Whether you’re moving into your new home or want to switch home insurance policies, Budget Direct’s Home Building Insurance could be the policy for you. This building insurance policy will cover you for major natural disasters, like fire, lightening and explosions, with flood and fusions listed as optional extras. And if you sign up online, you’ll receive a 15% discount on your first year's premium!
The Budget Direct Home Buildings Insurance policy can help give your home the TLC it needs when disaster strikes. With this policy, you’ll be covered for building and structural improvements as well as events like accidental breakage of glass, impact damage, theft and even vandalism.
There’s also cover for a range of natural phenomenon like fires, lighting, storms and earthquakes, plus, you’ll have the option to add cover for flood or fusions onto your policy. Just keep in mind that there is no cover for power or storm surges, and lock replacement is also an optional extra.
But Budget Direct Building Insurance isn’t just about your house. You’ll also be covered for some of the little extras that might come along with an event that impacts your home - cover of up to $7,000 for funeral or injury, up to 10% of the sum insured for temporary accommodation (including 12 months accommodation for pets), up to 10% of sum insured for both debris removal and demolition cost and cover for temporary repairs.
When it comes to features that help you choose how to pay for your Budget Direct Building Insurance, there’s plenty on offer. From a 15% online discount, to having your choice of excess and a 24/7 claims service, this is a pretty handy policy to keep in your pocket.
Just a couple of things to keep in mind - while there is the option to pay your premium in monthly instalments instead of annually in a lump sum, it will cost extra to do so. And if you want to be covered for underinsurance, you’ll need to add this as an extra.
The Budget Direct Home Buildings Insurance policy is a great choice for homeowners who want to protect their home against almost all major disasters and don’t mind paying their premium annually. And because this is just a buildings insurance policy, it also might be a good choice for landlords who don’t need cover for belongings inside the house.
While this policy provides cover across a range of events, homeowners will not be covered for power and storm surges.
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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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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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60 |
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Optional Extra - Up to 25% of 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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15% online discount |
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Yes |
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Up to $20,000,000 |
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Existing Budget Direct memebers get a $100 eGift Card when you purchase a new Pet Insurance policy with code "ECGIFT" |
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none |
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Up to $7,000 funeral expenses |
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No |
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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 demolition cost |
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Up to 10% of sum insured combined with debris removal cost |
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Up to 10% 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.
This company are bunch of clowns lying imbeciles they take your money and when U make a claim they do their dirty tricks with Excuses Not to cover Your Claim and their workers lie to the customers , Bad company bunch of clowns liars dirty tricks don't waste your money
Read full reviewThis company are bunch of clowns lying imbeciles they take your money and when U make a claim they do their dirty tricks with Excuses Not to cover Your Claim and their workers lie to the customers , Bad company bunch of clowns liars dirty tricks don't waste your money
This company offers lower rates but it comes at the cost of honest operation. If you need to claim they will do things to stop the claim and stop any complaints that you might raise due to their lack of service. Budget does not care about the items you insure with them - they put more effort into declining claims than to protect the things you want to preserve. In the long run I imagine you will run into polite walls if you ever need to decide to trigger a claim. This is the type of organisation that gives all insurance providers a bad name and reflects the ongoing corruption in the Australian Insurance industry. Avoid if you are serious about protecting your investments.
Read full reviewThis company offers lower rates but it comes at the cost of honest operation. If you need to claim they will do things to stop the claim and stop any complaints that you might raise due to their lack of service. Budget does not care about the items you insure with them - they put more effort into declining claims than to protect the things you want to preserve. In the long run I imagine you will run into polite walls if you ever need to decide to trigger a claim. This is the type of organisation that gives all insurance providers a bad name and reflects the ongoing corruption in the Australian Insurance industry. Avoid if you are serious about protecting your investments.
DONT TRUST BUDGET DIRECT. My home flooded in March 2022. They took 6 weeks to start repair work, 3 months to get an assessor to inspect the property and 6 months later cancelled the claim without warning. Budget direct did not provide my family with temporary accommodation, did not treat the mould in the house. They made harrassing phone calls and falsyfied documents. Now I've been forced to live in a black water damaged home. Save yourself the hassle and protect your home and family. Don't take out a policy with budget direct.
Read full reviewDONT TRUST BUDGET DIRECT. My home flooded in March 2022. They took 6 weeks to start repair work, 3 months to get an assessor to inspect the property and 6 months later cancelled the claim without warning. Budget direct did not provide my family with temporary accommodation, did not treat the mould in the house. They made harrassing phone calls and falsyfied documents. Now I've been forced to live in a black water damaged home. Save yourself the hassle and protect your home and family. Don't take out a policy with budget direct.
What do you reckon. A 150% policy price increase. You can justify an increase but not this much
Read full reviewWhat do you reckon. A 150% policy price increase. You can justify an increase but not this much
After many years with this insurance, I have not claimed a thing and paid my premium the whole time. The VERY FIRST TIME EVER i tried to make a claim, they were dishonest and told me I couldn't claim what I needed to because of a hidden clause in their policy. Horrible horrible company doing dishonest things for loyal paying customers. NEVER USE THEM!
Read full reviewAfter many years with this insurance, I have not claimed a thing and paid my premium the whole time. The VERY FIRST TIME EVER i tried to make a claim, they were dishonest and told me I couldn't claim what I needed to because of a hidden clause in their policy. Horrible horrible company doing dishonest things for loyal paying customers. NEVER USE THEM!