When you take out a new policy, we calculate your No Claim Bonus2,3 based on your Landlord Insurance claims history from the last three years.
Save up to 10% on your first year’s premium when you quote and buy a new Landlord Insurance policy online1,2
Why choose Allianz Landlord Insurance?
Up to 30% No Claim Bonus2,3
Pay monthly at no extra cost4
When you buy or renew, you have the flexibility to pay annually or monthly at no extra cost.
Instant Certificate of Currency
Your proof of insurance – Certificate of Currency (COC) – will be emailed instantly after you purchase your policy.
24/7 claims service
Has your property or its contents been damaged? Making a claim with Allianz is quick and simple. Find out what’s involved and what you’ll need to make a claim.
What Allianz Landlord Insurance covers
Find out what is and isn’t covered under Allianz Landlord Insurance, as well as some optional covers you could be eligible to add to your policy.
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What Building covers
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What Contents covers
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What's not covered
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Optional cover
Buildings
Covers your damaged or destroyed building, garage, fences, fixed domestic appliances and more.
Contents
Covers damage to your contents kept at your investment property for the use of your tenant.
This is a summary only of some of the features and benefits available on Allianz Landlord Insurance, as well as some of the exclusions. Before deciding on a policy, carefully consider the relevant Product Disclosure Statement (PDS) and Supplementary PDS (where applicable) which set out the standard terms, conditions, limits and exclusions.
Choose your cover and get your Landlord Insurance quote
Whether you’re after Landlord Building cover, Landlord Contents cover, or a combined Landlord Building and Contents cover, get a quick and simple quote now.
Events Allianz Landlord Insurance covers
Covers the cost of rebuilding or replacing your landlord building and/or contents if you’ve experienced loss or damage caused by the following insured events.^
- Fire or smoke
- Theft, burglary or housebreaking
- Storm, rainwater or run off (not including flood which subject to eligibility may be available under the optional Flood cover)
- Lightning or thunderbolt
- Water or other liquid damage
- Impact damage
- Earthquake
- Accidental breakage of glass
- Malicious acts
- Explosion
- Riots or civil commotion
- Tsunami
^For a full list of events covered by Allianz Landlord Insurance, see the relevant PDS.
Landlord Insurance calculators
When you take out Landlord Building and/or Contents Insurance, it’s important the amount you’re insured for accurately reflects the cost to rebuild your landlord building and/or replace your contents.
This is because you might have to pay the difference out of your own pocket if you’re insured for less than the replacement value of your landlord building and/or contents.
Ready to get started?
Frequently asked questions
Landlord insurance is designed to cover the cost of replacement or repair needed when certain events occur that damage your residential investment property. It can also cover any contents you provide for your tenant’s use that could leave you out of pocket.
The cost of your insurance is called a ‘premium’. Your premium will depend on a number of factors and can change each year when you renew your policy. Your premium for each period of insurance will be shown on your policy schedule.
There are a number of factors that determine how your Landlord Insurance premium is calculated, including:
- Your risk profile. Allianz will work this out using a number of factors such as:
- Where your investment property is located
- The type of property you’re insuring
- The amount and type of cover you require
- The relevant claims history of your property
- The likelihood of a claim being made on your policy
- The value of the insured investment property and/or contents cover (sum insured)
- Any discounts that may apply
- Any compulsory government charges such as Stamp Duty and GST
- Emergency Services Levies if they apply to the State or Territory where your investment property is located
- Any other charges Allianz tells you about
- The excess you choose6
Get a quick Landlord Insurance quote today!
Allianz will pay rental costs after an insured event as part of your Landlord Insurance policy when you have Buildings cover, or the building is part of a strata title development and you have Contents cover.
If your building is damaged by an insured event to an extent that the tenant can’t live in it, or access to use your building wasn't possible for a minimum of seven days, Allianz will pay for loss of rent on the insured property for the time necessary to reinstate your building, or for which access to the building is denied, or up to a maximum of 12 months, whichever period of time is the lesser.
This benefit is automatically included.
Note that this is different to the optional Rent Default and Theft by Tenant cover which is available to be added to new Landlord Insurance policies which don’t already have this cover.
Call Allianz as soon as reasonably possible on 1300 555 030 and tell the claims consultant about what’s happened. Try to get the names and addresses of any witnesses to the event which has brought about the claim. Don't make any admissions of liability and don’t attempt to settle any claim made against you.
