Woolworths Contents Insurance

Key features

In circumstances following unfortunate events such as a fire, storm, rainwater, flood, burst pipes, earthquake, vandalism and theft, you want to know your valued possessions are in good hands. Woolworths Contents insurance covers all this, plus more, with two levels of cover, standard and comprehensive. You’ve also got some freedom to adjust your premiums to suit you by choosing your own level of excess.

From jewellery to furniture and even clothing, the Woolworths Contents insurance policy can give you the peace of mind you need, by covering your belongings. With this policy, items such as carpets, antiques and trade tools are all covered. The insurance cover is based on a new for old replacement policy, but just remember that doesn’t include computers over 4 years old and clothing or shoes that are stored away in cupboards and out of use.

If you need to make a claim, the Woolworth’s emergency claims line is open 24-hours a day, 7 days a week.

Remember there is no underinsurance protection with this policy, so make sure you estimate the value of your possessions accurately when signing up. And credit cards, uncut gems, identity theft and veterinary expenses aren’t covered, so it’s important to read through your PDS to understand everything you're covered for. 

There are also currently discounts up for grabs with the Woolworths Contents insurance policy such as 10% discount for the first year when you apply online, plus get 10% off when you purchase a combined Woolworths Home and Contents policy online. Just be sure to read the T&Cs.

Who is it good for

Anyone who’s after a low-cost contents insurance policy with flexibility in premiums and excess. Plus, it’s especially good for those looking to bundle it with home insurance and snatch up the discount.

Any catches

Although you will be covered for open-air contents, including up to $4,000 for garden furniture and barbecues, you won’t be covered for landscaping costs.

Plus keep in mind, there’s no underinsurance protection, so if you don’t have enough insurance to cover the cost of damage or loss, then that money comes out of your own pocket. So make sure you put the effort into estimating the value of your possessions accurately - now is not the time for a rough guess!