People's Choice Listed Events policy
Sum insured policy. Underwritten by IAG.
![Image thumbnail 0](https://pdbimg.choice.com.au/peoples-choice-listed-events_1_mobile.png)
-
Recommended
View more details.
These were chosen because they include standout features – such as cover for accidental damage, contents in the open air or under-insurance safety nets – and because they offer good value for money based on our survey. Check the policy details to make sure they're right for you.
-
CHOICE Expert Rating
View more details.
The overall score is made up of product features (60%) and price (40%).
-
Features score
View more details.
The score is made up of property valuation (15%), insured event cover (25%), legal liability cover (5%), claiming (10%), portable contents cover (10%) and additional features (35%).
-
Satisfaction score
View more details.
We surveyed customers to ask them about their overall experience with the insurer. This score represents the percentage of people who rated their experience as above average or excellent. N/A means there was no result for that insurer. This score does not contribute to the CHOICE Expert Rating.
- N/A
- Insurer
- People's Choice
- Policy
- Listed Events
-
Underwriter
View more details.
The company that issues your insurance and in most cases handles the claims.
- Insurance Australia Limited
-
Building cover
View more details.
Your sum insured amount is the maximum amount your insurer will pay to repair or replace your building. You should set it to the cost of replacing all of your belongings. If a policy has an underinsurance safety net (also called "gap cover") the insurer will pay a percentage above your sum insured if necessary. A total building replacement policy doesn't use a sum insured - you simply get your building totally replaced.
- Nominate a sum insured for your building
-
Contents cover
View more details.
The sum insured is the maximum amount your insurer will pay to replace your contents. You should set it to the cost of replacing all of your belongings. If a policy has an underinsurance safety net (also called "gap cover") the insurer will pay a percentage above your sum insured if necessary.
- Nominate a sum insured for your contents
Specify a sum insured for each item worth more than $20,000 -
Legal liability
View more details.
Cover for when a member of your household is responsible for damage to or loss of another's property, or another person's injury or death. Building insurance usually covers you at home, while contents insurance covers you away from home.
- Up to $20 million
Cover for people named on the policy, plus their family members living with them
Cover for incidents in Australia (and overseas for 90 days) -
Pay-by-the-month charge
View more details.
Does this insurer impose an extra administration fee for paying monthly? This is sometimes described as a discount for paying annually, but it amounts to the same thing.
- No
-
ACT price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the territory. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$
-
NSW price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the state. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$
-
NT price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the territory. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$$
-
North Queensland price comparison
View more details.
North Queensland means north of the Tropic of Capricorn. The fewer dollar signs, the cheaper the policy compared to other products available in the region. "N/A' means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$$
-
South Queensland price comparison
View more details.
South Queensland means south of the Tropic of Capricorn. The fewer dollar signs, the cheaper the policy compared to other products available in the region. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$$
-
SA price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the state. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$
-
Tasmania price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the state. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$$
-
Victoria price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the state. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$
-
WA price comparison
View more details.
The fewer dollar signs, the cheaper the policy compared to other products available in the state. "N/A" means the insurer doesn't operate here, or doesn't participate in the premium sharing program we use to collect pricing data.
- $$$$
- Available in the ACT
- Yes
- Available in South Australia
- Yes
- Available in Tasmania
- Yes
- Available in Victoria
- Yes
- Available in the NT
- Yes
-
Available in Western Australia
View more details.
North WA means north of the Tropic of Capricorn.
- Yes
-
Available in Queensland
View more details.
North Queensland means north of the Tropic of Capricorn.
- Yes
- Available in NSW
- Yes
-
Accidental damage
View more details.
Cover for accidental damage to your building and/or insured items at the home.
- No
-
Fire
View more details.
Cover for damage caused by fire and its by-products (smoke, soot, ash, etc). Waiting periods for bushfire may apply, unless you are switching from another policy with equivalent cover with no change in sum insured.
- Covers fire, bushfire and grassfire
-
Explosion
View more details.
In some policies the actual exploding object is not covered.
- Yes
-
Theft
View more details.
Cover for theft or burglary from your home. Most insurers require you to make a police report.