If you do, Allianz may reduce or refuse your claim to the extent it's prejudiced. The Allianz claims consultant will tell you the steps you need to take and will help you through the Landlord Insurance claim process.
Landlord insurance covers you against financial losses associated with the damage or loss of the residential investment property you own. Landlord insurance isn’t a legal requirement, but if you have a mortgage on your property, most banks and mortgage lenders require you to purchase landlord buildings insurance as security to safeguard themselves against financial risk caused by unexpected damage or loss to your property.
Lenders may require you to list them as an interested party when buying insurance and may also request proof of insurance (a Certificate of Currency) before the loan is finalised or for each year your mortgage is held with them.
If you choose to get both your investment building and the investment contents you’ve provided for your tenants’ use covered with Allianz, you can do so with the convenience of having them on the one Landlord Insurance policy. This means you get the great benefits of both Allianz Buildings cover and Contents cover, and you’ll 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. Here’s 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 Allianz has agreed to accept your claim, you’ll only need to pay one excess.
With your building insurance, Allianz 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’re 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.
Allianz will also replace your contents that you’ve insured with them up to the policy limits, like your carpets, curtains, furniture, and household goods, including utensils and domestic appliances that you’ve supplied for your tenants’ use.
Allianz Home Insurance offers cover for your family home and contents. Allianz Landlord Insurance is designed for properties where rent is being collected and the policy holder isn't a resident of the property. For full details of the standard conditions and exclusions, refer to the relevant PDS and any supplementary PDS (where applicable).
Unless Allianz states otherwise in the PDS, when you make a claim under the policy, you’ll need to pay an excess as a contribution towards your claim.
Charging an excess also helps to keep the cost of premiums down by reducing the number of small claims. The amount and type of excess you have to pay will be shown in your policy schedule or in your PDS.
For full details of conditions and exclusions, refer to your policy schedule or see the relevant PDS and any supplementary PDS (where applicable).
To see some of the events covered and not covered by Allianz Landlord Insurance, refer to the Key Fact Sheets (KFS).
*Conditions apply
- Online discount
Landlord: When you quote and buy a new Landlord Insurance policy online, a premium discount of up to 10% is applied to your first year’s premium including the following optional covers (if selected): Flood and Rent Default and Theft by Tenant. This discount isn’t applied on renewal.
Home: When you quote and buy a new Home Insurance policy online, a discount of up to 10% is applied to your first year’s premium including the following optional covers (if selected): Accidental damage, Flood, Motor Burnout and Portable Contents. This discount isn’t applied on renewal.
- Minimum premiums may apply
Any discounts may be subject to rounding and only apply to the extent that any minimum premium isn't reached. If you’re eligible for more than one discount, Allianz will apply them in a predetermined order. This means the effect of applying any subsequent discount will be reduced. For example, the aggregate effect of applying two discounts consecutively means that you won't see the full benefit of both these discounts.
Discounts don't apply to taxes or government charges. No discounts are applied to the optional cover: Landlord Workers Compensation (if available and selected). - Up to 30% No Claim Bonus
When you take out a new policy, Allianz will calculate your No Claim Bonus based on your Landlord Insurance claims history. To qualify for the maximum No Claim Bonus of 30%, Landlord Insurance customers must have had no landlord losses in the preceding three years. However, customers who’ve had claims may still qualify for a reduced No Claim Bonus.
After each claim-free year, the No Claim Bonus applied to your renewal premium will be increased by 10%, to a maximum of 30%. However, for every claim you make in a year, the No Claim Bonus applied to your renewal premium will be reduced by 10% to a minimum of 0%.
The No Claim Bonus doesn’t apply to optional Flood cover, if selected, but is applied to Rent Default and Theft by Tenant (if selected). - Pay by instalments
Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding, and financial institution transaction fees may apply. - Optional Landlord Workers Compensation
Only available in ACT, Tasmania and Western Australia. Excludes workers who are working for you in your own business, trade, or profession. - Option to change your excess
Not available with respect to any additional compulsory excess, or to the imposed excess applied to the policy. Any reduction in premium won't be applied to government taxes and charges, or to optional covers (if available and selected): Landlord Workers Compensation, or Flood. Minimum premiums apply.