Save up to 10%

Save up to 10% on your first year’s premium when you buy a new Building Insurance policy online1,3

What is Building Insurance?

Allianz Home Building Insurance is designed to help cover the cost of loss or damage to the insured physical structures that make up your home building, from the house itself, to your garage, fences, and paved driveways and even fixtures like showers and baths, hot water systems, air conditioners and more. Our Building Insurance covers fire6, storm, lightning, theft, and more. Flood cover6 may be available as an optional cover. In addition, it provides liability cover, which can protect you if you are found liable to pay compensation to someone because you have accidently injured them or damaged their property during the period of insurance.


The amount you choose to insure your buildings for is called the building sum insured.


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Fast, Simple and Convenient

Up to 30% No Claims Bonus2,3

With Allianz Home Insurance, you could join others who received up to 30% no claim bonus2,3 depending on your claims history.

Option to Pay Monthly

You have the option to pay by the month or in one annual payment.

If you choose to pay by the month, an 11% service fee applies.

Instant Certificate of Currency

Your proof of insurance, Certificate of Currency (COC), will be emailed instantly after you purchase your policy.

Tip: A COC is often required by your bank or financier when you take out a mortgage on your home.

Excellence in Claims

We're here if you need to make a claim.

You can lodge a claim 24/7 online or call 13 10 13 to commence the claims process over the phone.

Allianz was awarded the 2019 Mansfield Gold award for Claims handling and the 2020 Mansfield Silver award for Personal lines Claims.

What does Allianz Home Insurance cover?
This is a summary only of some of the features available on Allianz Home Insurance. Before making a decision on this insurance, please carefully consider the relevant Product Disclosure Statement (PDS) and Supplementary PDS (where applicable) which set out the standard terms, conditions, limits and exclusions.

Legal Liability Cover

Up to $20m legal liability cover.
Provides cover for if you are found liable to pay compensation to someone because you have accidently injured them or damaged their property during the period of insurance.

Alternative Accommodation

If your home building is damaged by an insured event during the period of insurance to such an extent you can’t live in it, we’ll pay the temporary rental costs for accommodation for you and your pets for the time necessary, up to 12 months and the policy limits.5

Rebuilding Costs

If you have Buildings Cover, if you need to rebuild your home due to a total loss or damage, we'll help pay the costs4 of:

  • Professional fees of architects, engineers, surveyors and solicitors (up to $5,000) and;
  • Costs of complying with any statutory requirements (up to $5,000).

Additional Cover Benefits

  • Debris removal – Covers the reasonable costs to remove damaged or destroyed parts of your building by an insured event. Covers up to 10% of the building sum insured amount.
  • Replacement of locks or cylinders – If an actual or attempted theft or burglary occurs causing damage to, or if your keys are stolen, or there are reasonable grounds to believe that the key has been copied we will pay up to $1,000 to replace your locks or cylinders for any external doors or windows.
  • Making your home environmentally friendly - if you have buildings cover and your building is destroyed and needs to be rebuilt, we will help with the costs8 to install environmental systems such as rainwater tanks and solar power systems (up to $5,000 after deduction of any government or council rebates).

Optional Covers Simply apply to add these options while getting your quote online or while speaking to our consultants.
If you already have a policy and would like to apply to add these optional covers, please contact us on 13 1000.

Flood

Covers you for loss or damage to your home and contents caused by flood and certain flood related events. Optional flood cover may not be available in some areas.

Note: We do 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 take out or increase the cover under the policy.

Accidental Damage

Covers you for accidental damage caused by sudden, unforeseen and unintended events, not just the specified insured events. This option also includes Motor Burnout. Here is an example of the sort of mishaps you’ll be covered for if you take this option with your home cover:

  • You accidentally smash a hole in the wall when you move some furniture.
  • Your kids draw all over your walls.

Motor Burnout

Covers you if an electrical current damages your domestic household electrical motors, such as your fridge, freezer or washing machine, up to 10 years old.

This is a summary only of some of the features and benefits available on Allianz Home Insurance. Before making a decision on this insurance, please carefully consider the relevant Product Disclosure Statement (PDS) and Supplementary PDS (where applicable) which set out the standard terms, conditions, limits and exclusions.

How to Calculate your Home Insurance Value?

When you take out Home insurance, it’s important that the amount you’re insured for accurately reflects the cost to rebuild your home. This is because you might have to pay the difference out of your own pocket if you’re insured for less than the replacement value of your home.

Home Building replacement calculator

What events does Home Insurance cover?

Covers the cost of rebuilding or replacing your Home building, if you have experienced loss or damage caused by the following insured events^.

