What we cover - insured events
This section describes under the heading:
Yes - the insured events you are covered for,
No - the conditions and exclusions that specifically apply to particular insured events.
Yes
You are covered for damage or loss to your contents while they are in your home or at the site, occurring during the period of cover, caused by the following events:
Animals and birds - the actions of animals and birds
Earthquake including subsidence and landslide caused by an earthquake.
Explosion
Fire (burning with flames).
No
You are not covered for:
Damage or loss caused by:
vermin, rodents or insects (including termites), domestic animals,
animals and birds kept by you in your building or at the site,
scratching, chewing, tearing or soiling contents in the open air and within partially enclosed buildings at the site.
Damage or loss caused by tidal wave, tsunami, high tide or other actions of the sea.
Damage or loss caused by:
any process involving the application of heat where there was no flame, for example, cigarette burn marks or scorch marks are not covered,
soot and smoke where your building or the site has not been damaged by fire unless there was an occurrence within your building where no flame resulted but soot and smoke damage was caused.
Yes
Impact - sudden and unexpected impact of any:
motor vehicle, aircraft, watercraft or space debris,
object falling from a motor vehicle or aircraft,
falling tree or part of a tree,
aerial, mast or satellite dish which breaks or collapses.
Liquid escaping suddenly and unexpectedly from a:
water main, drain, fixed pipe, gutter, guttering, fixed tank or drain,
sink, basin, bath, shower, toilet or spa bath,
dishwasher or washing machine,
fixed heating or cooling system,
aquarium.
Malicious acts and vandalism - actual or attempted by persons who are not living with you.
Riot, civil commotion or labour disturbances
Storm and rainwater including stormwater runoff from areas surrounding the site, or water escaping from any water main, drain, pipe, street gutter, guttering or surface.
Storm means violent wind (including a cyclone or tornado), thunderstorm or a heavy fall of rain, snow or hail.
No
Damage or loss resulting from:
liquid escaping slowly over a period of time where you could reasonably be expected to be aware of this condition.
The cost of repairing or replacing the item from which the water or liquid escaped.
Damage or loss caused if you or anyone living with you participated in the event.
Damage or loss caused by flood. Flood means the inundation or covering of normally dry land by water which:
escapes or overflows from, or
cannot enter, because it is full or has overflowed, or
is prevented from entering, because other water has already escaped or been released from it,
the normal confines of any watercourse or lake, including any that may have been modified by human intervention, or reservoir, canal, dam or stormwater channel.
Yes
Theft - by persons who are not living with you.
Thunderbolt and lightning
No
Flood does not mean stormwater runoff from areas surrounding the site, or water escaping from any water main, drain, pipe, street gutter, guttering or surface.
The cost of cleaning or clearing debris from any pool or spa.
Damage or loss caused by water seeping into or otherwise entering your building due to:
a defect or fault in the design, structure or construction of your building where you could reasonably be expected to be aware of the defect or fault,
building alterations, renovations or additions.
Damage or loss caused by dust where your building has not been otherwise damaged by storm.
Damage or loss to a value of more than $1,000 per event caused by theft of contents which were in:
the open air at the site,
within motorised vehicles, caravans, campervans and camper trailers at the site,
any buildings or outbuildings that were not fitted with working locks, or
partially enclosed buildings or areas of buildings such as carports, balconies, courtyards and verandahs.
Excesses
An excess on your policy is the amount you have to pay towards
each claim.
When an excess applies to your policy, it will be shown on
your insurance schedule and updated on your renewal notice.
When you make a claim we may require you to pay the excess
or we may deduct the excess from any payment we make. We will
tell you when and how the excess is to be paid or deducted.
If you make a claim for loss or damage caused by earthquake,
a compulsory additional excess of $200 is payable.
What happens when your buildings
and contents are both insured with AAMI
When your buildings and contents are insured with AAMI and
your claim is for loss or damage to both, only one excess,
the higher of your buildings and contents excesses, will be
payable.
Discounts
Increased excess premium discount
When you choose a higher excess, your premium will be lower.
The higher the excess you choose, the bigger the discount.
Please call 13 22 44; for full details.
No-claim discount
A no-claim discount applies to your AAMI home contents policy.
The discount increases each year, provided there is no claim
made, until it reaches the maximum discount level. