Mozo Review Budget Direct Contents Insurance Review
Last updated: 22 October 2019.
15% online discount
New for old replacement
Up to 12 months temporary accommodation
Extra fee for monthly payments
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, new for old replacement and even cover for your guests items.
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). The policy even covers the uninsured items of any guests or visitors for up to $500.
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. However, 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 premium discount.
Who it's 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.
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.
Rates and fees information correct as at 28 January 2020. 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.
Up to $800
Up to $3,000 combined with computer software
Hardware yes, software up to $3,000 combined with CD's/DVD's
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
Up to $2,000
Up to $12,000
Up to $7,000 funeral expenses
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
Up to 20% of sum insured
Policy and service features
15% online discount
Up to 90 days, up to 20% of sum insured
Up to $1,000
Up to $20,000,000
Optional Extra, up to 10 years old
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