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Edited by

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Reviewed by

Updated 30/05/2024
What changed?
Reviewed by Natasha Etschmann and tip added.
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Fact checked
Our aim is to help you make better informed decisions. That’s why iSelect’s content is produced in accordance with our fact-checking and editorial guidelines.
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Written by

Francis Taylor

Updated 30/05/2024

What changed?

Reviewed by Natasha Etschmann and tip added.
Our aim is to help you make better informed decisions. That’s why iSelect’s content is produced in accordance with our fact-checking and editorial guidelines.

Find out more about how we make money.

View our Privacy Policy.

Our range of Home and Contents partners

iSelect does not compare all providers in the market or all policies offered by our partners in your area. Not all policies or special offers are available to all customers and some may only be available over the phone or on the website. Learn more.

What is Contents Insurance?

While there’s no replacing sentimental value, Contents Insurance may help cover the financial value of your phone, laptop and other possessions at home if they’re damaged or stolen.

Why compare Contents Insurance?

Different Contents Insurance Policies may offer increased coverage and higher limits for claims, not to mention lower premiums. Comparing policies may help you find one that offers better value all-round.

Are there different types of Contents Insurance?

New for old

Even if your items were looking a little worse for wear when they were damaged or spirited away, this cover could help you replace them with a brand new equivalent. This privilege may mean higher premiums though. 

Replacement at value

This is your like-for-like replacement, down to how much your items were worth at the moment they were damaged, lost or stolen. Essentially, these policies take into account the depreciating value of your valuables.

Helpful Tip:

It’s worth giving your Contents Insurance policy a quick review when you make any big new purchases. If you’ve just bought a fancy entertainment system or schmick leather couch, you’ll want to double-check whether your policy offers enough cover. 
 
What was adequate a year ago might not cover all your belongings now. Of course, you also need to consider whether you want to raise your coverage amount—and your premiums with it.

Natasha Etschmann

Investor & Personal Finance Educator

Frequently Asked Questions

What does Contents Insurance cover?

What’s isn’t covered by Contents Insurance?

Will Contents Insurance cover items in my garage or shed?

How do I figure out the value of my contents?

How does excess work for Contents Insurance?

How are Contents Insurance premiums calculated?

Is there a limit to how much my Contents Insurance will pay?

How can I save on Contents Insurance?

Can I combine my Contents Insurance with Home Insurance?

What happens if I move house?

What about Contents Insurance for renters?

What if I share my home with housemates?

Can landlords get Contents Insurance for their rental property?

Get started on comparing home and contents today!

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

iSelect does not compare all home and contents insurers or policies in the market. The availability of policies may change from time to time. Not all policies 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. Some policies are only available from iSelect’s call centre or website. A number of our participating general insurance brands are arranged by Auto & General Services Pty Ltd ACN 003 617 909 on behalf of Auto & General Insurance Company Limited 111 586 353, both of which are related entities of iSelect Limited. Our relationship with those companies does not impact the integrity of our comparison service. Click here to view iSelect’s range of providers.

iSelect General Pty Ltd ABN 90 131 798 126, AFS Licence Number 334115. Any advice provided by iSelect on this website is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect’s advice or purchasing any policy. You should consider iSelect’s  Financial Services Guide  which provides information about our services and your rights as a client of iSelect. iSelect receives commission for each policy sold that is a percentage of the premium or a flat fee. Ask us for more details before we provide you with any services.