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Budget Direct Contents Insurance

Advertiser disclosure
Important information on terms, conditions and sub-limits
Fire
Yes
Theft or burglary
Yes
Flood
Optional Extra
Storm
Yes
Building cover
n/a
Contents cover
Go to site

Mozo editorial review Budget Direct Contents Insurance - last updated: 14 December 2020

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What's hot
  • 15% online discount (off your first year's premium)
  • New for old replacement
  • Up to 12 months temporary accommodation
What's not
  • Extra fee for monthly payments
Mozo snapshot

If you’re in the market for a contents insurance option that goes above and beyond the norm, then Budget Direct’s Contents Insurance may be the policy for you. Aside from providing your valuables with generous cover for a range of events, Budget Direct also offers a number of standout additional benefits including temporary accommodation and new for old replacement of items. 

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Key features

When it comes to providing protection for your valuables, the Budget Direct Contents Insurance policy will have you covered with up to $800 cover for any cash in your home, and up to $1,000 for items of jewellery (with a $5,000 total limit). 

You’ll have peace of mind knowing that your contents will be covered for a range of potential events - both likely and unlikely. Theft, vandalism, fire and lightning damage will all be covered under a Budget Direct policy, though if you’re wanting to protect your valuables against flood damage you’ll need to take it out as an optional extra. Another thing to note is that power surges and storm surges (an increase in sea level caused by a storm) aren’t covered in the policy.

In addition to the standard features you’d expect from most contents insurance policies, Budget Direct will also provide you and your family (plus your pets) temporary accommodation cover for up to 12 months, as well as new for old replacement for possessions which are damaged or destroyed in an event.  

Just remember to sign up online for your Budget Direct Contents Insurance policy so you can take advantage of the 15% online discount on your first year's premium.

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Who is it good for

Providing great value for money for a comprehensive range of standard and additional features, the Budget Direct Contents Insurance policy could be a great option for any homeowner wanting to safeguard their valuables and possessions.

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Any catches

Just bear in mind that Budget Direct may charge you a fee for paying your premium in monthly instalments, though you won’t be slugged if you opt to pay it as a lump sum each year.

Details

Rates and fees information correct as at 20 October 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Contents

Up to $800 in total

No

Up to $3,000 combined with computer software

Hardware yes, software up to $3,000 combined with CDs/DVDs

Yes

Yes

Up to $2,500 per item

Up to $5,000 per item for artwork, up to $12,000 in total, up to $2,000 for collections

Up to $1,000 per item or set, up to $5,000 in total

No

No

No

Yes

Up to $2,000

No

Up to $12,000

Other cover

Up to $7,000 funeral expenses

No

Up to $1,000

Up to 10% of sum insured, up to 12 months. Combined with temporary accommodation for pets.

Up to 10% of sum insured, up to 12 months. Combined with temporary accommodation.

Up to 10% of sum insured combined with debris removal

Up to 10% of sum insured combined with emergency storage

No

No

Up to 14 days

Up to 20% of sum insured

Policy and service features

60

No

Yes

$100

true

no

15% online discount

Yes

Up to 90 days, up to 20% of sum insured

Up to $1,000

Up to $20,000,000

none

none

Events

Optional Extra

Yes

Yes

Yes

Yes

Optional Extra

Yes

Optional Extra, up to 10 years old

No

Yes

Yes

No

Yes

Yes

Yes

Yes

*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.

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