- Covers theft, burglary, break-in, attempted theft, attempted burglary and attempted break-in
No cover for theft by tenants
Up to $1000 for security firm callout if monitored alarm set off (must have evidence of attempted burglary)
Up to $5000 for stolen credit/ATM card fraud -
Breakage
View more details.
Damage to easily broken objects like mirrors. Not to be confused with accidental damage, which is a broader level of cover.
- Yes
-
Escape of liquid
View more details.
From pipes, tanks, pools, spas, baths/basins, aquariums, waterbeds etc. Excludes faulty workmanship or leaks that cause damage over time.
- Yes
-
Impact damage
View more details.
Cover if a tree falls on your house or a car crashes into your front room, for example. Some insurers that cover animal damage do so under this event.
- Yes
-
Vandalism
View more details.
May also be called "malicious damage". Some insurers also classify "riot" as a separate event.
- Yes
-
Flood
View more details.
Flood as per the standard industry-wide definition. Waiting periods may apply unless you are switching from another policy with equivalent cover with no change in sum insured.
- Yes
-
Storm and cyclone
View more details.
Waiting periods may apply unless you are switching from another policy with equivalent cover with no change in sum insured.
- Yes
-
Storm surge
View more details.
Where the sea level rises as a result of a storm. You may also have to claim for storm damage or flood for this to be covered. Some insurers only cover in the event of cyclone. If this is important cover for you, check the PDS.
- No (Covered in NT)
-
Action of the sea
View more details.
This usually covers the normal movements of the sea, including damage from king high tides, water erosion, etc.
- No
-
Earthquake
View more details.
Earthquake cover often comes with an additional excess of $300 or more. Check your PDS for details.
- Yes
-
Tsunami
View more details.
Products that cover tsunami usually include it under earthquake cover, and often comes with an additional excess of $300 or more. Check your PDS for details.
- Yes
-
Animal damage
View more details.
This cover often comes with a range of exclusions - insect damage or damage caused by your pets typically isn't covered, for example.
- Yes
-
Out-of-hours claiming
View more details.
The easiest ways to begin a claim outside business hours. All insurers have a phone line you can call during the day, and some insurers still have in-branch claiming.
- Online and 24/7 phone
-
How the insurer can settle your claim
View more details.
Insurers will settle your claim in one of three ways.
- Repair damaged property
Replace damaged property
Pay you the property's replacement value, up to your sum insured or other sublimits -
Cash settlement for building claims
View more details.
How much will you get in a cash settlement? How a cash payout is calculated can depend on whether you request it or the insurer offers it. Customer cost: The insurer will pay what it will reasonably cost you to repair/replace your property. Insurer cost: The insure will pay what it would cost them. This offer may take into account trade discounts the insurer can access, leaving you out of pocket.
- Customer cost
-
Cash settlement for contents claims
View more details.
How much will you get in a cash settlement? How a cash payout is calculated can depend on whether you request it or the insurer offers it. Non-cash alternatives might include gift cards, pre-paid debit cards, store credit, etc. Customer cost: The insurer will pay what it will reasonably cost you to repair/replace your contents. Insurer cost: The insurer will pay what it would cost them. This offer may take into account trade discounts the insurer can access, leaving you out of pocket.
- Customer cost
-
New for old contents replacement
View more details.
All insurers promise to replace contents with equivalent new items, although some policies have exceptions.
- Yes
-
Motor burnout
View more details.
Cover for burnout of motors that are part of your building, eg automatic garage doors or air conditioner units. Motors in contents are also frequently covered, eg washing machines. Also called motor fusion.
- Motors up to 15 years
-
Keys and locks after break-in
View more details.
Cover for replacing locks and re-coding electronic keys after a break-in or theft of the keys. Policies usually stipulate you report the break-in to the police.
- Up to $1000 overall
-
Gardens and landscaping
View more details.
Typically includes trees, shrubs, etc planted in the ground. Lawns are usually excluded. Potted plants are usually defined as contents, and treated separately.
- Up to $750 overall
Cover for fire, malicious damage, theft and vehicle damage -
Costs to comply with building regulations
View more details.
During rebuilding, in the event of total loss.
- Reasonable cost
Optional -
Professional fees
View more details.
Cover the cost of professionals such as surveyors, engineers and architects.
- Up to 10% sum insured overall
Paid on top of sum insured -
Mortgage discharge fees
View more details.
