Who is the cheapest house insurance in Australia?

Who is cheapest house insurance in Australia in 2025-2026 according to Canstar, Finder and ProductReview is Budget Direct cheapest $1,000 to $1,200 per year for $500K building plus $300 to $400 for $80K contents total $1,300 to $1,600 for combined $500K building plus $80K contents, followed by Youi $1,200 to $1,500 building plus $300 to $500 contents total $1,500 to $2,000, Virgin Money $1,200 to $1,400 building plus $300 to $400 contents total $1,500 to $1,800 and ING $1,200 to $1,500 building plus $300 to $400 contents total $1,500 to $1,900, versus average $1,500 to $2,500 and most expensive NRMA $1,400 to $1,800 building plus $500 to $700 contents total $1,900 to $2,500 and Allianz $1,300 to $1,700 building plus $400 to $600 contents total $1,700 to $2,300. Cheapest house insurance for $500K building plus $80K contents for average 3 bed house 150 sqm is Budget Direct $1,300 to $1,600 per year total with $20M public liability, excess $500 to $1,000, covering fire $500K rebuild, storm $10K to $50K, flood optional $20K to $50K, theft $5K to $20K and vandalism $2K to $10K, with online discount 15% and higher excess $1,000 saving $100 per year versus average $2,000. Youi second cheapest $1,500 to $2,000 total with flexible excess and good service 4.3 stars. So cheapest house insurance company is Budget Direct $1,300 to $1,600 per year for $500K building plus $80K contents, Youi $1,500 to $2,000, Virgin $1,500 to $1,800 and ING $1,500 to $1,900, with Budget Direct cheapest due to online discount and higher excess, but check flood inclusion and sum insured accuracy as cheapest may have flood excluded in high-risk zone requiring flood optional extra 10% to 20% $100 to $200 extra.