If you own a free standing home in Cambewarra Village, NSW 2540, you'll know it's a peaceful semi-rural locality nestled in the Shoalhaven region — but peaceful doesn't always mean cheap when it comes to home insurance. This article breaks down a real home and contents insurance quote for a four-bedroom property in the area, compares it against suburb, state, and national benchmarks, and offers practical tips to help you get the best value cover.
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Is This Quote Fair?
The quote in question comes in at $2,181 per year (or $231 per month) for combined home and contents cover, with a building sum insured of $882,000 and contents valued at $69,000. The building excess is set at $4,000, while the contents excess sits at $1,000.
Our price rating for this quote is FAIR — Around Average, and the numbers back that up. The suburb average premium for Cambewarra Village is $2,183 per year, meaning this quote lands almost exactly on the local benchmark. The suburb median is slightly lower at $2,139 per year, so there may be a small amount of room to shop around — but broadly speaking, this is a competitive and reasonable quote for the property type and location.
It's worth noting that the building excess of $4,000 is on the higher side. A higher excess typically reduces your annual premium, so if you were to lower that excess, you'd likely see the annual cost rise. Keep that trade-off in mind when comparing policies.
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How Cambewarra Village Compares
One of the most striking things about this quote is how well Cambewarra Village stacks up against broader benchmarks. Let's put it in context:
| Benchmark | Premium |
|---|---|
| This Quote | $2,181/yr |
| Cambewarra Village Average | $2,183/yr |
| Cambewarra Village Median | $2,139/yr |
| Shoalhaven LGA Average | $2,613/yr |
| NSW Average | $9,528/yr |
| NSW Median | $3,770/yr |
| National Average | $5,347/yr |
| National Median | $2,764/yr |
The NSW state average of $9,528 per year is dramatically higher than what homeowners in Cambewarra Village are typically paying — though this figure is heavily skewed by high-risk and high-value properties across the state. The NSW median of $3,770 is a more realistic comparison point, and even then, this quote comes in well below it.
Compared to the national average of $5,347/yr and the national median of $2,764/yr, Cambewarra Village homeowners are generally paying less than their counterparts across Australia — a positive sign for the area's overall risk profile.
You can explore more localised data on the Cambewarra Village insurance stats page or browse NSW-wide home insurance statistics for a broader picture.
> Note: The suburb sample size for this analysis is 14 quotes, which is a relatively small dataset. Averages may shift as more data becomes available, so treat these figures as a useful guide rather than a definitive market rate.
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Property Features That Affect Your Premium
Every home is different, and insurers assess a range of property characteristics when calculating your premium. Here's how the features of this particular property are likely to influence the cost of cover:
Brick Veneer Walls Brick veneer is one of the most common external wall materials in Australia and is generally viewed favourably by insurers. It offers solid fire resistance and structural durability, which can contribute to lower premiums compared to timber-framed or weatherboard homes.
Tiled Roof A tiled roof is considered a low-to-moderate risk roofing material. Tiles are durable and long-lasting, though they can be more expensive to repair or replace than Colorbond, which is worth considering when setting your sum insured.
Slab Foundation A concrete slab foundation is standard for homes built in this era and region. It's a stable, low-maintenance foundation type that doesn't carry the subsidence or moisture risks sometimes associated with older stumped or timber-framed subfloors.
Timber and Laminate Flooring Timber and laminate floors are popular for their aesthetics but can be costly to replace after water damage or flooding. Ensuring your contents and building cover adequately accounts for floor replacement is important.
Above Average Fittings Quality This property is noted as having above-average fittings — think quality kitchen appliances, premium fixtures, and higher-end finishes. This directly influences the building sum insured and means the $882,000 cover figure is likely well-justified. Under-insuring a home with quality fittings is a common and costly mistake.
Solar Panels Solar panels add value to a property but also add complexity to an insurance claim. It's essential to confirm that your policy explicitly covers solar panels as part of the building — some insurers treat them as an optional add-on or exclude storm and hail damage. Given the investment involved, this is worth clarifying with your insurer.
Ducted Climate Control Ducted air conditioning systems are expensive to repair or replace. At an above-average fittings quality level, this system should be factored into your building sum insured to avoid being caught short in the event of a claim.
Construction Year: 1989 A home built in 1989 is now over 35 years old. While it's well within the range of insurable properties, older homes may have ageing electrical wiring, plumbing, or roofing that could increase claim likelihood. Some insurers may require a building inspection for properties of this age, particularly if significant renovations haven't been carried out.
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Tips for Homeowners in Cambewarra Village
1. Review your solar panel coverage carefully Don't assume your solar panels are automatically covered under your building policy. Ask your insurer specifically whether panels are included, and check whether coverage extends to storm damage, hail, and accidental breakage. The Shoalhaven region can experience severe weather events, so this isn't a minor detail.
2. Reassess your sum insured regularly With above-average fittings and a home of this size, the cost to rebuild can increase significantly over time due to rising construction costs and labour shortages. Review your $882,000 building sum insured at least annually and use a building cost calculator to make sure you're not underinsured.
3. Consider whether your excess is working for you The $4,000 building excess on this policy is relatively high. While it reduces your premium, it also means you'd need to cover the first $4,000 of any building claim out of pocket. If your financial buffer has changed, it may be worth comparing quotes with a lower excess to find the right balance.
4. Shop around at renewal time This quote is rated as fair — around the suburb average — but that doesn't mean it's the best available. The 25th percentile for Cambewarra Village sits at $1,722 per year, suggesting some homeowners in the area are paying notably less. Comparing multiple quotes at renewal could uncover meaningful savings without sacrificing cover quality.
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Compare Home Insurance Quotes in Cambewarra Village
Whether you're reviewing an existing policy or shopping for cover for the first time, it pays to compare. CoverClub makes it easy to get home and contents insurance quotes tailored to your property in Cambewarra Village. Start your quote today at CoverClub and see how your premium stacks up against the market — in just a few minutes.