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.

binocular icon
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%.

key icon
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. 

snapshot
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.

question icon
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 12 April 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

Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

Customer Reviews

How are Allianz home insurance rated by the Mozo community?

Overall
7.4/10
Value for money
7.1/10
Policy coverage
7.5/10
Customer service
7.6/10
Claims handling
7.0/10
Trust
7.3/10

Latest reviews of Allianz Building Insurance

Thumbnail icon for Allianz

About Allianz

See Allianz home insurance