Beverly Hills in Sydney's south is a well-established suburb known for its tree-lined streets, solid mid-century homes, and strong community feel. For owners of a free standing home in postcode 2222, understanding what you should be paying for home and contents insurance — and whether your current quote is competitive — can make a real difference to your household budget. This article breaks down a recent quote for a four-bedroom, double brick home in Beverly Hills and puts the numbers into context.
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Is This Quote Fair?
The annual premium on this quote comes in at $2,351 per year (or $225 per month), covering both building and contents for a sum insured of $679,000 on the building and $50,000 on contents, each with a $1,000 excess.
Our price rating for this quote is CHEAP — Below Average, which is great news for the homeowner. To put that in perspective:
- The NSW state average premium is $9,528/yr, and the median sits at $3,770/yr
- The national average is $5,347/yr, with a national median of $2,764/yr
- The Georges River LGA average is $2,880/yr
At $2,351/yr, this quote sits comfortably below the LGA average, well under the NSW median, and meaningfully below the national median. In a climate where insurance premiums across Australia have been climbing sharply — driven by extreme weather events, inflation in building costs, and reinsurance pressures — securing a premium in this range is genuinely noteworthy.
It's worth noting that the $1,000 excess on both building and contents is fairly standard. Opting for a higher excess is one lever homeowners can pull to reduce premiums further, though it does increase out-of-pocket costs at claim time.
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How Beverly Hills Compares
Benchmarking your premium against suburb, state, and national data is one of the most useful things you can do as a homeowner. Here's how this quote stacks up:
| Benchmark | Annual Premium |
|---|---|
| This Quote | $2,351 |
| Georges River LGA Average | $2,880 |
| National Median | $2,764 |
| NSW Median | $3,770 |
| National Average | $5,347 |
| NSW Average | $9,528 |
The gap between the NSW average and median is striking — it signals that a relatively small number of very high-risk properties (often in flood or bushfire zones) are pulling the average up significantly. Beverly Hills, sitting within the Georges River LGA, benefits from being a predominantly urban, low-flood-risk suburb without the bushfire exposure that affects properties on Sydney's fringe.
You can explore more suburb-level data on the Beverly Hills insurance stats page, compare against the broader NSW insurance landscape, or see how the state stacks up against national benchmarks.
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Property Features That Affect Your Premium
Insurance underwriters assess risk at the property level, and several features of this home work in the owner's favour.
Double Brick Construction
Double brick is one of the most favoured wall materials from an insurance perspective. It's highly resistant to fire, wind, and impact damage compared to timber-framed or clad alternatives. Insurers generally view double brick homes as lower risk, which typically translates to more competitive premiums.
Tiled Roof
A terracotta or concrete tiled roof is considered durable and low-maintenance. While tiles can crack under significant hail impact, they perform well in fire conditions and have a long lifespan — both factors that underwriters look upon favourably compared to older materials like fibrous cement sheeting or corrugated iron in poor condition.
Stump Foundation
The property sits on stumps, which is common for homes of this era in the Georges River area. Stumped foundations can be a mixed signal for insurers — they allow good underfloor ventilation and make re-levelling straightforward, but they can be more susceptible to subsidence or movement over time. Homeowners should ensure their policy covers damage from foundation movement and periodically inspect stumps for deterioration.
Timber and Laminate Flooring
Timber and laminate floors are a contents consideration as much as a building one. They can be vulnerable to water damage, particularly from burst pipes or appliance leaks. Given the $50,000 contents sum insured, it's worth confirming whether floor coverings are captured under building or contents in your specific policy wording.
Ducted Climate Control
Ducted air conditioning systems are a significant fixed asset and are generally covered under building insurance. However, mechanical breakdown is often excluded from standard policies — a separate appliance protection add-on may be worth considering given the cost of replacing a full ducted system.
Construction Year: 1984
Homes built in the early 1980s are well past the 40-year mark. While double brick construction ages gracefully, older homes may have outdated electrical wiring, plumbing, or roofing materials that can increase risk. Some insurers apply age-related loadings or exclusions — it pays to read the Product Disclosure Statement carefully.
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Tips for Homeowners in Beverly Hills
1. Review your sum insured annually Building costs in Sydney have risen sharply over recent years. A sum insured of $679,000 for a 214 sqm home in Beverly Hills may be appropriate today, but it's worth checking against a current quantity surveyor estimate or using your insurer's building calculator each renewal to avoid being underinsured.
2. Check your stump condition If your home is on timber stumps, have them professionally inspected every few years. Deteriorating stumps can lead to structural movement, and some policies may limit cover if maintenance has been neglected. Concrete or steel restumping can also reduce your risk profile.
3. Understand what "contents" covers in your policy With $50,000 in contents cover, make sure you've accounted for everything — furniture, electronics, clothing, white goods, and valuables. Many homeowners underestimate their contents value. Consider whether you need portable contents cover for items taken outside the home.
4. Compare at renewal, not just when you first buy The insurance market shifts constantly. A premium that was competitive two years ago may no longer be the best available — or conversely, your current insurer may now be offering better value than alternatives. Use tools like CoverClub to benchmark your renewal quote before you simply accept it.
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Get a Better Deal on Home Insurance
Whether you're a long-time Beverly Hills resident or new to the area, it always pays to compare. CoverClub makes it easy to see what home and contents insurance should cost for your specific property — and whether your current quote is genuinely competitive. Get a quote today and find out if you're paying more than you need to.