Australia Post home insurance review

Australia Post home insurance is good if you want higher benefit limits and it’s one of the few to offer a sum insured safeguard.

3.7 ★★★★★ (25 reviews) Write a review

Our verdict

Pros

  • Australia Post home insurance is about 12% cheaper than the national average.
  • Save 10% when you buy a combined home and contents insurance policy from Australia Post. T&Cs apply.
  • We couldn't find a brand that offered higher cover for legal liability, lock replacement, or temporary accommodation.

Cons

  • There's no cover for guest contents, while some brands offer up to $7,000.
  • There's no option to remove flood cover to lower your premium.
  • Australia Post's PDS includes some vague wording, including cover to a 'reasonable cost'.

How does Australia Post compare with other popular providers?

Australia Post offers cheaper home insurance than many other providers and offers a good range of benefits with some generous limits. For example, we couldn't find a brand which offered higher cover for legal liability, lock replacement, or temporary accommodation.

Features

Product AUFHO Finder Score Building Cover Contents Cover Fire, Storm & Theft Damage Sum Insured Safeguard
Finder score
Our verdict: Covers common claims such as fire, storms, floods and rain. It’s also very helpful if you need to rebuild following a disaster. It offers a special safeguard of up to 30%.
Budget Direct Home & Contents Insurance
Best Rated BrandBonusFinder Award Finalist
Budget Direct Home Insurance logo
Finder score
Optional
Our verdict: The most popular insurer on Finder, Budget Direct prioritises low-cost cover and gives you up to 30% off your first year's premium for new combined Home & Contents policies purchased online.
Finder score
Finder score
Optional
Finder score
Our verdict: Strong customer service record and pay monthly at no extra cost. You also get up to $5k for environmentally friendly upgrades if your home is destroyed.
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Finder Score - Home and Contents Insurance

Each month, we get crunching on most every home insurance product 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.

Read full Finder Score methodology

Price

As part of our 2024 awards, our insurance experts researched 45 home insurance brands and got over 400 quotes. Australia Post is cheaper than most brands - in fact, it's 12% cheaper than the national average. There are cheaper home insurance policies available but keep in mind that the best home insurance for you may depend on more than just price.

Remember, your quote may look different as pricing is highly dependent on specific situations.

ProviderAverage costApply
Australia Post$1,811.97
Budget Direct Logo$1,241.44
AAMI Logo$1,125.97
NRMA logo$831.86

Methodology

Compare Australia Post's home insurance policies

Product AUFHO Finder Score Building Cover Contents Cover Fire, Storm & Theft Damage Sum Insured Safeguard
Finder score
Our verdict: Covers common claims such as fire, storms, floods and rain. It’s also very helpful if you need to rebuild following a disaster. It offers a special safeguard of up to 30%.
Finder score
Our verdict: Covers common claims such as fire, storms, floods and rain. It’s also very helpful if you need to rebuild following a disaster. It offers a special safeguard of up to 30%.
Finder score
Our verdict: Covers common claims such as fire, storms and water damage. Like most contents policies, you need to pay extra for accidental damage cover.
loading

Finder Score - Home and Contents Insurance

Each month, we get crunching on most every home insurance product 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.

Read full Finder Score methodology

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Finder Awards badge

Congratulations, Australia Post!

Australia Post won the 'Home Insurance - Comprehensive' award in the 2024 Product Awards.

Full list of 2024 winners

What additional cover options are available?

Australia Post offers some customisations so you can tailor your policy, including:

  • Accidental damage - Protect your home or contents from accidental damage. For example, accidentally breaking an expensive vase.
  • Item limit increase - Increase the claimable amount for specific items, such as jewellery artwork or collectables.

Australia Post home insurance claims process

Australia Post home insurance is provided by QBE. You can lodge a claim online, via the QBE website. You'll need your policy number, details of what happened, and information on who was involved. You can also call QBE on 13 70 11.

Australia Post home insurance complaints information

Australia Post home insurance is provided by QBE. In the last financial year, The Australian Financial Complaints Authority (AFCA) received 927 complaints in relation to Australia Post's home and contents insurance, 291 of which were resolved at registration and referral, 629 progressed to case management and 540 of those were closed at case management.

FAQs

Compare other products from Australia Post

Nicola Middlemiss's headshot
Senior writer

Nicola Middlemiss is a contributing writer at Finder, with a special interest in personal finance and insurance. Formerly a business and finance journalist, Nicola has written thousands of articles helping Australians better understand insurance and grow their personal wealth. She has contributed to a wide range of publications, including Domain, the Educator, Financy, Fundraising and Philanthropy, Insurance Business, MoneyMag, Mortgage Professional, Yahoo Finance, Your Investment Property, and Wealth Professional. Nicola has a Tier 1 General Insurance (General Advice) certification and a Bachelor's degree from the University of Leeds. See full bio

Nicola's expertise
Nicola has written 241 Finder guides across topics including:
  • Personal finance
  • Personal insurance, including car, health, home, life, pet and travel insurance
  • Commercial business insurance

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6 Responses

    Default Gravatar
    KleoApril 8, 2017

    Does the 30% off get applied automatically or do I have to enter the code at checkout (no option).
    I have contacted Auspost they claim it might be an offer that Finder.com.au has on.

      AvatarFinder
      ZubairApril 11, 2017Finder

      Hi Kleo,

      Thank you for your question.

      Australia Post has a discount offer of 30% on their gold home and contents insurance policy if you purchased online. This offer is still active on the Australia Post’s website.

      All the best,
      Zubair

    Default Gravatar
    DeborahJanuary 17, 2017

    Does the building & contents insurance cover tsunamis ?

      AvatarFinder
      RichardJanuary 23, 2017Finder

      Hi Deborah,

      Thanks for getting in touch. Australia Post Home Insurance will not pay a claim if it arises due to high tide, tsunami or storm surge.

      All the best,
      Richard

    Default Gravatar
    LeanneDecember 14, 2016

    My house has asbestos fibro cladding on the exterior. Is this covered by your insurance product?

      AvatarFinder
      JasonDecember 15, 2016Finder

      Hi Leanne,

      Thank you for your enquiry.

      Australia Post Home Insurance will not pay claims due to the presence of asbestos in your property or house.

      Please note that finder.com.au is a financial information service and general information website that helps consumers make better decisions. We are not an insurer or an insurance company.

      Kind regards,
      Jason

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