Compare more than the premium: check the sum insured, excesses, exclusions and whether the policy covers replacement or agreed value for your home and contents. Look for important features such as storm, flood, fire, theft, temporary accommodation and liability cover, and check any limits for valuables. Make sure the insurer’s claims process and financial strength suit your needs, and read the Product Disclosure Statement (PDS) before buying. Prices and cover vary by property and personal circumstances, so confirm the details with the insurer or a licensed insurance adviser.