When comparing home insurance in Geelong, check whether the policy covers storm, hail, flood, escape of water and other risks relevant to your property and location. Confirm the sum insured reflects current rebuilding costs, including demolition, debris removal and professional fees, rather than just the home's market value. Read the Product Disclosure Statement for exclusions, excesses, limits and conditions, particularly for flood-prone areas or properties near the coast. Premiums and eligibility vary between insurers, so obtain several quotes and contact the insurer or a licensed insurance adviser if you are unsure about the cover.