Home insurance deals, offers & discounts

How can I get a discount on home insurance?

Online discounts

You may be able to get a discount by buying a policy online, rather than over the phone or in person. For example, at the time of writing, some providers offer discounts of up to 30% for buying combined home and contents insurance online.

Combined home and contents discounts

You could also get a discount if you combine both home insurance and contents insurance into one policy. For example, at the time of writing, some providers offer discounts of up to 30% for combining home and contents insurance.

Another way you could save is with a multi-policy discount. This gives you a discount if you have multiple policies with the one insurance provider, such as home insurance and car insurance.

Some insurance providers also offer loyalty discounts, for having multiple different policies with them over multiple years.

Keep in mind, some of these discounts can also be stacked but will often be subject to certain terms and conditions, including maximum discount amount or minimum premiums.

Discounts on home & contents insurance

Here are some of the discounts available from providers on Canstar’s database (sorted alphabetically by provider name) at the time of writing. Before applying for a policy, check with the provider to confirm the details of these offers, including any additional eligibility criteria, conditions or exclusions that may apply.

For example, some discounts may not apply to optional cover such as flood or portable contents cover. Offers can also be changed or withdrawn at any time.

1st for Women

Online discount: 30% off your first year’s premium if you buy combined home and contents insurance online, or 15% off your first year’s premium if you buy home or contents insurance online.

Check with 1st for Women for T&Cs.

AAMI

Online discount: $50 off combined home and contents insurance to your first year’s premium or $25 off building only or contents only insurance when you buy a new policy online.

Check with AAMI for T&Cs.

Allianz

Combined discount: Up to 10% when you buy building and contents cover in a combined policy.

No Claim bonus: Up to 30% discount could apply to eligible customers taking out new home insurance. The discount is based on your claims history in the preceding five years.

Check with Allianz for T&Cs.

Apia

Online discount: 10% off the first year of your home and contents insurance premium when you quote and buy online.

Multi-policy discount: 10% off if you have two or more eligible Apia general insurance policies, with home insurance and contents insurance policies among those eligible.

Check with Apia for T&Cs.

Aussie

Online discount: Save up to 10% on your first year’s premium when you buy a new building or contents insurance policy online.

No Claim bonus: Up to 30% discount could apply to eligible customers taking out new building insurance. The discount is based on your claims history in the preceding five years.

Check with Aussie for T&Cs.

Australian Seniors

Combined discount: Up to 20% off if you buy combined home and contents insurance. This is made up of a 10% home and contents multi-policy discount and a 10% discount for Seniors Card holders.

Check with Australian Seniors for T&Cs.

Australian Unity

Online discount: Up to 10% off your first year’s premium when you buy a new building or contents insurance policy online.

No Claims bonus: Up to 30% discount could apply to eligible customers taking out new home insurance. The discount is based on your claims history in the preceding five years.

Check with Australian Unity for T&Cs.

Bank of Melbourne

Online discount: Up to 10% off your first year’s premium.

Combined discount: Up to 10% off your premium when you combine building and contents cover.

Check with Bank of Melbourne for T&Cs.

BankSA

Online discount: Up to 10% off your first year’s premium.

Combined discount: Up to 10% off your premium when you combine building and contents cover.

Check with BankSA for T&Cs.

Bankwest

Combined discount: Up to 15% off when you combine building and contents cover.

Check with Bankwest for T&Cs.

Budget Direct

Online discount: Up to 30% off your first year’s premium if you buy home and contents insurance online, or up to 15% off your first year’s premium if you buy home only or contents only insurance online.

Check with Budget Direct for T&Cs.

Coles Insurance

Online discount: 15% when you buy building or contents insurance.

Combined discount: Save 30% off combined home and contents insurance when you purchase online – 15% online discount and 15% combined discount apply.

Check with Coles Insurance for T&Cs.

CommBank

Combined discount: Up to 15% off when you combine building and contents cover.

Check with CommBank for T&Cs.

Everyday Insurance (from Woolworths)

Combined discount: Save up to 10% when you buy combined home and contents insurance.

Additional offer: Get 10% off your grocery shop from Woolworths once a month.

Check with Everyday Home & Contents Insurance for T&Cs.

GIO

Online discount: 10% off your home and contents insurance if you quote and purchase online.

Combined discount: Up to 15% off when you combine building and contents cover.

Multi-policy discount: 10% if you have three or more eligible GIO policies, with home insurance and contents insurance policies among those eligible.

Check with GIO for T&Cs.

Great Southern Bank

Online discount: Up to 10% off your first year’s premium when you quote and buy a new policy online.

