Important information on terms, conditions and sub-limits
Fire
Yes
Theft or burglary
Yes
Flood
Optional Extra
Storm
Yes
Building cover
Contents cover
n/a

Mozo editorial review Allianz Building Insurance - last updated: 24 February 2021

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What's hot
  • Up to 10% discount when purchasing a new policy online
  • Your choice of excess
  • Option to add cover for flood
What's not
  • 11% service fee applies for paying monthly
  • No cover for underinsurance
Mozo snapshot

Many of us want to give our home the quality cover it needs, so why not take a look at Allianz Building Insurance. This building insurance policy will cover your home for things like lightning, fire and explosions, with cover for things like flood and accidental damage listed as optional extras. Plus, there’s a discount of up to 10% if you sign up online and a maximum no claims bonus discount of 30%.

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Key features

Whether you’re a landlord or first home owner, Allianz Building Insurance is a policy that’s designed to give your building cover against the worst case scenarios. You’ll receive cover for building and structural improvements plus a range of events and natural disasters, like fire, breakage of glass and storms - but you’ll also have the option to add cover for things like flood and accidental loss and damage onto your policy.  

The Allianz Building Insurance policy will also cover you for legal liability (up to $20 million), lock replacement (up to $1,000), temporary repairs and debris removal (up to 10% of sum insured combined with demolition costs). 

There’s 24/7 claims lodgement available and you’ll have your choice of excess to help you budget better. If you'd like to pay your premium in monthly instalments to help you manage the cost of insuring your building you can, just keep in mind this will mean paying an 11% service fee.

It should also be noted that underinsurance protection and cover for power and storm surges are not available with this policy. 

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Who is it good for

The Allianz Building Insurance policy could be a great choice for homeowners looking to score a discount by combining insurance policies with Allianz and landlords who are solely concerned with insuring the building.

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Any catches

While Allianz Building Insurance aims to give your home protection for a number of natural disasters and unfortunate events, keep in mind that if you want to spread the cost of your premium out in monthly instalments, you'll need to pay an extra fee.

Details

Rates and fees information correct as at 24 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings

Yes

No

Retaining walls and pathways covered. Up to $5,000 for plants.

Yes

Events

Optional Extra

Yes

Yes

Yes

Yes

Optional Extra

Yes

Optional Extra, up to 10 years old

No

Yes

Yes

No

Yes

Yes

Yes

Yes

Policy and service features

60

No

Yes

$400

true

no

Up to 10% online discount

Yes

Up to $20,000,000

none

none

Other cover

No

Up to $1,000

Up to 12 months, up to 10% of sum insured combined with debris removal cost

Up to 12 months, up to $500

Up to 10% of sum insured combined with demolition cost

Up to 10% of sum insured combined with debris removal cost

No

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

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