✍️ PeaceCover Editorial Team 📅 September 2026 ⏱️ 5 min read
📌 Key Takeaway: SA's combined home and contents cover averages $2,061/year — the lowest of any state — though Adelaide Hills bushfire-prone areas pay a real premium loading.

Home Insurance in South Australia

South Australia has the lowest average home and contents premium of any state, at $2,061 a year — made up of about $1,763 for building and $483 for contents.

Cover TypeSA Average
Building$1,763/year
Contents$483/year
Combined$2,061/year

Why SA Runs Below the National Average

South Australia has comparatively lower cyclone, flood and severe-storm exposure than the eastern and northern states, which keeps base premiums lower across most of Adelaide and regional SA — though bushfire-prone areas in the Adelaide Hills and parts of the Mount Lofty Ranges still carry a real premium loading.

2026 Award-Winning Providers

AAMI, Allianz, Budget Direct, QBE, Suncorp and Westpac all took out national 2026 Canstar awards and are consistently competitive for South Australian addresses.

This page is for educational purposes and isn't personalised financial advice. Premiums, terms and eligibility vary by insurer, state and individual circumstances — always check the Product Disclosure Statement (PDS) before buying.