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 premium for each period of insurance will be shown on your policy schedule.

There are a number of factors that determine how your Home and Contents insurance premium is calculated, including:

• Your risk profile. We work this out using a number factors such as:
• where you live
• the type of property you’re insuring
• the amount and type of cover you require
• any other people also insured under the policy
• the relevant claims history of the people being insured
• the likelihood of a claim being made on your policy
• Any discounts that may apply.
• Any compulsory government charges such as Stamp Duty and GST.
• Fire Services Levy if they apply to the State or Territory where your home is located.
• Any other charges we tell you of.
• The excess you choose.

To find out the cost of insuring your house, contents or investment property, get a quick quote in minutes today!

If you were previously renting, the home building insurance was the responsibility of the landlord. As a property owner, you are responsible for your own building insurance.

If you’ve just bought an apartment or townhouse, the building may be covered by strata – check with your body corporate if this is the case. If so, you can still get your contents insured with Allianz. If you have bought the house as an investment property, you will need Landlord insurance.

Get a home insurance quote now, or get a landlord insurance quote now.

With Allianz there are a number of ways that you may save on your Home, Landlord and/or Contents insurance premium:

• Buy your new landlord, home building and/or contents policy online and save up to 10% on your first year’s premium.^1,4
• Combine your building and contents cover together on the one policy and save up to 10%^2,4 (Compared to purchasing each cover as a standalone cover).
• Pay your premium annually rather than monthly to save on the 11% monthly service fee.
• Increase your excess: our policies come with flexible excess levels, giving you the option to increase your excess which could reduce your premium.^4,6

You should tell Allianz as soon as reasonably possible during the period of insurance if:

• You’re an owner-occupier with a Home Insurance policy; your renovations will cost more than $75,000.
• You’re a landlord with a Landlord Insurance policy, your renovations will cost more than $75,000.

If you don’t, Allianz may refuse or reduce a claim under the policy to the extent we are prejudiced by the delay or the non-disclosure. When Allianz receive this information, we may:

• propose changes to the terms and conditions of your policy
• propose to charge you a higher premium
• cancel your policy (if there is a change and we can’t reach an agreement with you on altered terms and conditions or premium; or we are no longer prepared to insure you because there has been a material change to the risk).
• decide not to offer to renew your policy

Note: It is also important that you increase your sum insured to take into account any extensions or renovations to make sure you are adequately covered in the event of a home and/or landlord insurance claim.

If your investment property is currently unoccupied, and it is not a new property that will be permanently occupied within 60 days of settlement, we will not be able to offer you a new Home or Landlord insurance policy online. You can call us on 13 1000 and we’ll ask you a few more questions see what kind of insurance we can offer you.

If you already hold a Landlord insurance policy for this property with us and the buildings have not or will not be lived in for more than 60 consecutive days, you’ll need to let us know as soon as reasonably possible by calling 13 1000.

If you rent out part of your home while you live at the same address, depending on your circumstances, your tenant may need to take out their own contents insurance policy, or you may choose add them as a co-insured on your policy. A Home insurance policy does not cover malicious damage or theft by a tenant.

If you’re renting all of your home or a granny flat out to tenants, cover is not available under an Allianz Home Insurance policy. You may need to consider a Landlord policy. To find out the cost of insuring your house, contents or property through Allianz, get a quick Home insurance quote or Landlord insurance quote in minutes today!