 55 home insurance policies 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 2024 Mozo Experts Choice Awards for Home Insurance methodology report.
Our Expert Judges
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.
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AJ Duncanson
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Peter Marshall
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Meredith Allan
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George Hirst
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Rumpa Saha
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Afia Asha
FAQs
What’s the Judging Criteria for the Mozo Experts Choice Awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our 2024 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 2024.
Did you compare all home insurance providers in the market for these awards?
We collected pricing and cover information for 55 home insurance policies. 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.
How do I find the cheapest home insurance policy for me?
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 home 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 home 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.
Who are the Mozo Experts?
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 Mozo's Financial Services Specialist he contributes to the team of analysts that gather information and compare products every day, and oversees the calculations and data quality used for producing the Mozo Experts Choice Awards.
I work for a winning provider, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.