Fees your bank might charge for early payment of your mortgage in the event of the total loss of your building.
- Reasonable cost
Paid on top of sum insured -
Debris removal and demolition
View more details.
To demolish and remove debris after an insured event. Cover also applies to contents claims unless specified.
- Up to 10% sum insured overall
Paid on top of sum insured -
Temporary accommodation
View more details.
If your home is uninhabitable after an insured event.
- Up to 12 months or 10% building sum insured overall
Paid on top of sum insured
Covers pet boarding
-
Cover for unspecified portable contents
View more details.
Cover for unspecified portable items such as jewellery, phones and sporting equipment. Some insurers will cover general contents away from home, while others cover a limited range of items (check the PDS for specifics). You may be covered for accidental loss and damage, on top of the usual list of insured events. In some cases you will pay a reduced excess.
- Default cover:
Covers some items for limited insured events (not accidental loss/damage)
Up to contents sum insured overall
Up to $2500 per battery-powered item and valuable item, collection, pair, set or system
Up to $3000 per item, collection, pair, set or system of sporting equipment
Covered anywhere for up to 90 days in Australia and New Zealand
Contents excess applies
Optional extra:
Covers some items for accidental loss/damage
Nominate a portable contents sum insured
Up to $2500 per battery-powered item and valuable item, collection, pair, set or system
Up to $3000 per item, collection, pair, set or system of sporting equipment
Covered anywhere in Australia, New Zealand, and for up to 90 days in rest of the world
$250 excess -
Optional cover for individual portable valuables
View more details.
For an extra premium you can insure individual portable valuables against accidental loss or damage. Individually listed items are insured for their replacement value and will be shown on your certificate of insurance. Your insurer may require you to list something if it is worth more than the item limit for "unspecified" portable contents. Some insurers will only cover certain items if you specify them, such as phones.
- Cover for accidental loss/damage
Covered anywhere in Australia, New Zealand, and for up to 90 days in rest of the world
$250 excess -
Contents in the open air
View more details.
Open air usually includes any area on your property that is exposed to the elements, but may also include unlockable areas like a garden shed. Each insurer has different definitions, so check with them for restrictions.
- Up to $2000 overall
Cover for attempted theft, flood, rainwater, storm, theft and wind -
Jewellery
View more details.
Limits for unlisted jewellery at the home. If you want a higher level of cover or need cover away from home, see listed valuables cover above.
- Up to 20% sum insured or $5000 overall
Up to $2500 per item, set, collection, system or pair -
Artworks
View more details.
Cover for unlisted works of art. If you want a higher level of cover, you may be able to specifically list individual items.
- Up to sum insured overall
Up to $20,000 per item, set, collection, system or pair -
Collections (e.g. stamps, coins)
View more details.
Cover for unlisted collections (eg coins, stamps). If you want a higher level of cover you may be able to specifically list the collection. In some cases cover may depend on the type of collection, so check the PDS.
- Up to sum insured overall
Up to $20,000 per item, set, collection, system or pair -
Digital media
View more details.
Cover for contents such as digital media, software, and storage (e.g. discs, drives).
- Up to $20,000 overall
-
Spoiled food
View more details.
Typically you won't pay the full excess unless it is as a result of an insured event (in which case you'll probably be claiming for other damages).
- Up to $500 overall
Cover for insured events; failure of public electricity supply and disconnection of electricity supply as a result of fire, explosion, landslide, subsidence, storm, flood, rainwater or wind -
Visitors' contents
View more details.
Cover for your visitors' belongings if they are lost or damaged in an insured event. Standard exclusions and restrictions will apply.
- Up to $5000 overall
-
Pet cover
View more details.
Some policies will cover your vet bills in certain circumstances.
- Up to $500 overall
Cover for motor vehicle injury -
Overlapping cover at a new house
View more details.
Let your insurer know you're moving house and they may cover your contents at both properties during the moving process.
- Up to 14 days cover at both addresses
-
Cover for contents while moving house
View more details.
Cover while moving your contents to a new home. Usually only covers your contents while they're in the moving truck, not while you're loading in or out.
- Up to $10,000 overall
Cover for collision or overturning of removal vehicle, fire and theft of removal vehicle involving violent or forcible entry