... one in five homes may be under insured by as much as 30% for home building insurance, and one in three households will be under insured by more than 30% for their contents insurance.^
Sadly however, research on the issue of under insurance has shown that as many as one in five homes may be under insured by as much as 30% for home building insurance, and one in three households will be under insured by more than 30% for their contents insurance.^
Once you have obtained an estimate on the home building and/or contents replacement costs, you can get a quote and buy online, or contact Allianz on 13 1000 to arrange a new home insurance policy based on the replacement costs you have estimated or update your current policy with the new amount.
At Allianz, we don't just want to insure the belongings you've worked hard for, we want to ensure that you have real peace of mind. It is essential that you have adequate cover to fully protect your home and all your contents and that's why we've provided these calculators. They work as guides to help you estimate the full replacement value of your home building and contents.
^ Source: Insurance Council of Australia, Report on Under-Insurance, published in October 2002.
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