Buildings insurance

Insure the place you call home

Insure your home buildings for unexpected events such as fire6, theft, and storm6.

Buildings insurance

Save up to 10%

on your first year’s premium when you quote and buy a new policy online1, 3

Your insurance options

If you’re renting, or renting out your property to others, this won’t be the product for you. Instead, check out our other insurance options.

Why insure your buildings with us?

With Allianz Building Insurance through Hume Bank you can be covered if an unexpected event – such as a fire6, theft or storm6 damages – destroys your most important asset, your home.

Online discount

Save up to 10% on your first year’s premium when you quote and purchase a new policy online1,3.

Monthly payments

Pay by the month at no extra cost5.

No Claims Bonus

You may qualify for up to 30% off your premiums with the No Claim Bonus2,3.

Flexible excess

Option to increase your excess which may reduce your premium4.

How you’ll be covered

The better you understand your policy, the easier it will be if you ever have to claim.

Here is a limited summary of the benefits of a home buildings insurance policy. For full details, of the standard terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS), and any applicable supplementary PDS before making a decision to purchase this insurance.

The Home Buildings Key Fact Sheet also sets out some information about the cover. Select the cover to suit your needs.

Buildings coverage

Type Details
Rebuilding and professional fees If you need to rebuild your home after total loss or damage, Allianz will help pay the reasonable costs of architects, engineers, surveyors and solicitors up to $5,000.
Cover for the unexpected Allianz offers cover for out of the ordinary but devastating events such as fire6, storm6 and burglary.
Cover for storm damage6 Covers loss or damage by storm, cyclone6 , rain water, runoff (provided run-off is not combined with flood waters) and, if caused by and occurs within the first 72 hours following a storm, Allianz provides cover for loss or damage caused by soil movement, landslide, mudslide or subsidence.
Making your buildings environmentally friendly If your buildings are totally destroyed and need to be rebuilt, in addition to your buildings sum insured, Allianz will pay up to $5,000 (after deduction of any government or council rebates) to help you make the new buildings more environmentally friendly.
Alternative accommodation for you and your pets If your Building is damaged by an insured event during the period of insurance to such an extent that you can’t live in your home buildings, Allianz pay the additional costs for temporary accommodation for you up to 10% of the building sum insured (as applicable) and up to $500 for temporary accommodation for your pets in a commercial boarding establishment. This benefit applies up to a maximum of 12 months.
Replacement locks Allianz will cover the cost, up to $1,000, to replace the locks or cylinders of any external door or window following an actual or attempted theft or burglary if the key is stolen or you believe the key has been copied.
Vandalism or malicious damage You are covered for loss or damage caused by vandalism or a malicious act.
Debris removal In addition to your buildings sum insured, Allianz will pay up to 10% of your building sum insured for the removal of debris from the damaged or destroyed part of the buildings.
24/7 claims assistance When you need to make a claim Allianz are there for you with 24 hour claims lodgement available online, or you can call the claim line to commence the claims process over the phone.

Optional coverage

Apply to add any of these optional covers for an additional premium and greater cover.

Type Details
Optional cover – Accidental damage The accidental damage cover option helps insure you in the event of accidental unexpected mishaps that are caused unintentionally – giving you greater coverage for your home building.
Optional cover – Motor burnout The motor burnout option covers you if an electrical current damages your household electrical motors. This cover is automatically included if you have taken optional Accidental Damage cover.
Optional cover – Flood cover Flood cover may be available as an optional cover to your buildings. A 72 hour exclusion period applies6.
Optional cover – Domestic workers’ compensation cover Cover for a domestic worker (e.g. gardener or cleaner), if they are injured while working for you at the insured address. Only available in ACT, WA and TAS.

Tools to get you started

It’s up to you to decide the sums insured, and the type and level of cover that you want to take out. People generally want enough insurance to cover the property’s estimated replacement value. If you don’t have enough cover, you could end up having to cover some of the costs yourself.

Remember, Allianz will only pay up to the amount of your loss or the sum insured, whichever is the lesser (subject to the policy terms and conditions) – so you should also be careful not to over insure. That’s why we’ve provided these calculators. They work as guides to help you estimate the replacement value of your building and contents.

What you should know

Buildings insurance is designed to insure the physical structures and fixtures that make up your home buildings: from the house itself, to your garage, fences and paved driveways – even built-in appliances like hot water systems, air-conditioners and more.

We do not provide advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision please refer to the Home Product Disclosure Statement (PDS) any applicable supplementary PDS and Home Buildings Key Fact Sheet also available for reference.

Frequently asked questions

  • What do I do if I need to make a buildings insurance claim?

  • Am I covered for flood?

  • What does it mean if I take the Accidental Damage cover option?

  • I would like cover for my portable contents with my Buildings cover, what are my options?

  • How do I know if I have optional covers on my policy?

  • How should I determine the replacement value of my buildings?

  • What is considered ‘unable to be lived in’?

Things you should know

Hume Bank ABN 85 051 868 556. AFSL/Australian Credit Licence No. 244248 arranges this insurance as agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision, please consider the relevant Product Disclosure Statement available from or by calling 1300 004 863. The relevant Target Market Determination is available by calling 1300 004 863. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services.

1 Online discount – 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 follwing optional covers (if selected); Accidental damage, Flood, Motor burnout and Portable Contents. This discount is not applied on renewal.

2 NCB – When you take out a new policy, we calculate your No Claims Bonus based on your home or landlord (as applicable) insurance claims history. To qualify for the maximum No Claim Bonus of 30%, home insurance customers must have had no Building or Contents insurance claims in the preceding five years. Landlord customers must have had no Landlord insurance claims in the preceding 3 years. However, customers who have had claims may still qualify for a reduced No Claim Bonus. The No Claim Bonus is applied to some optional covers if selected; Motor Burnout and Accidental Damage, but not Flood or Portable Contents cover, if selected.

3 Minimum premiums – If you are eligible for more than one discount, Allianz applies them in a predetermined order. This means any subsequent discount will be applied to the reduced premium amount after applying any prior discounts and the effect of the subsequent discount will be reduced.For example, the aggregate effect of applying two 10% discounts consecutively means that you will not see the full benefit of both these discounts. Discounts do not apply to taxes or government charges. Discounts do not apply to optional covers for Domestic workers’ compensation / Landlord workers’ compensation, and may not apply to other optional covers (if available and selected). Any discounts/entitlements may be subject to rounding and may only apply to the extent that any minimum premium is not reached.

4 Option to change your excess – Not available with respect to any additional compulsory excess, imposed excess applied to the policy or to the Portable contents excess. Any reduction in premium will not be applied to government taxes and charges, or to optional covers (if available and selected): Domestic Workers compensation, Flood or Portable contents. Minimum premiums apply

5 Instalment premiums – If you choose to pay your premium by instalments you do not pay us any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note: Your financial institution may apply transaction fees to instalment payments.

6 72 hour exclusion period – We may not provide cover for any loss of or damage to your property caused by cyclone, flood, grassfires and bushfires during the first 72 hours after you first purchase a policy or increase your cover under an existing policy. Refer to PDS for when exclusion periods apply.