If you're looking for wide-ranging protection for your home and possessions that’s not only great value, but also comes with a heap of extra features including temporary accommodation cover and debris removal and extra rebuilding costs, then 2020 Insurer of the Year Budget Direct’s Home and Contents Insurance policy could be the option for you.
With a 30% discount when you sign up online, it’s no wonder that the policy was awarded a 2020 Mozo Experts Choice Award in the Exceptional Value Home & Contents Insurance category.
Budget Direct Home and Contents Insurance will provide cover for your house and valuables for a range of events. The policy will insure you for everything from everyday occurrences like the accidental breakage of glass, to theft and even natural disasters such as lightning strikes and storms, and you’ll even be able to add flood cover to your Budget Direct policy as an optional extra.
If your home or contents are damaged or destroyed by an insured event, you’ll rest easy knowing that Budget Direct covers your valuables such as jewellery for up to $1,000 an item, and artwork for up to $5,000 per item. Even the contents from your home office will be insured for up to $12,000.
With temporary accommodation cover you’ll also be safe in knowing that your family and pets will have a roof over their heads for up to 12 months (up to 10% of the sum insured) in the event that your home is damaged or destroyed.
The Budget Direct Home and Contents Insurance policy also comes with a number of handy extra features like new for old replacement for your belongings and optional personal effects cover for frequent travellers, plus you’ll be eligible for a 30% policy discount if you sign up online.
When it comes to paying for your policy Budget Direct gives you the option to pay your premium as a lump sum once a year, or in monthly instalments. However, you might be charged an extra fee if you do choose the monthly option.
With extensive cover for a range of events as well as a number of extra and optional features, Budget Direct’s Home and Contents Insurance is a top value option for homeowners looking to get the most out of cover for their home and valuables.
While Budget Direct provides a generous level of cover for a number of possessions, the policy does not cover landscaping costs such as the replacement of trees and shrubs in your garden should they be damaged.
60
Optional Extra - Up to 25% of building sum insured
Yes
$100
true
n/a
30% online discount
Yes
Up to 90 days, up to 20% of sum insured
Up to $1,000
Up to $20,000,000
n/a
n/a
Optional Extra
Yes
Yes
Yes
Yes
Optional Extra
Yes
Optional Extra, up to 10 years old
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
Up to $1,000
No
Yes
Up to $800
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
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 and demolition costs
Up to 10% of sum insured combined with demolition cost and emergency storage
Up to 10% of sum insured combined with debris removal cost and emergency storage
No
No
Up to 20% of sum insured
Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).
Our garage ceiling fell from bad winds and they told us the ceiling wasn't maintained? Its a ceiling not a car how do you keep it maintained as you can't service it. Take our money for 11 years and first claim you knock it back. Bad insurance company look elsewhere.
Read full reviewOur garage ceiling fell from bad winds and they told us the ceiling wasn't maintained? Its a ceiling not a car how do you keep it maintained as you can't service it. Take our money for 11 years and first claim you knock it back. Bad insurance company look elsewhere.
Budget Direct spend all their money on advertising and rejecting genuine claims. Do not fall for their false advertising! They might save you initially a little on your policy but when it comes to claiming they spend all their time trying to reject genuine claims. It's disgraceful what they put people through. Mine was only a small claim however I feel so sorry for people insured with them being rejected when they thought they would be covered in their hour of need! I cannot say it enough, don't use them as you're totally wasting your money.
Read full reviewBudget Direct spend all their money on advertising and rejecting genuine claims. Do not fall for their false advertising! They might save you initially a little on your policy but when it comes to claiming they spend all their time trying to reject genuine claims. It's disgraceful what they put people through. Mine was only a small claim however I feel so sorry for people insured with them being rejected when they thought they would be covered in their hour of need! I cannot say it enough, don't use them as you're totally wasting your money.
I made a claim to Budget Direct for water damage to my house, as I had some boards that were rotting. I have the extra cover for flood and was led to believe when I took my cover out that we were covered for any water damage to our house. This could not be further from the truth if you tried. They sent out their own builder who works for their company and surprise surprise, they have found all these reasons why we aren't covered. Budget Direct's insurance isn't worth the paper it's written on. I would warn people off this company as they are more than happy to take your money every month but if you run into problems they will leave you high and dry. I would give 0 stars if that was an option.
Read full reviewI made a claim to Budget Direct for water damage to my house, as I had some boards that were rotting. I have the extra cover for flood and was led to believe when I took my cover out that we were covered for any water damage to our house. This could not be further from the truth if you tried. They sent out their own builder who works for their company and surprise surprise, they have found all these reasons why we aren't covered. Budget Direct's insurance isn't worth the paper it's written on. I would warn people off this company as they are more than happy to take your money every month but if you run into problems they will leave you high and dry. I would give 0 stars if that was an option.
Please avoid. If your house is old they will happily take your money but will reject any claims you make. They are untrustworthy and definitely a scam of an insurance company. They are cheap because they simply don't pay any claims.
Read full reviewPlease avoid. If your house is old they will happily take your money but will reject any claims you make. They are untrustworthy and definitely a scam of an insurance company. They are cheap because they simply don't pay any claims.
Having reviewed a range of insurers, I ended up selecting Budget Direct purely based on price for the respective cover. I also liked the discount offered for paying the full premium in advance. In addition, the online experience in obtaining a quote was simple and the optionality in terms of excess options was positive and better than competitors.
Read full reviewHaving reviewed a range of insurers, I ended up selecting Budget Direct purely based on price for the respective cover. I also liked the discount offered for paying the full premium in advance. In addition, the online experience in obtaining a quote was simple and the optionality in terms of excess options was positive and better than competitors.
