Allianz Landlord Insurance

Compare 3 policy options with Allianz Landlord Insurance, and choose the right fit for your investment.

No reviews yet. Write a review

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

If you own an investment property, getting landlord insurance is a good move. An Allianz Landlord Insurance policy can offer you cover for the property, its contents, or both.

Check out our review to see what's covered, what's not and how to make a claim.

warningSome landlord insurance policies have temporarily removed benefits such as rent default and a few others because of the pandemic. Make sure to check this with the insurer before deciding on a policy.
We don't currently have this brand on our panel. But don't fret! You can head to the Allianz website or compare a bunch of other landlord insurance companies with finder.
Compare landlord insurance fast

What does Allianz Landlord Insurance cover?

  • Your home. When a policy mentions your home or a building, this also includes pipes, cables, ducting, wires, switches and meters, fixed appliances, carports, patios, paved paths and driveways and other permanent fixtures (pools, spas, etc).
  • Your contents. Referring to property owned by you as the landlord or for which you are responsible. This includes carpets, curtains and blinds, furniture and furnishings, non-permanent light fittings, removable domestic appliances and utensils, swimming pools and their accessories.
  • Your home and contents. Allianz also offers combined landlords building and contents insurance. This protects the building itself which can include garages and any other permanent fixtures such as in-built swimming pools. You also get the belongings you keep at the property looked after. This includes furniture, white goods and more.

What benefits come with my cover?

ContentsHomeHome and Contents
Accidental breakage of glass
Earthquake
Explosion
Fire or smoke
Impact damage
Lightning
Malicious acts
Riot or civil commotion
Storm, rainwater or run-off
Theft, burglary or housebreaking
Tsunami
Water or other liquid damage
Open air contents (outdoor furniture, etc)
$1,000
Automatic indexation of sums insured
Continuation of cover when you are selling your home(s)
Environmental benefits
Fusion
Landlord contents
Legal liability (third party personal and property)
$10,000,000
Mortgage discharges
Reinstatement of sum insured after a loss
Removal of debris, professional rebuilding fees and extra costs to comply with building regulations
Rental costs after an insured event
Replacement of locks or cylinders
$500

Does Allianz Landlord Insurance offer additional cover?

  • Flood cover. If your investment property is destroyed or damaged by flooding then you can claim on this benefit for your losses. This can cover damage to the building, and also to any belongings you might have in the property (e.g. couch, rugs, TVs, etc.)
  • Rent default and theft by tenant. If your tenant fails to make payment, leaves without notice or has died, this option will cover the default rent either until another tenant takes up residence or payment of rent recommences.
  • Strata title mortgage protection. If a strata title development that contains your lot has been destroyed and the common property has not been insured, this option would cover either the unpaid balance of your mortgage at the time of the incident or the amount for the damage or loss, whichever is the lesser.
  • Landlord workers’ compensation. If you employ people to work on or around your rental property, this optional cover will protect you should you be liable to pay if they are injured while working for you. This option in not a comprehensive workplace cover and if you are operating your own business or employing full-time or part-time staff, a separate general workers’ compensation policy is necessary.

What exclusions are there?

There are certain situations or circumstances where you will not be eligible to make a claim. Specific requirements will depend on your policy and additional options, but generally you will not be covered for any wear and tear on property or contents that have seen their day. If you intentionally damage your property or house, or ask someone else to do it for you, your claim will be rejected. You won’t be able to claim against any dodgy workmanship or faulty designs and defects. Damage from the application of heat (for example, installing laminate) will also be thrown out. There are a few far-flung exclusions, such as war and terrorism, all of which will be listed in your policy document. If you have any questions, be sure to ask your broker.

What excess do I need to pay?

Your excess will depend on the type of claim you make, which will be outlined in your policy and can be discussed with your insurance broker. You may be required to pay multiple excesses, depending on the incident, for example a storm may inflict damage to your home and a resulting flood that damages your contents may both require a separate excess in your policy.

How do I make a claim with Allianz Landlord Insurance?

In the event of an accident or incident, there are a few things to do. First, prevent any further damage or injury if it is safe to do so. Do no admit any liability as fault will be adjudicated on once an investigation has been conducted.

Contact the police and keep all evidence and documents of the loss or damage and contact Allianz as soon as possible on 13 10 13.

More guides on Finder

  • Occupational therapy and health insurance

    Find out how both Medicare and private health insurance cover occupational therapy to get the assistance you need.

  • Term Life Insurance in Australia

    Find out how term life insurance actually works and receive quotes for cover securely.

  • 2021 Kia Sportage Review

    In 2020, the Toyota RAV4, Mazda CX-5 and Nissan X-Trail all outsold the Kia Sportage. That's not to say this is a bad car; in fact, the motoring media reviewed it favourably.

  • Victoria floods: How much food spoilage will your home insurance cover?

    There’s been over 25,000 power outages across Victoria. Home insurance can reimburse you for the food that’s gone to waste. Find out who here.

  • Zip Business Trade Plus

    Zip's Business Trade Plus service allows you to split the cost of your business expenses up to $150K over four4 monthly instalments, without having to pay anything for the first 60 days, for a 3% fee. Find out more here.

  • Great Southern Bank Fixed Rate Personal Loan

    When you have a large expense that your savings can’t cover, a personal loan at a fixed rate from Great Southern Bank is an option worth considering. With no fees and a competitive fixed interest rate, this could be the right loan for you.

  • Best cordless and electric screwdrivers in Australia

    From the top model to the best small cordless screwdriver, these are the four best cordless and electric screwdrivers you can get in Australia right now.

  • Mercedes-Benz G-Class luxury car insurance

    Find out about how to insure the luxury Mercedes-AMG G 63 4x4 SUV.

  • MyPayNow

    Find out more about MyPayNow, the pay on demand service that gives you instant access to up to 25% (to a limit of $750) of your salary any time, anywhere, without involving your employer.

  • Best 65-inch TVs in Australia

    These are the best 65-inch TVs you can buy right now in Australia.

Go to site