Does my age affect my home insurance premium?

See all Home insurance FAQs

Last updated 13 January 2016


Yes. The age of the oldest policyholder is one of a number of factors taken into account when determining your home insurance premium.

You can find out more about how your premium is calculated on page 23 of the PDS.

 

Important information: Home Insurance is provided by Commonwealth Insurance Limited ABN 96 067 524 216 AFSL 235030 (CIL). CommInsure is a registered business name of CIL. CIL is a wholly owned non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 (The Bank). The Bank does not guarantee the obligations or performance of CIL or the products it offers. This information is provided by CIL and where we refer to ‘we’, 'us' and ‘our’, we mean CIL. You can download a Product Disclosure Statement (PDS) and Financial Services Guide (FSG) or call us on 13 2423 for a paper copy.

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