TIO Home Contents Insurance is designed to cover the cost of repair or replacement of your contents at your rental home when loss or damage is caused by insured events such as break-ins, fires (including bushfire and grassfire), storm surge1, cyclone1, impact damage such as a fallen tree as well as accidental breakage of glass and more.
This is a summary only. For full details of the standard conditions, limits and exclusions on all our cover options please refer to the Product Disclosure Statement, Key Fact Sheets and any supplementary PDS (where applicable).
This is a summary only. For full details of the standard conditions, limits and exclusions on all our cover options please refer to the Product Disclosure Statement, Key Facts Sheet and any supplementary PDS (where applicable).
When you take out contents insurance, it’s important that the amount you’re insured for accurately reflects the cost to replace your contents. This is because you might have to pay the difference out of your own pocket if you’re insured for less than the replacement value of your contents.
Disclaimer: The calculators will estimate a replacement cost by using the general information about your home buildings and contents provided by you. The estimate may not be appropriate for you and you’ll need to assess its suitability given your knowledge of your property and contents.
It’s your responsibility to ensure that the level of cover will be adequate to repair or replace your buildings and home contents in the event of a covered claim.
If you’re renting or a tenant, contents insurance can cover the cost of repairing or replacing your belongings (such as furniture, whitegoods, electrical appliances or clothing) if they are damaged, stolen or lost. If you are unsure of the value of your belongings, you can use our contents calculator to help estimate the amount.
The calculator will estimate a replacement cost by using the general information about your contents provided by you. The estimate may not be appropriate for you and you will need to assess its suitability given your knowledge of your contents. It is your responsibility to ensure that the level of cover you choose will be adequate to replace your contents in the event of a covered claim. Terms, conditions, limits and exclusions apply.
Before making a decision, please consider the relevant Product Disclosure Statement (PDS)/Policy Wording and Supplementary PDS (where applicable) and Home Contents Key Fact Sheet, which is also available for reference.
If you have contents insurance, here are some examples of how contents insurance can work if you suffer an insured loss:
^This is a limited summary only. Please refer to the PDS for a full list of policy exclusions.
TIO is based in Darwin and our strength lies in our solid understanding of the conditions faced within the Territory year after year.
1. 72-hour exclusion period for loss or damage occurring from cyclones, storm surge or floods.
We don’t provide cover for any loss of or damage to your property caused by cyclone, flood, or storm surge, during the first 72 hours after you first take out or increase the cover under an existing policy. For full details of conditions and exclusions, refer to the relevant PDS.
2. Alternative accommodation
Based on your building’s rentable value prior to the damage, up to 10% of Contents sum insured, up to a maximum of 12 months and up to $500 for your pets. This is a benefit we pay in addition to your contents sum insured. No excess applies to this benefit.
3. Portable Contents
Some portable contents must be specified on your policy schedule as Listed Portable Contents in order to be covered.