Virgin Money Contents (strata owners)
CHOICE Expert Rating
Good Points
The product's best features and benefits
Bad Points
Drawbacks or issues you need to know about
Unlock our expert review and more
Reviews you can trust
Easy side-by-side comparison
Recommended products at a glance
Recommended products
Results for paid members only
Scores
Results for paid members only
Description
Cover summary
- Up to $20 million
- Cover for people named on the policy, plus their family members living with them
- Cover for incidents in Australia
Cost
Covered events
- Covers theft and attempted theft
- No cover for theft from secure shared areas without evidence of forced entry
- No cover for theft by residents; paying guests; tenants/their visitors or someone entering through part of home under construction, renovation or alteration
- Covers fire; bushfire; grassfire; and heat, ash, soot or smoke from fire within 100m of address
- Accidental damage option covers heat, ash, soot or smoke from fire over 100m from address
- 72 hour waiting period for bushfire and grassfire
Claims
- Repair damaged items
- Replace damaged items
- Pay you the item's replacement value, up to your sum insured or other sublimits
- Customer cost if insurer offers cash
- Insurer cost if you ask for cash (may be less than retail cost)
- Insurer may offer non-cash alternatives
Contents
- Covers some items for accidental loss/damage
- Choose overall limit from $1000–$5000
- Up to $1000 per item
- Covered anywhere in Australia, New Zealand, and for up to 90 days in rest of the world
- $100 excess
- Optional
- Cover for accidental loss/damage
- Covered away from home in Australia, New Zealand, and for up to 90 days in rest of the world
- $100 excess
- Up to sum insured overall
- Up to $1000 for theft
- Up to 12 months or 10% sum insured
- Paid on top of sum insured
- Covers accommodation for you and your pets
- Up to 10% sum insured overall
- Paid on top of sum insured
- Up to sum insured
- Covers removing/storing contents in commercial storage facility
- Motors up to 10 years
- Optional
- Up to $5000 overall
- Up to $1000 per item or set
- Up to $12000 overall
- Up to $5000 per item or set
- Up to $500 overall
- Cover for insured events
- Optional cover for motor burnout
- Up to sum insured overall
- Covers fixtures/fittings not part of the home for insurance purposes
- Up to 20% contents sum insured overall
- Cover for overturning of removal vehicle, collision and fire
Looking for user reviews?
We don't offer user reviews anymore. Help us improve this expert review by sharing your feedback in a quick survey.