AAMI Home & Contents Insurance

Aami home and contents insurance

AAMI is a provider of home insurance, landlord insurance, renter’s insurance, home insurance, travel insurance, life insurance, income protection insurance, and business insurance.

“Lucky you’re with AAMI.”

Policy Options: What AAMI home insurance covers

The inclusions below represent a selection of what is covered. Additional conditions may apply to different features. CANSTAR is not making any suggestion or recommendation to you about this product.  Please ensure that you read the product disclosure statement to determine all the current policy options and inclusions for the product you are considering.

Home and Contents

  • Liability cover for damage to other people and their property caused by an incident at your home connected to you owning or living there, up to $20 million.
  • Damage or loss of your home, garage, shed, and all contents, caused by fire, break-in or weather events such as floods, storm, and bushfire, up to sum insured.
  • Option to upgrade policy from sum insured to complete replacement cover.
  • Demolition and removal of debris, up to 10% of sum insured.
  • Cost of surveyors and architects for repair of home building, up to 10% of sum insured.
  • New for old replacement of contents, regardless of age.
  • Quick repair or replacement of contents.
  • Temporary accommodation and storage of undamaged contents.
  • 10% discount for bundling your home and contents in one package (online offer only for new customers).
  • $50 discount for new customers buying insurance online 10% discount for existing home building only customers bundling their home and contents.

Building Only

  • Liability cover for damage to other people and their property caused by an incident at your home connected to you owning or living there, up to $20 million.
  • Damage or loss of your home, garage and shed caused by fire, break-in or weather events such as floods, up to sum insured.
  • Option to upgrade policy from sum insured to complete replacement cover.
  • Demolition and removal of debris, up to 10% of sum insured.
  • Cost of surveyors and architects for repair of home building, up to 10% of sum insured.
  • Temporary accommodation for a prescribed period while your home is unliveable.
  • $25 discount for new customers buying insurance online.

Contents Only

  • Liability cover for damage to other people and their property caused by an incident at your home connected to you owning or living there, up to $20 million.
  • Damage or loss of your contents caused by fire, break-in or weather events such as floods.
  • Choose from full Contents Cover or Fire and Theft Contents
  • New for old replacement of contents, regardless of age.
  • Quick repair or replacement of contents.
  • Storage of undamaged contents after an event, up to 10% of sum insured.
  • Option to specify higher values for expensive items, such as jewellery.
  • Option to cover portable valuables away from home, such as your phone and laptop.
  • $25 discount for new customers buying insurance online.

Fire and Theft Contents Insurance

  • Policy premiums of a very cheap $0.50/day at the time of writing.
  • Liability cover for damage to other people and their property caused by an incident at your home connected to you living there, up to $20 million.
  • Damage or loss of contents caused by fire or break-in, up to $25,000.
  • New for old replacement of contents, regardless of age.
  • Removal of damaged contents or storage of undamaged contents after fire or break-in, up to $5,000.
  • Exclusions: Portable items such as phones, high value items such as jewellery, damage from weather events apart from fire.

Strata Insurance

  • For owners, body corporates, or strata managers.
  • Legal liability cover for office bearers or committee members for claims made against them for a wrongful act, up to $1 million.
  • Covers 2-10 properties on a block of land, including shared areas.
  • Damage or loss of buildings, garages and sheds, caused by fire, break-in or weather events such as floods
  • Option to cover shared ‘common’ contents, such as washing machines, gardening equipment, or gym equipment, up to sum insured.
  • Temporary accommodation for up to 52 weeks for unit owners if their unit is unliveable after damage.

Policy Benefits: Why choose AAMI

  • Online quotes: Get a quote online in 4 minutes, and save up to $50 on your premium (at the time of writing) if you buy online.
  • Claims process: AAMI has an online claims process and you can contact them 24/7 by phone, online, email, on your smartphone using the AAMI Access App, or even on Facebook or Twitter.
  • Dedicated client manager: One AAMI client manager will process your claim from start to finish, including organising quotes, repairs, and council requirements for rebuilding.
  • Lower your premium: Discount for buying online. 10% discount for bundling your home and contents in one package. Increase your excess with AAMI Flexi-Premiums.

About AAMI

Founded in 1969, AAMI is one of Australia’s oldest and largest insurance providers. AAMI is the trusted insurer of around 800,000 Australian homes.

At their founding, AAMI pledged to provide a real person to answer every quote or claims phone call, and they still do today. Their customer service team is available 24/7 with no push-button menus or voice recordings. AAMI proudly advertises that they regularly receive customer satisfaction ratings of 90% for their call centre.

The original “AAMI Girl” was the Swedish model Homein Sinfors, who first appeared in an ad on TV for AAMI back in 1979. AAMI’s slogan, “Lucky you’re with AAMI”, was first introduced in 1985 – over 30 years ago!

AAMI have long been famous for their hilarious TV ads, including this one from the 1990s and this more modern one from 2015.

How AAMI supports the community

  • SES: Long-standing partner of the Victoria State Emergency Service (SES) since 2002. AAMI has contributed over $4.5 million towards equipment and tools to support their brave rescue work.
  • Melbourne Cup: Sponsoring the first day of the Melbourne Cup Carnival, the AAMI Victoria Derby Day since 1991.
  • A Day on the Green: Sponsoring this live music festival at wineries and parklands since 2013.
  • AAMI Park and NRL: Sponsoring Melbourne’s stadium home for soccer and rugby since 2010, and NRL Referees and NSW Country Rugby League since the 2000s.

How AAMI supports the environment

  • Reduced carbon footprint by 2.7%.
  • Increased use of video conferences instead of interstate flights.
  • Reduced use of paper and landfill.
  • Only 100% Australian carbon offset paper in use.

Compare Home and Contents Insurance

Compare Home Building Only Insurance

Compare Contents Only Insurance

 Written by: TJ Ryan