General insurance: Home & contents insurance

Written and accurate as at: 15 April 2021

For many, the recent devastating weather conditions have highlighted the importance and benefit of establishing an appropriate measure to mitigate a negative outcome. Insurance can often play a key role here.

General insurance insures against loss or damage to general items, like cars, houses and contents—it doesn’t include personal insurance and business insurance. Two common examples of general insurance are:

  • Home insurance. Covers you against loss or damage to your property and outbuildings due to events like fire, storms, and theft.
  • Contents insurance. Covers you against loss or damage to your property contents due to events like fire, storms, and theft.

Generally, home or contents insurance can be purchased separately or together.

Given the above, we share a Bureau of Meteorology video, which helps explain the recent weather conditions.