Vanessa

I have to renew my contents insurance - I am presently with AMMI but they are charging a fortune to cover my jewellery outside the home - puts the policy up to $1,300 a year (if we don't cover it it is $490) I don't have a great deal - about $30,000 worth, and obviously it is not all out at the same time. Its a really long process getting quotes and I realise that they vary with areas but has anyone else got jewellery cover on their contents insurance and paying less than this? Your recommendations would be gratefully received.

Nicstids

$30k sounds a lot to me!
We've just taken out contents insurance with CGU and I've just covered my engagement ring away from the home (only bit of half decent jewellery I've got lol). That is covered for $2500 and it put up our premium by $70 to $530 so I can see why yours is so much. Think you might be struggling to reduce it very much

moneypenny20

We have our buildings and contents, with accidental damage and extra for taking engagement ring, digital camera and camcorder away from the house, the contents are for about 60K. This is with RACQ and costs us under $800 a year - can't be exact because we only added the contents a short while ago.

tax_bloke

I've just signed up with the RAA - heaps cheaper than my last insurer with (I believe) cover for goods outside the house.

Vanessa

Thanks for your replies. Been doing some further research today and all pretty much a muchness. Got until the 27th to see if I can find cheaper.

thebears

We are also with AAMI and ours came in around $1100 including $A75K of jewellery.

Kiwi

northernbird

just taken a joint policy with Commonwealth Bank (I don't bank with them) for buildings ($350k rebuild) and $75k contents, includes accidental damage and my engagement ring $2k and mens and womens TAG watches at $2500 and $2000 covered separately. Cost $776 per year and no extra charge to pay by installments. As this was my first policy I got quotes from the world and his wife and this was the cheapest.

Vanessa

Is that for loss outside the home as well? Seems pretty cheap. How much contents are you covering for? Our total is $115,000.

lesleys

We used Australian Unity for high value contents.

thebears

$135,000 - Think the deal might be cheap because it was offered through my bank as a package.

Not sure about the loss outside home - this is what we had as standard in the UK. But for this coming year we do not intend flashing $10K watches and rings around the street. Rather sitting out the year recouping all the migration costs

By the way Vanessa you are only just up the road - do you want to meet up when the family come down from Sydney? Giving them my details to catch up Monday or Tuesday next week for friendly cuppa. PM me.