Combined discount: Up to 10% off when you combine building and contents covers under one policy.

No claim bonus: Up to 30% discount could apply to eligible customers taking out new home insurance. The discount is based on your claims history in the preceding five years.

Check with Great Southern Bank (formerly CUA) for T&Cs.

HSBC

Online discount: Up to 10% off your first year’s premium.

Combined discount: Up to 10% off when you combine building and contents cover.

Check with HSBC for T&Cs.

Hume Bank

Online discount: Up to 10% off your first year’s premium.

Combined discount: Up to 10% off when you combine building and contents cover.

Check with Hume Bank for T&Cs.

ING

Online discount: Up to 30% off your first year’s premium if you buy combined home and contents insurance online, or up to 15% off if you buy home or contents insurance online.

Check with ING for T&Cs.

NAB

Online discount: Up to 10% off your first year’s premiums for home or contents insurance.

No claim bonus: Up to 30% discount could apply to eligible customers taking out new home insurance. The discount is based on your claims history in the preceding five years.

Check with NAB for T&Cs.

National Seniors

Online discount: Up to 10% off the first year’s premium when you quote and buy a new policy online.

Check with National Seniors for T&Cs.

NRMA

Loyalty discount: Up to 15% loyalty discount for when you take out two eligible policies, with a combined home and contents policy counting as two policies (5% for new customers). This discount may be larger if you have more policies with NRMA and will also depend on how long you’ve been a member with NRMA. Policies insured in SA, WA or the NT are not eligible for the Loyalty Discount.

Check with NRMA for T&Cs.

Ozicare

Online discount: 30% off your first year’s premium if you buy home and contents insurance online, or 15% off your first year’s premium if you buy home only or contents only insurance online.

Check with Ozicare for T&Cs.

QBE

Online discount: 10% when you buy a new home or contents insurance policy online

Check with QBE for T&Cs.

RAC

Combined discount: 15%.

Members discount: Plus, existing RAC members can save up to 10% on premiums.

Additional offer: You can also save up to 12.5% on your contents insurance if you have an alarm system, or up to 25% on your contents insurance if you have an RAC-monitored alarm.

Check with RAC for T&Cs.

RACQ

Online discount: $50 off if you buy home and contents insurance online, $25 off if you buy home insurance online, or $25 off if you buy contents insurance online.

Combined discount: Up to 13% off when you combine home and contents insurance.

Multi-policy discount: If you have three or more insurance policies, get up to 5% off each eligible policy.

Loyalty discount: Plus, RACQ Roadside Assistance members can get up to a 17.5% discount on home and contents insurance (based on membership level).

No claim discount: up to 4% based on your claims history.

Over 55 and Senior Card holder discounts: Up to 10% off for home insurance policy holders aged 55 years or over and up 15% off for contents insurance. Up to 15% off for home insurance policy holders with a government issued Seniors Card and up 25% off for contents insurance. But only one age discount can be applied to a policy.

Check with RACQ for T&Cs.

Real Insurance

Combined discount: Save 10% on first year’s premium when you buy a combined home and contents insurance policy online.

Check with Real Insurance for T&Cs.

Shannons

Multi-policy discount: If you have an active motor policy with Shannons, you may be eligible for a discount of up to 10% on your home and contents premium.

Check with Shannons for T&Cs.

St.George

Online discount: Up to 10% off your first year’s premium.

Combined discount: Up to 10% off premium when you combine building and contents covers on one policy.

Check with St.George for T&Cs.

Suncorp

Online discount: $100 off if you buy home and contents insurance online, or $50 off if you buy building only, contents only or renters insurance online.

Multi-policy discount: Combine three or more eligible policies and receive a 15% discount.

Senior Card discount: Receive a 6% discount if you have a Queensland Seniors Card.

Check with Suncorp for T&Cs.

Virgin Money

Online discount: Up to 30% off the first year’s premium if you buy an eligible home and contents insurance policy online, or 15% off the first year’s premium if you buy an eligible home or contents insurance policy online.

Check with Virgin Money for T&Cs.

Westpac

Online discount: Up to 10% off your first year’s premium.

Combined discount: Up to 10% off your premium when you combine building and contents covers on one policy.

Check with Westpac for T&Cs.

Source: Providers’ websites as at 02/04/2024. 

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When it comes to choosing a home insurance policy, price isn’t everything. It’s important to also take into account the quality of the coverage you’re getting for your money.

Canstar compares home insurance on price and features, to help you determine value. You can compare home and contents, home only, or contents only insurance policies on our website.

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