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Can you insure personal items?

Asked by Anonymous Oct 12, 2026 7 views 1 answers
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Answered Oct 13, 2026
Can you insure personal items in Australia, yes you can insure personal items $5K to $50K including jewellery, electronics, clothing, sports equipment and personal belongings via contents insurance $300 to $800 per year for $30K to $80K contents inside home, plus personal possessions optional extra $50 to $150 per year for $5K to $20K cover away from home. You can insure personal items like jewellery $2K to $10K, watches $1K, electronics like phones $1K and laptops $2K, clothing $5K, bags $500, sports equipment $1K and musical instruments $1K via contents insurance $300 to $800 per year for $30K to $80K sum insured covering theft, fire, storm and accidental damage inside home. For cover outside home, you need personal possessions cover $50 to $150 per year extra for $5K to $20K cover for theft, loss and accidental damage away from home, including worldwide $5K to $10K. For example, contents $80K for 2 bed flat includes personal items inside home $80K, but if phone $1K stolen at café outside, personal possessions $5K cover $50 per year covers $1K claim minus excess $100. For high value items over $1K like jewellery $10K, you need specified personal possessions $10K cover $100 per year with valuation. So yes you can insure personal items $5K to $50K via contents $300 to $800 per year inside home, plus personal possessions $50 to $150 per year for $5K to $20K away from home, essential for jewellery $10K and electronics $3K outside home, with excess $100 and worldwide cover.
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