GUIDES & RESOURCES

Home and Contents Insurance Tasmania

Tasmania is susceptible to intense weather threats such as flooding, storms, and bushfires. 1 Learn more about finding great value Home and Contents Insurance in TAS.
home & contents tasmania

*iSelect does not compare to all home and contents insurers in the market. The availability of policies may change from time to time. Not all policies made available from iSelect’s providers are compared by iSelect and due to commercial arrangements, area or availability, not all policies compared by iSelect will be available to all customers. See below for our range of home and contents insurers. Some policies are only available from iSelect’s call centre or online. Our advice on this website is of general nature and does not consider your situation or needs. Consider if any advice is appropriate for you before acting on it.  Learn more.

Compare home and contents insurance the easy way*

Save time and effort by comparing a range of home and contents insurance policies with iSelect

What are the benefits of Home and Contents Insurance?

When searching for a suitable policy, it may be important to consider where you live and its risks. For example, in recent years, Tasmania has been battered by the 2021 East Coast Storms, the 2018 Tasmanian bushfires and the devastating 2016 floods. 1 Because of these kinds of extreme weather events, it makes sense that Tasmanian homeowners and renters might want to consider a level of Home and Contents insurance that could help not only protect their home and dearest possessions but will also provide peace of mind.

What are the risks to your Home and Contents in Tasmania?

With the possibility of bushfires, flooding, and storms, there are a variety of risks to consider when living in Tasmania. That said, it is important to note that risks can change based on your location throughout the State.

Tasmanian and Hobart Home and Contents Risks:

Natural hazard risks in Tasmania and Hobart can occur without notice and at any time. For example, in 2016 floods swept through 20 of Tasmania’s 29 municipalities and caused an estimated $180 million in damages.2 In 2018 Tasmania was hit with another disaster in which a bushfire caused some residents to evacuate their homes and took four weeks to gain control over.3 Consequently, homeowners and renters in Tasmania in cities such as Hobart and Launceston may consider these factors when choosing their Home and Contents Insurance.

What does Home & Contents cover in Tasmania?

Now, we know what you’re thinking, Home and Contents Insurance may be very beneficial… but I don’t really get exactly what it is? And what the difference is between Home and Contents Insurance, Home Insurance, and Contents Insurance?

Home and Contents Insurance combines the features of both Home Insurance and Contents Insurance into a single policy.

This type of coverage may help homeowners to:
• Rebuild or repair their home and/or
• Replace the contents inside that property as a result of an insured event such as storms, lightning, fire and vandalism.*

What does Home Insurance in Tasmania cover?

Home Insurance (sometimes referred to as house insurance or building insurance) generally helps cover the cost of repairing or rebuilding the physical structure of your property.

This can include:
• Brick and mortar rebuild or repairs.
• Structural repairs such as roofs, sheds, and garages on the insured property.

Insurance for your house protects your home from damage that is out of your control and may protect your home in the event of natural disasters such as storms, lightning, bushfires, and floods.*

What does Contents Insurance cover?

The Contents Insurance portion of the combined covers possessions within the home (building), as opposed to the actual building itself.

Possessions could include but are not limited to:

Jewellery
• Clothes
• Whitegoods, electronics, and appliances
• Furniture

These possessions are often covered from a range of natural disasters, but can also be covered from theft, accidental damage, and electrical surges (note: some policies may require you to elect these options and it may come at an added cost).

It’s important to review the insurers Product Disclosure Statement to understand exactly what’s covered and what’s excluded.
Check out the link here to find out more about contents insurance.

What factors can affect the cost of Home and Contents Insurance in Tasmania

The cost of Home and Contents Insurance can depend on many factors, such as your chosen level of cover, your claims history, whether you're just covering home, contents, or both, and the area that you live in.

In Tasmania, your Home and Contents Insurance can differ in cost depending on the market value of your home and the value of your possessions. There are many variables considered when calculating your premium, and this could also impact your cost. These variables can include your age, the materials used to build your home, how the home is used and of course, the location.

In short, if you live in an area that’s regularly exposed to extreme weather events, then you could pay a higher premium. But as we mentioned, a range of factors are taken into account, which is why it’s important to compare policies from a range of insurers.

TAS, have you considered Landlord Insurance?

Landlord insurance may give you some peace of mind when it comes to your property and its contents. We all like to believe the best in people, especially our tenants! Yet we know that presuming the best doesn’t always provide the best safety net. Landlord Insurance could help cover you from a range of events so it’s important to investigate your options. For more info on Landlord Insurance click here.

How to compare Home & Contents Insurance in Tasmania

Research, research, research!
Comparing policies and providers is one of the best ways of ensuring you find a great deal on your Home and Contents Insurance. Comparing policy features, including optional extras, as well as limitations, exclusions, and price gives you the confidence that you’re making an informed decision.
Some factors you could consider when comparing are:
• How much it would cost to repair or re-build your home in the event of a fire or storm
• What the total value of your home contents adds up to

To find your homes Home and Contents Insurance match start by comparing from a range of policies and providers with iSelect.

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