If you choose to get both your investment building and your investment contents covered with Allianz, you can do so with the convenience of having them on the one policy. This means you get the great benefits of our buildings cover and contents cover, and only have one policy number. Additionally, if you need to make a claim for both your building and your contents due to the same insured event, you’ll only need to pay one excess.
An example of how your combined Landlord buildings and contents policy could work:
Disaster strikes and your investment property’s building, as well as the contents inside it that you’re responsible for as a landlord, have been totally destroyed by an insured event. Where we have agreed to accept your claim, you will only need to pay one excess. With your building insurance, we will pay the cost to rebuild your building which has been completely destroyed and also pay up to $5,000 (after deduction of any government or council rebates you are eligible for) to make your property more environmentally friendly, e.g. by installing any combination of a rainwater tank, solar power systems, hot water heat exchange system, and grey water recycling system. We’ll also replace your contents that you have insured with us up to the policy limits, like your carpets, curtains, furniture, and household goods, including utensils and domestic appliances that you have supplied for your tenants’ use.