  • Fire or smoke (including bushfires6 and grassfires6)
  • Theft or burglary
  • Storm & cyclone6, rainwater or run off, but not flood unless you have the optional flood cover
  • Lightning
  • Water/liquid damage

  • Impact Damage
  • Earthquake or tsunami
  • Accidental breakage of fixed glass or ceramic items
  • Vandalism or malicious damage
  • Explosion
  • Riots or civil commotion

^For a full list of events covered by Allianz Home Insurance, see the relevant PDS.

Next steps

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Buy insurance online in minutes at your convenience 24/7.

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Go Paperless – update your details

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24/7 claims assistance

When you need to make a claim Allianz are there for you with 24 hour online claims lodgement, or you can call 13 10 13 to commence the claims process over the phone.

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Frequently Asked Questions

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 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 home building through Allianz, get a quick Home insurance quote in minutes today!

Your home building can be covered for flood-related damage if you take out optional Flood cover, subject to eligibility. Your building, under flood cover, will be covered for:

Loss or damage caused by:

  • flood; flood water, combined with run-off and rainwater.

As well as loss or damage caused by or arising from the following, if it is caused directly by and occurs within 72 hours of a flood:

  • soil movement, including erosion
  • landslide
  • mudslide
  • subsidence

To find out if you are eligible for Flood cover, get an online quote or call us on 13 10 00.

If you currently hold a policy and would like to find out whether your Building insurance policy currently has Flood cover, you can log onto MyAllianz to check your policy documentation or call us on 13 10 00.

We do not provide cover (where the type of cover you have under the policy provides it) for any loss of or damage to your property caused by cyclone, flood, grassfires and bushfires, during the first 72 hours after you first take out or increase the cover under the policy. For the standard terms, conditions and exclusions about our Home Insurance please refer to the Product Disclosure Statement (PDS).

With Allianz there are a number of ways that you may save on your home insurance premium:

  • Buy your new building policy online and save up to 10% on your first year’s premium.1,3
  • 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.3,7

You should tell Allianz 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, Allianz may refuse or reduce a claim under the policy to the extent we are prejudiced by the delay or the non-disclosure.

You can also contact us if you want to vary your policy during the period of insurance for any other reason, for example to increase your sums insured or to take our additional cover options that may be available.

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 home building sum insured to take into account any extensions or renovations to make sure you are adequately covered in the event of a home insurance claim.

Home insurance covers you against financial losses associated with the damage or loss of the property you own. Home insurance is not a legal requirement; however if you hold a mortgage over your property, most banks and mortgage lenders require you to take out Home Buildings insurance as security to safeguard themselves against financial risk due to unexpected damage or loss to your property. Lenders may require you to list them as an interested party when purchasing insurance and may also request proof of insurance (Certificate of Currency) before the loan is finalised or for each year your mortgage is held with them.

To request a Certificate of Currency for your existing Allianz Home Insurance policy call us on 13 1000 or you can log onto My Allianz.

If you take out Building Insurance here’s how your home buildings cover can work if the unexpected occurs:

  • Your house burns down and you could lose all your building structures. With adequate sums insured under Buildings cover, you could rebuild your home back to a similar standard it used to be.
  • A fire damages your kitchen. You could repair or rebuild built-in damaged parts of your kitchen, such as benchtops and cabinets, with Buildings cover.
  • A thief smashes your window, breaks the locks, but gets away without stealing any of your belongings. You can fix the window and replace your locks through your Buildings insurance.

Here’s a list of some of the things we don’t cover under a Home Buildings policy:

  • If you leave your home unoccupied for any period longer than of 60 consecutive days, unless otherwise beforehand agreed in writing.
  • Your contents (such as carpets, rugs, and internal blinds etc.), unless you have added contents cover to your policy.

Loss, damage, injury or legal liability due to the following:

  • If you fail to keep your home in good condition. This includes wear and tear, and lack of maintenance.
  • Pre-existing damage to your home.
  • Flooding; unless you have added optional flood cover to your policy.
  • You carry out alterations, additions, demolition, repairs or decorations to your building with a commercial value of more than $75,000, unless otherwise agreed with us.
  • Damage deliberately caused by you, a family member or someone acting with your consent.
  • Holiday letting.
  • Anything not directly related to one of the insured events. Please refer to the PDS for a list of insured events.

For standard terms, conditions and exclusions of our home insurance, please refer to the Product Disclosure Statement (PDS) and any supplementary PDS (if applicable). To see some of the events covered and not covered, please refer to our Key Fact Sheets (KFS).