Insure your home buildings from unexpected events such as fire7, theft, and storm7.
With Allianz Buildings Insurance through Heritage Bank, you can be covered if an unexpected event, such as a fire7, theft or storm7, damages or destroys your most important asset, your home.
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 building 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 the insurance. The Home Buildings Key Fact Sheet (KFS) also sets out some information about the cover.
Rebuilding 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 fire7, storm7 and burglary.
Making your buildings environmentally friendly
If your buildings are totally destroyed and needs to be rebuilt, in addition to your buildings sum insured, Allianz will pay $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 are 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 based on your building’s rentable value prior to the damage, up to 10% of the building sum insured 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.
Vandalism or malicious damage
Allianz will cover you 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.
Legal liability
Allianz will cover your legal liability up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property caused by an accident (or series of accidents).
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 claims line to commence the claims process over the phone.
Apply to add any of these optional covers for an additional premium and greater cover.
| Optional cover | Description |
| 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. |
| 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. |
| 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. |
What do I do if I need to make a buildings insurance claim?
Do what you reasonably can to prevent further loss, damage or liability. Tell the police as soon as reasonably possible about any malicious damage, theft, attempted theft, burglary or loss of insured property. Contact the Claims Call Centre on 1300 555 030 and advise the Claims Consultant of what has happened: the Claims Consultant will help you through the buildings insurance claims process.
In order to be sure that you are covered under this policy you should always contact Allianz for approval before you incur expenses you wish to claim. If you do not, Allianz will pay for expenses incurred to the amount Allianz would have authorised had you asked Allianz first.
What do I do if I rent my home out to tenants?
If you’re renting all of your home out to tenants, cover is not available under our Home and Contents Insurance Policy.
Cover is not available for these types of losses under our Home and Contents Insurance. If you rent out part of your home while you live at the same address, please contact us so we can determine if you are eligible for this product.
Learn more about Landlords Insurance.
What does it mean if I take the Accidental Damage cover option?
This optional cover provides even more cover – it covers you in the event of damage caused by accidental unexpected mishaps that are caused unintentionally not just the specified insured events.
If you have Buildings cover only and select this option, examples of the sort of mishaps you’ll be covered for include when:
I would like cover for my portable contents with my Buildings cover, what are my options?
The option to include portable contents cover under your policy may only be applied for if you have Contents cover or both Buildings and Contents cover.
Your policy schedule will show which of the optional covers apply.
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’?
How is my insurance premium calculated?
This will determine how best we can help.