Home Insurance Melbourne
Home Insurance Broker - Learn more about how we can protect your home and contents
Home Insurance Melbourne
Home Insurance Broker - Learn more about how we can protect your home and contents
Home Insurance Melbourne using a Home Insurance Broker
At Morgan Insurance Brokers, we make securing home insurance in Melbourne simple and personalised. We compare policies from multiple insurers to find cover that truly fits your property and needs never a one-size-fits-all option. Because we understand local risks, from weather events to building requirements, we can guide you toward the right protection and help you avoid underinsurance.
We’ll walk you through the differences between policies in plain language and support you if you ever need to make a claim. With me as your broker, you save time, gain clarity, and get confidence knowing your home is properly protected.
What does Home Insurance Cover?
Home Building & Contents Insurance packs can offer general protection which may include cover against:
What's Typically Covered
Accidental Damage
Vandalism
Impact
Theft
Landslide
Storm
Lightning
Wind
Earthquake
Hail
Fire
Electronic Breakdown
Flood
Water Run Off
Cyclone
How Morgan Insurance Brokers helps you find the best Home Insurance Cover
Morgan Insurance Brokers helps by taking the stress and guesswork out of arranging home insurance. Here’s how:
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Personalised advice: We take the time to understand your property, budget, and needs so you don’t end up with generic or unsuitable cover.
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Policy comparisons: Instead of you searching dozens of insurers, we compare options on your behalf to find the strongest protection and best value.
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Local expertise: We understand Melbourne’s unique risks, storms, bushfire zones, building requirements so your policy is tailored correctly.
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Clear explanations: We break down complex insurance terms so you know exactly what you’re getting.
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Claims support: If something goes wrong, we step in to guide you through the claims process and advocate for the best outcome.
With Morgan Insurance Brokers, you get confidence, convenience, and cover that actually fits your home.
What is typically not covered under a Home Insurance policy?
War & Terrorism
Old Age
Wear and Tear
Action of the sea
Deliberate Acts By You
Rust & Mold
Insect, Bird, or Rodent Damage
Optional Accidental Damage Cover
Frequently Asked Questions
Increasing your excess will decrease your annual premium. However, the frequency of claims due to natural weather events of late could find yourself worse off if you opt for a higher excess.
Morgan Insurance Brokers always recommends a comprehensive accidental damage policy which automatically protects your jewellery items away from the home – subject to policy sublimits and conditions.
Morgan Insurance Brokers has access to a panel of home insurers that include Allianz, CGU, QBE, Hollard, Blue Zebra, Chubb & Mansions.
If we have all the information required in order to approach our panel of approved insurers, we could obtain quotes for you on the same day. If your requirements need further sign off by the insurer, it could take slightly longer.
A few insurers on our panel do apply disccounts if you have other policies insured with them. However, as your Insurance Broker, we approach multiple insurers on your behalf. We find that the same insurer for your home, may not be as competitive for your motor vehicle. for example. Placing cover with different insurers is usually more cost effective than having multiple policies with the same insurer.
Monthly Instalments is available for home insurance.
Most home insurers have a 60 or 90 day unoccupancy clause which means that your property can be vacant for this period of time without having an impact on your insurance. If you think you’re going to exceed this time frame, please advise us.
A Policy Wording/ Product Disclosure Statement, or PDS contains your insurance policy terms and conditions, policy coverages and exclusions, your requirements as a policy holder, and also the insurer’s requirements when entering into an insurance contract. These can be very lengthy, and hard to understand. Morgan Insurance Brokers can guide you through decifering the document so you know exactly what you’re covered for.
A Target Market Determination (TMD) sets out who an insurance product is appropriate for. It also contains conditions around how the insurance product can be distributed.
Your building sum insured should reflect the replacement cost if the property was to burn down. Always think worse case scenario. Other factors in determining the replacement cost is professional fees and removal of debris. These should be in additional to the cost to rebuild. The figure will not be the market value of your property, and it won’t be the market value, less the land value.
For a closer figure, we recommend using a building sum insured calculator which can be accessed here:
Flood Cover is standardly included in home insurance policies, with the rare except to opt out.
Flood is defined as:
The covering of normally dry land by water that has escaped or been released from the normal confines of:Â
- any lake
- or any river
- creek
- or other natural watercourse whether or not altered or modified; or
- any reservoir
- canal
- dam.
See More here: The Insurance Council Of Australia’s Definition of Flood Insurance Page
Most home insurers have a 60 or 90 day unoccupancy clause where they will permit your home to be vacant for this duration without any penalty. If your property is unoccupied for more than this period and a claim were to occur, you could find yourself uninsured.
If your property was damaged and the portion of your property was damaged contained asbestos material, your insurer could contribute to the costs incurred to remove the asbestos. It is important to disclose if your property containts asbestos as not all insurers will cover you and subsequently could deny claims because of this.
Subletting is excluded under a home insurance policy and could void your cover.
Fixed Air-conditioning units and ducted air-conditioning systems are considered part of the building. If you have a portable air-conditioning unit, this will form part of your contents.
Solar Panels fall under the building definition. Therefore, your building sum insured should reflect the cost to replace your solar panels as well.
Removal of Debris is an amount that will be paid to clear, remove, demolish and debris from your property in the event of a fire, or other insured event. Some insurers automatically allow for an amount (10% – 20%) as an additional benefit under their policy wording, however, other insurers require you to have this amount included in your building sum insured under your policy.
For the take of a small amount of premium, it’s best that your building sum insured includes the costs of removing debris.
In most instances if there is damage to your building, you are permited to take a cash settlement of the repair figure and have the repairs completed by your own preferred trades.
The best home insurance is the insurance that will react and respond quickly to any damages to your property. The best home insurance is cost effective, comprehensive, and has an excellent claims servicing ability.
