Mortgage Choice Home & Contents Insurance
What do Mortgage Choice Home and Contents Insurance policies cover?
Mortgage Choice offers three types of home and contents insurance:
- Prestige Home – the only policy type that includes accidental loss or damage cover and generally provides the highest level of cover offered
- Classic Home – includes accidental loss of or damage to your vehicle caused by fire or theft
- Vital Home – coverage is similar to Classic Home insurance however generally the sum insured is lower
Mortgage Choice’s home and contents policies offer coverage for a range of insured events including accidental breakage, fire or smoke, impact damage (such as from a vehicle or falling tree), storm, theft and water damage.
At the time of writing, you can get an up to 30% no claim bonus on home insurance policies. This means that you can save up to 30% on your premium each year you don’t make a claim.
Compare Home & Contents Insurance
Buildings Insurance
Mortgage Choice says its buildings insurance includes benefits such as:
- Compensation for death
- Continuation of cover when selling your buildings
- Fusion of electric motors
- Landlord’s contents (Classic and Vital insurance only)
- Legal liability
- Modifications to buildings for paraplegia & quadriplegia
- Mortgage discharge costs
- Removal of debris, professional fees and extra costs
- Rental costs after an insured event
- Replacement of locks or cylinders
Contents Insurance
Mortgage Choice’s contents insurance offers a range of benefits including:
- Additional cost of temporary accommodation
- Compensation for death
- Contents in a safe deposit box at a bank
- Contents in the open air at your risk address
- Credit cards – cover for loss or theft
- Fusion of electric motors (Prestige and Classic insurance only)
- Guests, visitor and domestic helper property
- Legal liability – cover for injury to other people or their property
- Removal of debris, professional fees and extra costs
- Replacement of locks or cylinders
- Security firm attendance
- Spoilage of perishable food (Prestige and Classic insurance only)
- Temporary removal of contents from risk address
- Vet costs
Buildings and Contents Insurance
Mortgage Choice buildings and contents insurance offers all of the above benefits of both buildings insurance and home contents insurance in a combined package. At the time of writing, when you combine your buildings and contents cover on the same policy, you can receive a discount of up to 10%.
For a complete list of inclusions and exclusions, make sure to read the Product Disclosure Statement (PDS).
Canstar does not currently compare Mortgage Choice home and contents insurance, but you can compare other home and contents providers on Canstar’s database: