Budget Direct Home and Contents
Good Points
- Very good score for optional accidental damage cover
- Excellent score for optional motor burnout cover
- Excellent score for emergency storage of undamaged contents cover
- Excellent score for specified portable contents cover
- Excellent score for contents in the open air cover
Bad Points
- Poor score for animal damage cover
- No cover for gardens and landscaping
- Poor score for contents in transit when moving cover
- Poor score for spoiled food cover
- No cover for vet bills
Recommended products
Scores
Description
Cover summary
- Nominate a sum insured for your building
- Optional 25% underinsurance safety net
- 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 loss and damage due to theft and attempted theft
- Up to $1000 for contents in the open air
- Optional cover: up to $150000 for theft by tenants or their visitors
- No cover for theft by you, family members, household members or paying guests
- No cover for theft by someone who enters through part of home that is in the process of construction, alteration, or renovation
- Does not cover theft of cash, cheques or gift cards or other similar financial items where there is no evidence of forced entry to home
- Covers fire, bushfire and grassfire
- Also covers damage caused by heat, ash, soot, smoke from fire within 100m of address
- Accidental damage option adds cover for heat, ash, soot, smoke from fire over 100m from address
- No cover for heat, ash, soot, smoke from fireplace/fire pit
- No cover for scorching or melting where there is no flame or scorch or burn marks caused by cigars, cigarettes or pipes
- No cover for items usually exposed to heat, ash, soot, smoke, and being used normally over time
- 72 hour waiting period for bushfire and grassfire
- Optional
- Covered
- No cover for driveways, paths or pavers
- No cover for retaining walls
- No cover for fences or gates that are not in good condition
- No cover for gardens or garden borders
- No cover for jetties, wharves or pontoons
- No cover for swimming pool or spa liners or covers
- No cover for water in swimming pools or spas
- 72 hour waiting period
- Covers damage caused by storm, rainwater and wind caused by storms or heavy rain
- Also covers damage caused by escape of rainwater from water pipes, drains or gutters
- Covers damage caused by earth movement but must occur as a result of and within 72 hours of storm or heavy rain
- Covers damage caused by surface run-off rainwater from surrounding areas but must occur within 24 hours of storm or heavy rain
- No cover for damage caused by rain, hail, wind, snow or dust an opening not created by an insured event
- No cover for damage caused by rain due to construction, alteration or renovation work being carried out
- No cover for damage caused by rain, hail, wind, snow or dust due to defects in design, structure, materials, workmanship or construction you knew or should reasonably have known about
- No cover for artificial grass or turf
- No cover for courts designed for sports with fixed surfaces
- No cover for retaining walls
- No cover for fences or gates that are not in good condition
- No cover for jetties, wharves or pontoons
- No cover for swimming pool or spa liners or covers
- No cover for water in swimming pools or spas
- 72 hour waiting period for storm (including cyclone)
- Covers impact damage caused by animals/birds not kept at address
- Accidental damage option covers impact damage caused by animals/birds kept at address
- No cover for damage caused by animals/birds biting, chewing, clawing or pecking
- No cover for damage caused by insects, lizards, rodents, termites or vermin
- Optional
- Covers accidental loss and damage to home and contents
- Covers impact damage caused by animals or birds kept at the address
- Covers scorch marks caused by a hot pan on your benchtop
- Covers ash, heat, smoke or soot when no fire damage has occurred
- Covers melting or scorching when there is heat but no flame
- Covers accidental breakage of glass and crystal items designed to be carried by hand
- Covers accidental breakage of glass in a TV, radio, tablet or visual display unit or that forms part of a radio, clock, vase, ornament or lamp
- No cover for aircraft, drones or model craft and their accessories
- No cover for audio or video tapes or clothing or accessories
- No cover for bicycles; e-bikes; scooters; e-scooters or sporting, recreational or leisure goods or equipment while being used
- No cover for cash, cheques or gift cards or other similar financial items
- No cover for CDs, DVDs, digital storage devices, records, computer software, game cartridges or game consoles
- No cover for items used in business, trade or profession
- No cover for mobile phones, smart phones or smart devices or their accessories
- No cover for swimming pools or spas or any associated equipment
- No cover for damage caused by computer viruses; malfunction to computer systems; loss or corruption of data; tenants living in the home; paying guests staying in the home; intentional or deliberate acts; construction, alteration or renovation work; power surge or fluctuation (unless caused by lightning strike); processes of professional cleaning, repairing, restoring or renovation; or cleaning involving chemicals other than domestic household chemicals
- No cover for other damage caused by animals, birds or their excrement
- No cover for burning or scorching caused by cigars, cigarettes or pipes
- No cover for chipping, denting or scratching caused by normal use
Claims
- Repair damaged property
- Replace damaged property
- Pay you the property'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)
- 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
Building
- Motors up to 10 years
- Optional
- Up to 10% sum insured overall
- Paid on top of sum insured
- Limit combined with debris removal and professional fees
- Up to 10% sum insured overall
- Paid on top of sum insured
- Limit combined with building regulations and debris removal
- Up to 10% sum insured overall
- Paid on top of sum insured
- Limit combined with building regulations and professional fees
- Up to 12 months or 10% sum insured
- Paid on top of sum insured
- Covers accommodation for you and your pets
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 sum insured
- Covers removing/storing contents in commercial storage facility
- 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 20% contents sum insured overall
- Cover for fire, collision and overturning of removal vehicle
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