What's your excess?
The excess is the amount that you pay for each claim. The standard excess for an owner-occupied house is $400, but you can select a higher option and this will lower your premiums. You'll need to make sure you select an excess that's affordable if you need to make a claim.
There’s a $5,000 excess for things such as driveways, fences, pools and paths damaged by natural disasters that would replace your usual excess.