How will my home and contents insurance premium be calculated?
Home and contents insurance premiums are calculated on the basis of the risk you present to the insurer. By risk, we mean the likelihood of you making a claim.
Risk is affected by a number of factors, such as:
- the location of your home
- the value of your home and possessions
- the material your home is constructed from
- the security devices you have installed to protect your home
- how your home is occupied
- the frequency of claims made by you or by previous owners of your home
Your premium will also depend on the amount you wish to insure, the excess amount you choose and any optional extras you add to your policy.
- How can I buy a home and contents insurance policy?
- How long does it take to get home and contents insurance?
- What if I have to make a home and contents insurance claim?
- How can I save money on my home and contents insurance?
- What benefits should I look for when choosing my home and contents insurer?
- How will my home and contents insurance premium be calculated?
- What happens if I don't tell you about my past claims when I apply for my home or contents insurance?
- Who is the underwriter for 1300 Insurance's home and contents insurance?
Thanks for your question.
We try very hard to respond to every question we get in a timely manner, but if your question is urgent you might want to call us on 1300 467 872.