The information on this page is for policies starting before 14 January 2025.
For Allianz Home Insurance policies starting from 14 January, flood cover will be included as standard and is no longer optional. For more details, see the relevant Product Disclosure Statement (PDS).
Our Home and Contents Insurance covers the cost of loss or damage to both your home building and home contents.
With this combined policy, you only need to pay one excess if your home and contents are damaged by the same insured event.
Below is a snapshot of some of our product features, benefits, and exclusions. For the full list of product inclusions and exclusions, we recommend reading the relevant Product Disclosure Statement (PDS).
Legal liability can cover you if a tree on your property falls and causes damage to your neighbours.
If a fire damages your kitchen, you could repair or rebuild built-in damaged parts, such as benchtops, and replace damaged items like kitchenware.
It’s important to make sure your home and contents cover matches the cost to rebuild your home and replace your belongings.
If you’re insured for less than the replacement value of your home and contents, you may have to pay the difference out of your own pocket. You may use calculators to help guide how much you should be insured for.
Your home building and contents can be covered for flood-related damage if you take out optional Flood cover, subject to eligibility.2
To find out if you’re eligible for Flood cover, get a quote online or call us on 13 1000.
If you currently hold a policy and would like to find out whether your Building and Contents Insurance policy currently has Flood cover, you can log onto My Allianz to check your policy documentation or call us on 13 1000.
You should tell us as soon as reasonably possible if during the period of insurance your building is in the course of construction or there are any alterations, additions, demolition, repairs to, or decorations of the building costing more than $75,000. If you don’t, we may refuse or reduce a claim under the policy to the extent we are prejudiced by the delay or the non-disclosure.
When we receive this information, we may:
Note: It’s also important that you increase your sum insured to take into account any extensions or renovations to make sure you’re adequately covered in the event of a Home Insurance claim.
The cost of your insurance is called a ‘premium’. Your premium will depend on a number of factors, and can change each year when you renew your policy. Your policy schedule will show the premium for each period of insurance.
Several factors determine your Allianz Home and Contents Insurance premium, including:
To find out the cost of insuring your home building and/or contents through Allianz, get a quote in minutes.
You must tell us as soon as reasonably possible if, during the period of insurance:
If you don’t provide this information as soon as reasonably possible, we may refuse or reduce a claim.
If you take both Building and Contents insurance, here’s how these covers can work together if you suffer an insured loss:
Plus, you’ll only have to pay one excess if your building and contents are damaged by the same insured event and you’ve combined them on one policy.
Accidental Damage cover insures you in the event of accidental unexpected mishaps that are caused unintentionally, for example if you’re moving furniture around the house and damage your wall (if you have Buildings cover) or if you have spilt a drink which causes damage to your carpet (if you have Contents cover).
Here are some examples of the sort of mishaps you’ll be covered for if you take out optional Accidental Damage cover:
If you have Building cover and:
If you have Contents cover and:
We’ll extend cover for your contents anywhere in Australia for up to 90 continuous days in one period of insurance.
Accidental Damage cover includes Motor Burnout. Read the PDS for the details of what’s covered.
Portable Contents cover allows you to insure items which you wear or carry with you outside your home (such as a handbag, wallet, sunglasses, jewellery or a musical instrument). You can choose from two types of Portable Contents cover – unlisted or listed – or you can choose both.
Unlisted Portable Contents
This option allows you to select a per item limit and per claim limit, e.g. up to $2,000 per item and $7,500 per claim. This means you don't have to specifically list your portable item. However, this option doesn't cover items such as laptops, tablets, mobile phones and other wearable technology which need to be covered under Listed Portable Contents.
Listed Portable Contents
This option allows you to cover specifically listed portable items for their full replacement value (less any contributable excess). Laptops, tablets, mobile phones and other wearable technology can be listed under your policy and covered as listed portable items.
Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding, and financial institution transaction fees may apply.
We may not provide cover for any loss of or damage to your property caused by cyclone, flood, grassfires, and bushfires, during the first 72 hours after you first purchase a policy or increase your cover under an existing policy. For full details of conditions and exclusions, see the relevant PDS.
Any discounts may be subject to rounding and only apply to the extent that any minimum premium isn't reached. If you’re eligible for more than one discount, Allianz applies them in a predetermined order. This means the effect of applying any subsequent discount will be reduced.
For example, the aggregate effect of applying two discounts consecutively means that you won't see the full benefit of both these discounts.
Discounts don't apply to taxes or government charges.
A discount of up to 10% is applied to your premium when you combine Buildings and Contents on one Home Insurance policy, including for the following optional covers if selected: Motor Burnout and Accidental Damage cover. The combined discount doesn't apply to Landlord policies, Flood, Portable Contents, or Domestic Workers Compensation optional covers (if available and selected).
Covers weekly equivalent rent. Up to 10% of building or contents sum insured, up to a maximum of 12 months and up to $500, as a one-off payment, for commercial pet boarding.
This is an extra benefit we pay in addition to your building sum insured. We don’t pay additional alternative accommodation costs under the contents section if we’ve paid it under the buildings section. No excess applies to this benefit.
Covers up to 10% of your Buildings or Contents sum insured. You're covered for building debris removal if you have Buildings cover and for contents debris removal if you have Contents cover.
We’ll pay up to the balance remaining of your contents sum insured for a maximum of 12 months. That’s after we’ve paid any claim for your damaged contents.
Some portable contents must be specified on your policy schedule as Listed Portable Contents to be covered.
Not available with respect to any additional compulsory excess, imposed excess applied to the policy or to the Portable Contents excess. Any reduction in premium will not be applied to government taxes and charges, or to optional covers (if available and selected): Domestic Workers’ Compensation, Flood or Portable Contents. Minimum premiums apply.
Any advice here does not take into account your individual objectives, financial situation or needs. Terms, conditions, limits, and exclusions apply. Before making a decision about this insurance, consider the relevant Product Disclosure Statement (PDS)/Policy Wording and Supplementary PDS (if applicable). Where applicable, the PDS/Policy Wording, Supplementary PDS and Target Market Determination (TMD) for this insurance are available on this website. We do not provide any form of advice if you call us to enquire about or purchase a product.
Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 is the insurer of any general insurance products offered, and Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFS Licence No. 296559 is the insurer of any life insurance products offered. Each entity is responsible for any statements and representations made about its products, on this website.
