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, debris removal and extra rebuilding costs, then Budget Direct’s Home and Contents Insurance policy could be the option for you. Add to that a 30% discount on your first year's premium when you sign up online and it’s no wonder that Budget Direct was named our 2021 Value Insurance Provider of the Year.
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.
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60 |
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Optional Extra - Up to 25% of building sum insured |
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Yes |
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$100 |
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true |
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no |
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30% online discount |
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Yes |
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Up to 90 days, up to 20% of sum insured |
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Up to $1,000 |
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Up to $20,000,000 |
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n/a |
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n/a |
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Optional Extra |
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Yes |
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Yes |
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Yes |
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Yes |
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Optional Extra |
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Yes |
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Optional Extra, up to 10 years old |
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No |
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Yes |
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Yes |
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No |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Up to $1,000 |
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No |
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Yes |
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Up to $800 in total |
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No |
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Up to $3,000 combined with computer software |
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Hardware yes, software up to $3,000 combined with CDs/DVDs |
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Yes |
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Yes |
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Up to $2,500 per item |
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Up to $5,000 per item for artwork, up to $12,000 in total, up to $2,000 for collections |
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Up to $1,000 per item or set, up to $5,000 in total |
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No |
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No |
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No |
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Yes |
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Up to $2,000 |
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No |
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Up to $12,000 |
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Up to $7,000 funeral expenses |
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No |
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Up to $1,000 |
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Up to 10% of sum insured, up to 12 months. Combined with temporary accommodation for pets. |
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Up to 10% of sum insured, up to 12 months. Combined with temporary accommodation. |
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Up to 10% of sum insured combined with debris removal and demolition costs |
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Up to 10% of sum insured combined with demolition cost and emergency storage |
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Up to 10% of sum insured combined with debris removal cost and emergency storage |
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Up to 10% of sum insured |
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Up to 14 days for contents |
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Up to 20% of sum insured |
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.
Budget Direct wanted 71% more premium for the building component of our home insurance compared to last year despite us not being in an area of risk of either flooding or bush fires, despite them increasing the insured value of the house by just 5% and despite us having been with them for six years with no claims. I phoned to ask why it had increased so much and whether they could do anything. Three times, they were supposed to phone me back and didn't. On the fourth time, they did call back but it took several more days before they said the price stood. They never did say why the premium had increased so much. I've gone with a different company.
Read full reviewBudget Direct wanted 71% more premium for the building component of our home insurance compared to last year despite us not being in an area of risk of either flooding or bush fires, despite them increasing the insured value of the house by just 5% and despite us having been with them for six years with no claims. I phoned to ask why it had increased so much and whether they could do anything. Three times, they were supposed to phone me back and didn't. On the fourth time, they did call back but it took several more days before they said the price stood. They never did say why the premium had increased so much. I've gone with a different company.
I was with Auto and General until Budget Direct bought them out. I had a great insurance price but seeing Budget Direct take over my insurance went up $50.00 per month for home and contents and car insurance. It’s all inclusive. But still if it goes up again I will be looking around to change to someone cheaper.
Read full reviewI was with Auto and General until Budget Direct bought them out. I had a great insurance price but seeing Budget Direct take over my insurance went up $50.00 per month for home and contents and car insurance. It’s all inclusive. But still if it goes up again I will be looking around to change to someone cheaper.
Never made a claim I'm my life. When I needed to, budget direct denied me, fought about it and refused to pay. You pay premiums and expect coverage. They are a disgusting and greedy company that just steal your money and don't actually provide the product you are being sold. Never again Never made a claim I'm my life. When I needed to, budget direct denied me, fought about it and refused to pay. You pay premiums and expect coverage. They are a disgusting and greedy company that just steal your money and don't actually provide the product you are being sold. Never again will I ever buy a budget direct product and I will tell everyone else not to as well. It was only $500 too, so not even the full amount of what I lost, just a part of it. Do you think I wanted to restock my freezer and fridge with $900 worth of food? So I couldn't even claim for just a part of it, only a portion, which would have helped a little bit, right before Christmas, after I got evicted from my house.
Read full reviewNever made a claim I'm my life. When I needed to, budget direct denied me, fought about it and refused to pay. You pay premiums and expect coverage. They are a disgusting and greedy company that just steal your money and don't actually provide the product you are being sold. Never again Never made a claim I'm my life. When I needed to, budget direct denied me, fought about it and refused to pay. You pay premiums and expect coverage. They are a disgusting and greedy company that just steal your money and don't actually provide the product you are being sold. Never again will I ever buy a budget direct product and I will tell everyone else not to as well. It was only $500 too, so not even the full amount of what I lost, just a part of it. Do you think I wanted to restock my freezer and fridge with $900 worth of food? So I couldn't even claim for just a part of it, only a portion, which would have helped a little bit, right before Christmas, after I got evicted from my house.
Have held contents insurance with this company for 2 years so far and never had issues. Affordable prices. Recently had to make a claim to repair a fence due to wind damage and the whole process was seamless. Got a quick and successful response to cover repair.
Read full reviewHave held contents insurance with this company for 2 years so far and never had issues. Affordable prices. Recently had to make a claim to repair a fence due to wind damage and the whole process was seamless. Got a quick and successful response to cover repair.
Have found Budget Direct to be customer focussed and cost effective.
Read full reviewHave found Budget Direct to be customer focussed and cost effective.