Home insurance deals, offers & discounts

What is home insurance?

Home insurance can provide financial coverage in the event that your home’s building and/or contents become damaged as a result of listed or defined events such as accidental damage, theft, fire, hail and storm or flood damage. These events will be listed in your policy, as well as any terms and conditions that apply.

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 amounts or minimum premiums.

Compare Home Insurance

Home insurance offers

Here are some of the home insurance deals and 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 home insurance offers, including any additional eligibility criteria (some offers may be state or territory specific), conditions or exclusions that may apply.

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 Home insurance offers can also be changed or withdrawn at any time.

AAMI

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

Check with AAMI for T&Cs.

ahm

Members discount: Eligible ahm and Medibank health members can save 10% on premiums for home insurance policies. Members can also save an additional 10% when purchasing home and contents insurance as a combined policy.

Check with ahm for T&Cs.

Allianz

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

No claim discount: Up to a 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 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 quote and buy a new building or contents insurance policy online.

Combined discount: Up to 10% off if you combine buildings and contents insurance under one home insurance policy.

No claim discount: Up to a 30% discount could apply to eligible customers taking out a new home insurance policy. 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% combined 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 quote and buy a new building or contents insurance policy online.

No claim discount: Up to a 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.

Australia Post

Combined discount: 10% off when you buy home and contents insurance in a combined policy online.

Check with Australia Post for T&Cs.

Bank of Melbourne

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

Check with Bank of Melbourne for T&Cs.

BankSA

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

Check with BankSA for T&Cs.

BOQ

Smart Home offer: Up to 8% off your home and contents insurance premium if you use the three smart sensors provided by the insurer. They monitor your home for avoidable household problems such as fire, water damage, and theft.

Check with BOQ 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.

Bupa Insurance

Members discount: Eligible Bupa Health Insurance members can save 10% off premiums and Bupa Ultimate Health Insurance members can save 15% off premiums. Bupa members can get an additional 10% off (to a total discount of 20%) if they combine their home and contents insurance under one policy.

Check with Bupa for T&Cs.

Coles Insurance

Online discount: Save 15% on your first year’s premium when you buy home or contents insurance online.

Combined discount: Save 30% on your first year’s premium for combined home and contents insurance policies purchased online—15% online discount and 15% combined discount apply.

Additional offer: Get 10% off one Coles shop every calendar month (up to $50) for 12 months when you take out and hold a new Coles Home Insurance policy, join and redeem a free Coles Plus Saver account (excludes existing members) and link your Flybuys. Limit one membership per Flybuys account and offer ends 31 August 2025.

Check with Coles Insurance for T&Cs.

CommBank

Combined discount: Up to 15% off when you purchase combined 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 on purchases up to $500. Available to policyholders with a registered Everyday Rewards card linked to their policy.

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

GIO

Online discount: 10% off your first year’s premium when you buy an eligible home insurance policy online.

Combined discount: Up to 15% off when you purchase combined building and contents cover under one policy.

Multi-policy discount: 10% off 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.

gmcu

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

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

No claim discount: Up to a 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 gmcu for T&Cs.

Great Southern Bank

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

Combined discount: Up to 10% off when you purchase combined building and contents cover under one policy.

No claim discount: Up to a 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.

Additional offer: Get a $150 gift card when you buy a new eligible insurance policy. Offer ends 31 July 2025.

Check with Great Southern Bank for T&Cs.

Honey

Smart Home offer: Up to 8% off your home and contents insurance premium if you use the three smart sensors provided by the insurer. They monitor your home for avoidable household problems such as fire, water damage, and theft.

Check with Honey for T&Cs.

HSBC

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

Combined discount: Up to 10% off when you purchase combined building and contents cover under one policy.

Check with HSBC for T&Cs.

Huddle Insurance

Combined discount: 10% off when you combine home and contents cover.

Check with Huddle Insurance for T&Cs.

Hume Bank

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

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

No claim discount: Up to a 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 Hume Bank for T&Cs.

