The cheapest insurance policy on paper isn't always the best value once exclusions, sub-limits and excess amounts are compared. This page is general information only.
Price isn't the whole picture
Comparison sites are a useful starting point, but they don't always show every exclusion or sub-limit — reading the actual product disclosure statement (PDS) for the policies you're seriously considering matters more than the headline premium.
Excess structures
A higher voluntary excess generally lowers your premium but increases what you pay out of pocket when you claim — choose an excess level you could genuinely afford if you needed to claim tomorrow, not just the lowest premium option.
Bundling policies
Some insurers offer a discount for bundling home, contents and car insurance together, but it's still worth checking that each individual policy is competitive on its own — a bundled discount doesn't guarantee the best overall price.
Key takeaways
Compare at least two or three insurers on the actual PDS terms, not just price, and consider speaking to a licensed insurance broker for anything complex, like a high-value home or a small business.