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This a sponsored guest post by Sophie Ryan, iSelect Spokesperson

Spring has arrived, the weather is warming up and COVID-19 lockdowns are a thing of the past (fingers crossed). This, combined with the upcoming September school holidays, might have you planning a family getaway to explore more of this wide brown land you now call home!

But before you turn on your ‘out of office’ and pack up the car, here’s two important things to consider before heading off.

Home and Contents Insurance

We know preparing for a trip can be both exciting and a bit stressful. So, thinking about whether your home will be safe and secure while you’re away is probably the last thing on your mind.

Regardless of whether you’re just heading off for a couple of days or for a few weeks, checking you have adequate Home and Contents Insurance could save you thousands of dollars if an unfortunate event occurs while you’re enjoying that hard-earned break. This can include theft or damage due to storms, floods or fire.

If you’re unfamiliar with Home and Contents Insurance, let’s break it down.

Home and Contents Insurance is a combined policy which may help cover the cost to repair damage to your home after an insured event, such as a storm, fire or flood. Contents insurance can help provide cover for certain possessions, like clothes, furniture, and appliances if they’re damaged or stolen. If you’re a renter, it’s unlikely you’ll need to insure the property yourself, but it may be worth considering insuring your possessions with Contents Insurance.

If you already have a policy, when was the last time you reviewed it? Maybe you’ve bought a new computer or a smart TV since you took it out? Perhaps you’ve done some home renovations? Consider reviewing your policy regularly in case the value of your home and contents has changed.

A hand making a heart shape to capture the sunset in Australia

Car Insurance

If you’re planning to clock up some kilometres exploring this great southern land, it may be important to think about car insurance.

Let’s start with Compulsory Third Party (or CTP) Insurance. This type of insurance covers other people (like pedestrians, cyclists or passengers) injured in a motor vehicle crash found to be your fault or the fault of someone else driving your vehicle. It can help cover the costs for things like rehabilitation, medical treatment, and income support payments. As the name suggests, this type of insurance is compulsory in Australia and is generally included in your car registration cost (unless you’re in New South Wales, where you buy it separately)[1].

So, do you need additional insurance on top of CTP? Well, it may be a good idea for anyone who owns a vehicle to consider this. For example, buying Comprehensive Car Insurance can help give you peace of mind knowing that if your vehicle is stolen or involved in a crash, the cost of any damage, as well as the cost of damages to a third party’s car or property, may be covered.

So, whether you’re eager to explore more of Australia by road in the future or take a trip with the family these upcoming school holidays, it may be a good idea to keep Home and Contents Insurance and Car Insurance in mind.

We know it can seem confusing, but it really doesn’t have to be. Save time and effort by comparing from a range of insurers and policies with a comparison service such as iSelect*.

iSelect Home & Contents disclaimer

*iSelect General Pty Ltd ABN 90 131 798 126, AFS Licence Number 334115. iSelect does not compare all home and contents insurers in the market. The availability of policies may change from time to time. Not all policies made available from iSelect’s providers are compared by iSelect and due to commercial arrangements, area or availability, not all policies compared by iSelect will be available to all customers. Some policies are only available from iSelect’s call centre or online. We receive a commission for each policy sold through iSelect.

Any advice provided by iSelect on this website is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect’s advice or purchasing any policy. You should consider iSelect’s Financial Services Guide which provides information about our services and your rights as a client of iSelect. iSelect receives commission for each policy sold

Click here to view iSelect’s range of providers.

iSelect Car Insurance disclaimer

*iSelect does not compare all car insurers or policies in the market and not all policies or special offers are available at all times, through all channels or in all areas. Not all policies available from our providers are compared by iSelect and due to commercial arrangements and customer circumstances, not all policies compared by iSelect are available to all customers. Learn more.

[1] Sources: https://moneysmart.gov.au/car-insurance/choosing-car-insurance & Top CTP questions answered | QBE AU