Guide to home insurance

Underinsurance is when a person’s home or belongings are insured for an amount that is below what it would actually cost to replace them.

Not to be confused with a PDF, a PDS (product disclosure statement) contains all the vital information you will need to make a decision about a finance product.

When you first move into a rental property, one of the first questions you may ask yourself as a tenant is ‘do I need renters insurance?’ 

There's no doubt about it, home and contents insurance policy writers love their mumbo jumbo. If you're struggling to get your head around some of the home insurance lingo (and really who wouldn't) our jargon buster is here to help.

Whether you’ve built it from scratch or picked it up at an auction, our home is the most expensive thing we own. So the last thing you want is to find out you’ve forgotten to add or misjudged something on your home and contents insurance policy, like underinsurance.  

If you’re like most people, your home is probably not only one of the most expensive things you’ll ever own, but also one of the most important to you. You most likely put a lot of thought into finding the right one and a lot of effort into saving up and choosing a home loan to afford it.

A new report from Financial Rights Legal Centre has found many insurance customers aren’t being properly supported when making a claim for property damage due to extreme weather events. 

The NSW government has partnered with KPMG to develop a tool that will measure the quality and insurability of homes in the state. The so-called Building Assurance Solution (BAS) tool aims to provide both home buyers and insurance companies with a trustworthy rating for residential buildings in NSW. 

Launched just last week, new insurance provider Honey is giving qualifying customers up to $250 worth of smart home sensors! The insurtech company which provides home and contents cover aims to use its tech offerings to not only keep Aussies safe, but also help reduce costs for its customers.

Following the federal government’s announcement of a new $10 billion reinsurance pool, Mozo has done the maths on what the current situation is for residents of northern Queensland, the NT and northern parts of WA.