Home insurance is designed to protect your home when disaster strikes. Things like fire, water damage and break-ins happen a lot more than you think. Fortunately, Victorian home owners have plenty of insurers to choose from.
At Finder, we can help you make sure you find the right policy for your property. We make it easy to compare VIC home insurance policies all in one place.
We currently don't have that product, but here are others to consider:
How we picked theseWe crunch eligible home insurance products in Australia to see how they stack up. We rank over 50 products on 16 different features, including price. We end up with a single score out of 10 that helps you compare home insurance a bit faster. We assess home and contents, building only and contents only products individually.
The Finder Customer Satisfaction Awards recognise Australia's favourite brands across a huge number of categories. We survey thousands of real Australians to understand how they feel about their recent product purchases, and use that information to reward the most popular brands.
Here are the 2025 winners in Victoria.
CommBank was Finder’s customer satisfaction winner in Victoria for 2025. The insurer received a 4/5 from respondents, with 88% recommending the brand as a trustworthy insurer.
CommBank was Finder’s customer satisfaction winner in Victoria for 2025. The insurer received a 4/5 from respondents, with 88% recommending the brand as a trustworthy insurer.
Price remains one of the biggest features Victorians look for in a home insurance policy. For cost, Budget Direct scored a 4.1/5 among respondents, providing top value across its policies.
Price remains one of the biggest features Victorians look for in a home insurance policy. For cost, Budget Direct scored a 4.1/5 among respondents, providing top value across its policies.
When it comes to protecting your home, trust is a major concern. CommBank scored 4.2/5 in the Most Trusted category and was recommended by 88% of respondents, making it this year’s winner.
When it comes to protecting your home, trust is a major concern. CommBank scored 4.2/5 in the Most Trusted category and was recommended by 88% of respondents, making it this year’s winner.
For 2025, VIC residents felt Youi offered fantastic customer service. It scored 4.3/5 within this category and was recommended by 88% of respondents.
For 2025, VIC residents felt Youi offered fantastic customer service. It scored 4.3/5 within this category and was recommended by 88% of respondents.
Filing a home insurance claim should be simple and stress-free. Receiving 4.04/5 for its claims service, AAMI took out the top position in this category.
Filing a home insurance claim should be simple and stress-free. Receiving 4.04/5 for its claims service, AAMI took out the top position in this category.
An impressive 88% of respondents recommended CommBank as their preferred home insurer, making it the winner for Most Recommended insurer in VIC.
An impressive 88% of respondents recommended CommBank as their preferred home insurer, making it the winner for Most Recommended insurer in VIC.
Among the 2025 winners were several brands that came highly commended among VIC homeowners, including RACV, taking out 3 Highly Commended Finder Awards across the Most Loved, Most Trusted and Easiest to Claims categories.
The right type and level of cover for you may vary substantially depending on where you live in Victoria.
One of the biggest risks facing rural properties in Victoria is bushfire, while some towns on the banks of the mighty Murray River face an increased risk of a flood. If you’re the owner of an apartment in the CBD, you might be more likely to face theft and break-ins or water damage if your upstairs neighbour has plumbing problems and your apartment is flooded.
You’ll need to consider a wide range of factors when deciding on the best home insurance policy for your needs. First, you’ll need to consider whether you want standalone home or contents cover, or whether you want to combine the two and enjoy the benefits of comprehensive cover.
Next, think about your specific cover requirements. How much cover do you need? What risks do you need to protect your property and possessions against? How much would it cost to replace everything you own if it were completely destroyed?
By taking your unique risks into account, you’ll be able to find a policy that matches your needs.
There are three home insurance options available to Victorian homeowners:
Home insurance
Also known as building insurance, this type of policy protects your physical building from loss or damage caused by fires, storms, impacts, theft and a variety of other risks.
Contents insurance
Contents insurance protects your furniture and possessions against loss or damage due to an extensive range of events.
Home and contents insurance
Combining all the cover of the two policies listed above, a home and contents insurance policy provides a high level of protection for your building and possessions.
Home insurance premiums will differ between homes. So while we can't give you an exact number, we got a bunch of quotes so you can have an idea.
The table below shows how different insurers will charge different premiums. This is why it's so important to compare.
| Brand | Building & Contents | Contents only | Building only | Apply |
|---|---|---|---|---|
 | $133.29 | $39.51 | $122.78 | |
 | $142.08 | $38.78 | $128.37 | More info |
 | $147.78 | $30.51 | $117.26 | More info |
 | $134.53 | $39.77 | $124.09 | |
 | $145.72 | $54.27 | $107.61 | |
 | $214.79 | $75.48 | $187.11 | |
 | $145.72 | $54.27 | $107.61 | |
 | $134.55 | $39.75 | $123.99 | More info |
 | $110.57 | $22.41 | $91.71 | |
 | $189.15 | $47.31 | $165.48 | More info |
 | $179.76 | $44.88 | $157.36 | |
 | $177.00 | $45.00 | $151.00 | |
 | $151.32 | $44.13 | $138.85 | |
 | $157.75 | $40.01 | $140.27 | More info |
 | $100.12 | $25.73 | $86.77 |
Most home insurance providers are not state specific and provide cover for homes all around Australia. finder.com.au’s panel of home insurers features some of Australia’s leading home insurance providers that offer cover in Victoria:
Before you choose a home insurance policy, make sure you’re aware of any general exclusions that apply. The following are some common home insurance exclusions:
Finally, when you do take out home and contents insurance in Victoria, make sure you’re aware that a 10% duty charge will be included in your premium. An additional Fire Services Levy used to apply to all policies, but this was scrapped in July 2013.
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