- Allianz is a reputable brand in claims Australia and internationally.
- You can save up to 30% depending on your claims history.
- You need to take care with your sum insured amount since there's no obvious protection from underinsurance.
You can get 3 different types of home insurance policies from Allianz: home building insurance, contents insurance and combined home and contents insurance. It also offers landlord insurance for those with investment properties.
An Allianz Home Insurance policy can cover you for these insured events and a bunch more.
Excess amounts vary from $500 up to $10,000. This way, you can choose an option that fits your needs. The cooling-off period for Allianz policies is 14 days, which is slightly below industry standard. This means that you have less time to cancel your policy if you change your mind.
Allianz is a general insurer, which means it backs all different types of insurance, such as home, car and travel insurance.
These are some of the benefits you can claim if an insured event causes damage to your home or property.
Allianz offers optional cover to help you customise your policy, but it will cost extra.
Here are some examples of what an Allianz Home Insurance policy won't cover you for.
Check out the product disclosure statement (PDS) for the full list of exclusions so you know what you're signing up for. You can also head to general exclusions for more information.
We looked at home insurance complaint data from the Australian Financial Complaints Authority (AFCA) between July 2020 and June 2021. The data breaks down different underwriters and compares their business size to the number of complaints processed.
When comparing insurers, keep in mind that insurers with a larger market share serve more customers, so can potentially get more complaints.
Here's an overview of how Allianz (Allianz Australia Insurance Limited) did:
Allianz is a well-known insurance company that offers its customers a good level of customisation and access to discounts on its policies. Just be aware that Allianz doesn't offer an obvious safeguard against underinsurance. This means you'll need to take extra care when declaring your sum insured amount to make sure you're protected for everything you need.
Not sure yet? You can compare other home insurance brands side-by-side so that you end up with a policy you're happy with.
If you've held, or currently hold, an Allianz Home Insurance policy, we'd love to hear from you. Your reviews help other Australians decide if Allianz is right for them. Some reviews are from a survey commissioned by Finder.
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