IMB Bank

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

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

No claim discount: Up to a 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 IMB 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 when you quote and buy a new home and/or contents insurance policy online.

No claim discount: Up to a 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 home insurance policy online.

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

No claim discount: Up to a 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 National Seniors for T&Cs.

NRMA

Online discount: Save up to 10% on your first year’s premium for home building, contents or home and contents insurance when you quote and buy online.

Multi-policy discount: A multi-product discount may apply when you hold two or more eligible insurance policies with NRMA.

Relationship discount: A relationship discount could also apply if you’ve held an eligible policy for five consecutive years.

Check with NRMA for T&Cs.

Ozicare

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

Check with Ozicare for T&Cs.

Qantas Insurance

Online discount: 15% off the first year’s premium when you buy a new home insurance policy online.

Combined discount: 15% off the first year’s premium when you combine home and contents insurance.

Additional offer: Earn up to 30,000 Qantas Points over 6 months for every home insurance policy you take out (annual premium over $2,000 required). Offer ends 27 August 2025. Earn one Qantas Point per $1 spent on your premium and an additional 2,600 points a year by using the Qantas Wellbeing App and regularly completing home related checks and reaching your sleep goals.

Check with Qantas Insurance for T&Cs.

QBE

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

Check with QBE for T&Cs.

RAC

Combined discount: 15% off when you combine home and contents insurance.

Members discount: Existing RAC members can also 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, or $25 off if you buy home or contents only 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.

Members discount: Existing RACQ Roadside Assistance members can also get up to a 15% discount on home and contents insurance (based on membership level).

Check with RACQ for T&Cs.

RACV

Multi-policy discount: If you have two or more eligible insurance policies, get up to 10% off each.

Members discount: Existing RACV members can also get up to a 20% discount on home and contents insurance (based on membership level).

No claim discount: Up to a 25% discount could apply to eligible customers taking out new home insurance. The discount is based on your claims history.

Additional offer: When you take out RACV home insurance online, you can add Emergency Home Assist at 80% off in the first year. This offer is only available online, and both products are billed separately.

Emergency Home Assist is a fast-response service for common plumbing, electrical, and locksmith emergencies, covered under one annual fee. Each call-out includes up to 1 hour of labour with minor parts to repair or make your home safe. It’s not an insurance product and doesn’t cover the full cost of emergencies. Unlimited call-outs allowed, subject to the Fair Use Policy.
Check with RACV for T&Cs.

Real Insurance

Combined discount: Save 10% 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

Combined discount: Up to 10% off your premium when you purchase combined building and contents cover under one policy.

Check with St.George for T&Cs.

Suncorp

Online discount: $100 off your first year’s premium if you buy home and contents insurance online, or $50 off your first year’s premium 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.

TIO

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

No claim discount: Up to a 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 TIO 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

Combined discount: Up to 10% off your premium when you purchase combined building and contents cover under one policy.

Check with Westpac for T&Cs.

Source: Providers’ websites as at 04/06/2025.

Compare Home Insurance

Why is home and contents insurance important?

Buying a home will generally be one of the biggest financial investments you make, so having some peace of mind that it’s covered in case of damages can be important.

Home building insurance can help cover the costs of replacing or repairing your home and outbuildings (like sheds and garages) if they are damaged by insured events like natural disasters, bushfires and accidental and malicious damage.

Contents insurance can help protect the items inside your home, such as jewellery, furniture, clothing, tools and appliances like TVs, washing machines and fridges. Your policy may also provide coverage for motor burnout for these appliances, as well as coverage for damage caused by flooding.

As home insurance policies can differ quite drastically from one another, it’s important to read all relevant policy documentation, such as the Product Disclosure Statement (PDS) and Target Market Determination (TMD), for any policy you are considering.

Compare home and contents policies with Canstar

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. This can include what is and isn’t included in a policy, the claim limits and sub-limits that may apply and the excess you have to pay when making a claim.

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 using Canstar’s comparison tables.

Cover image source: New Africa/Shutterstock.com