When comparing contents insurance, check the sum insured, whether cover is for replacement value or current value, and whether accidental damage is included. Compare excesses, limits for valuables such as jewellery and electronics, exclusions, temporary accommodation and cover for items away from home. A cheaper premium may provide less cover, so review the product disclosure statement and consider whether the policy suits your belongings and circumstances. Insurers set their own prices and terms, so obtain quotes and speak with the provider or a licensed insurance adviser if you need help.