When comparing home insurance in Geelong, check whether the policy covers risks relevant to your property, such as storm, flood, bushfire, escape of water and theft. Confirm the difference between flood cover and stormwater or rainwater damage, as definitions and exclusions can vary between insurers. Set your building sum insured high enough to account for demolition, debris removal, professional fees and current rebuilding costs, and separately value your contents. Premiums, excesses and eligibility are determined by each insurer based on your property and circumstances, so read the Product Disclosure Statement and seek advice from the insurer or a licensed insurance professional if unsure.