5 home insurance hacks: 5 benefits to look for
Don't settle for the bare minimum with your home insurance – find out how you can get cover for your needs.
Sponsored by ALDI Insurance. Get a quote in 3 minutes across home & contents or car insurance today. Just visit the ALDI Insurance website and get started. Simple, smart.
Not sure whether you're getting as much benefit as you could from your home and contents policy? No problem – we show you some of the benefits worth considering.
👋 Hey there! We've partnered with ALDI Insurance for this article, so we'll be using its products as an example throughout. However, you should also do your own research to determine which insurance product is right for you. You should read the relevant terms and conditions carefully before signing up for any insurance product.
1. Do an insurance health check
Your home insurance is a utility – just like your electricity, water, internet or any other service you're paying for.
There's no need to wait for your renewal notice to arrive to see if you can save money on insurance.
If you have an existing policy, you can cancel anytime. Just keep in mind there may be a cancellation fee, but the savings you could get from switching may well outweigh the cost of cancelling. Also, you'll receive a pro-rata refund for the remaining period of your insurance if you've paid for the year in full.
Let's take a squiz at ALDI Home Insurance as an example.
Deliberately designed to be straightforward, ALDI Home Insurance provides cover for situations like natural disasters and theft, as well as providing temporary accommodation if it's required for 12 months or up to 10% of your sum insured.
It's important to take the time to compare costs, inclusions and policy extras to find insurance that suits your budget and your circumstances.
2. Reduce your premium through proactive protection
Taking a proactive approach to protecting your home is important, especially in Australia, where we have a lot of natural hazards. It can mean the difference between spending your Sunday quietly cleaning your gutters – and lodging a claim.
With ALDI Home Insurance, homeowners can save up to 8%* on their premium by being proactive. You can choose to receive complimentary smart home sensors (worth $250) that can alert you to avoidable mishaps like fire, water damage and theft. All you need is WiFi, a smartphone and active sensors.
3. Get your home office covered too
Work-from-home practices have become very common since 2020, which has meant many people have established permanent home offices.
So if you work from home regularly, it's important to consider the insurance implications. Think about the equipment you have in place – desks, monitors, keyboards, computers and other office supplies, for example.
If your home office suffered loss or damage, would you be able to replace them immediately? Or would it leave you in a financial hole?
ALDI Homeowners Insurance provides you with cover for eligible loss or damage to your home office equipment for up to $20,000. So if things do go wrong, the ALDI Insurance claims team is available 24/7/365 to help you get back on track.
4. Cover your investments
Home insurance is important for your own place – but what if you own investment properties?
Having tenants come and go exposes you to things you don't typically encounter in your own home.
Landlord insurance is uniquely structured to help protect you from both property damage and financial losses you might face. It may cover many of the usual incidents other property insurance covers, like fire or flood damage.
But the big difference is that there are landlord–specific features that home insurance doesn't always touch such as loss of rent and malicious damage or theft by tenants.
ALDI Landlord Insurance provides you cover for accidental or malicious damage and theft by tenants for up to 15% of your sum insured, as well as natural disasters. You can see the full details in the PDS.
Looking out for the right policy features for your needs can help provide peace of mind, while also helping protect your investment.
5. Extra cover for your contents
People tend to think of contents insurance as covering their big-ticket belongings. Wedding rings, TVs, jewellery, electronics and other valuables.
But sometimes it can be quite useful to know exactly the kinds of items that are covered inside and outside of the home.
After all, what if all your home office equipment got damaged? Or your phone went missing? What if some of your valuables went missing while you were moving house?
While you may not consider all your things to be particularly valuable, everyday items like furniture, electronics and clothes can add up quickly. If a pipe bursts and your flat floods, or if your valuable possessions are stolen, they may be expensive to replace.
ALDI Household Insurance offers cover for your contents at home and on the move, helping you protect the things you love.
So whether you own your home or are renting, you're able to make sure that your belongings are covered to suit your needs.
Learn more about Aldi Home Insurance
Sponsored by ALDI Insurance. Get a quote in 3 minutes across home & contents or car insurance today. Just visit the ALDI Insurance website and get started. Simple, smart.