What is contents coverage

Contents insurance, typically called personal property coverage, may help protect your belongings from covered risks, such as theft or fire.

What does the contents insurance cover?

Contents insurance covers the cost of replacing or repairing your possessions if they are damaged, destroyed or stolen. It includes everything you would take with you if you moved home including your furniture, kitchen appliances, curtains, bedding, clothing, television, computing equipment and jewellery.

What does content mean in insurance?

Contents insurance is a type of home insurance. It covers loss or damage to all the things in your home that aren't part of the structure or building. Find out what you can claim on it and how to get a good deal.

How much is content coverage?

On average, home and contents insurance will cost between $1,200 and $1,600 per year, or $100 to $134 a month, with the specific cost depending on several factors unique to you and your property.

Is it good to have contents insurance?

It is a good idea to take out home contents insurance to cover your possessions against fire, theft and other risks, such as accidental damage. If something happens to destroy or damage your possessions, it can cost a lot of money to replace them items, some of which may be essential.