What Is Contents Insurance and What Is Included?

Should I consider contents insurance?

It’s not until things go wrong that you realise how expensive it can be to replace your belongings. Contents insurance can protect you against the cost of replacing your possessions if a major disaster hits such as a fire, storm, malicious damage or theft.

What is included in CHU’s Contents Insurance?

CHU’s Contents Insurance covers contents on a replacement (new for old) basis against loss or damage from specified events including household and personal items from computers, televisions, electrical appliances and sound systems to jewellery, clothing, furniture and even important documents, works of art and musical instruments. Your policy even offers coverage for some unspecified high risk outdoor items like your bike and tools of trade.

If your home unit becomes unfit to live in, we will cover reasonable accommodation costs as an added benefit paid in addition to your contents sum insured.

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Doesn’t strata building insurance cover me?

No. Strata building insurance is arranged by the owners corporation and only covers the building structure and shared property. Contents insurance is required to protect your personal belongings inside your lot.

What if I move house?

The beauty of CHU Contents Insurance is that you can take it with you. Simply take out a 12-month CHU Contents Insurance and notify CHU of your new address when you move. We even cover your goods on move day.

Is it just my possessions that are covered?

Your CHU Contents Insurance doesn’t just cover your possessions. Legal liability cover is included with your contents cover. CHU will cover you for bodily injury or death and loss or damage to another person’s property with a sum insured of $30M.

How much contents insurance do I need?

How much cover you need will depend on what kind of strata property you own or inhabit and where exactly you live. So the best way to get a realistic idea, while making sure you haven’t overlooked any potential costs, is to head to the CHU Contents Insurance Calculator.

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Contents Insurance FAQs

It covers your belongings — like furniture, electronics, clothing, and appliances — against events such as storm, theft, fire, and water damage. It also includes legal liability cover.

Strata insurance is arranged by the owners corporation and covers the building structure and shared property. Contents insurance protects your personal belongings inside your lot.

Yes. You’re covered for up to 60 days during your move, and you can easily update your policy with your new address.

Yes, a refund may be available. We can also assist if you are changing this from a Contents to a Landlord policy, if you are now getting tenants to occupy the residence. Just let our team know and we can help. Click on the chat bubble at the bottom right of your screen to send us a Live Chat.

What is Contents Insurance?

Should I consider contents insurance?

What is included in CHU’s Contents Insurance?

Doesn’t strata building insurance cover me?

What if I move house?

Is it just my possessions that are covered?

How much contents insurance do I need?

Ready to protect your items?

Contents Insurance FAQs

What is Contents Insurance?

Should I consider contents insurance?

What is included in CHU’s Contents Insurance?

Doesn’t strata building insurance cover me?

What if I move house?

Is it just my possessions that are covered?

How much contents insurance do I need?

Ready to protect your items?

Contents Insurance FAQs

What does CHU Contents Insurance cover?

What’s the difference between strata insurance and contents insurance?

Can I take my contents cover with me when I move?

Can I cancel my Contents Insurance at any time?