Home Insurance Calculators
Do you have enough insurance? Try these online calculators to know how much cover you need to rebuild your home or replace your belongings.
How much cover do I need?
Research has shown that 4 in 5 Aussie homeowners and renters could be underinsured, potentially leaving them without enough cover for their home and their belongings.*
Make sure you have enough insurance cover should the unexpected happen, from theft and burglary through to floods, fires and storms**, by using these calculators. Calculators are intended as a guide only.^
Home Building Insurance calculator
Estimate the cost to rebuild your house with the Home Building Insurance calculator.
Home Contents Insurance calculator
Estimate the replacement value of your home contents with the Contents Insurance calculator.
Landlord Contents Insurance calculator
Estimate the cost to replace the contents you provide for your tenants in your investment property.
More value from Bank of Melbourne Home Insurance
One less step
Sort out your banking and insurance together. Bank of Melbourne insurance, provided by Allianz.
Broad range of cover
Cover for flood, fire, theft, storm, cyclones and vandalism.**
Flexible payment options
Pay by the month at no extra cost.2
Award winning value
Bank of Melbourne has been recognised with the 2025 & 2024 Canstar Outstanding Value Insurance awards.
Tools & tips
Compare Home Insurance products
Cover your home and belongings in case of storms, floods, fire, theft and more.
Check out our helpful guides
The Detail
*Source: Insurance Council of Australia, November 2019
**A 72-hour exclusion period applies for loss or damage caused by cyclone, bushfires, grassfires, flood or flood water combined with run-off and rainwater.
^The Building and Contents calculators, provided by Allianz through a third-party provider, are intended as a guide only. For a more accurate rebuilding or replacement cost, consider obtaining a professional valuation from a licensed builder or professional valuer.
2Instalment premiums: If you choose to pay your premium by instalments you do not pay any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note: Your financial institution may apply transaction fees to instalment payments.
Product Disclosure Statements (PDS)
Home and Contents Insurance Product Disclosure Statement (PDF 995KB) (applicable to policies issued on or after 12 December 2021 or renewed on or after 22 November 2021)
For the standard terms, conditions and exclusions about our Home & Landlord Insurance, please refer to the relevant Product Disclosure Statement (PDS) and any supplementary PDS (if applicable). To see some of the events covered and not covered, please refer to our Key Fact Sheets (KFS).
Home and Contents and Landlord Insurance are issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Bank of Melbourne – a Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 arranges the initial issue of the insurance under a distribution arrangement with Allianz, but does not guarantee the insurance. This information does not take into account your personal circumstances. Before making a decision, please consider the relevant Product Disclosure Statement. For more information call 1800 825 866.
If you take out Home and Contents or Landlord Insurance with Allianz the Bank will receive a commission of up to 12% of the premium, excluding Government fees and charges, plus GST.
A target market determination has been made for this product. Please visit https://www.bankofmelbourne.com.au/tmd for the target market determination.
By selecting 'Get a quote' you will enter a third party site hosted by Allianz. Any personal information you provide to Allianz’s hosted site will be collected, used and disclosed in accordance with Allianz’s Privacy Statement and Privacy Policy.
Bank of Melbourne's Privacy Statement is available at bankofmelbourne.com.au/privacy/privacy-statement or by calling 13 22 66. It covers:
- How you can access the personal information Bank of Melbourne holds about you and ask for it to be corrected;
- How you can complain about a breach of the Privacy Act 1988 (Cth) or a registered Code by Bank of Melbourne and how Bank of Melbourne will deal with your complaint; and
- How Bank of Melbourne collect, hold, use and disclose your personal information in more detail.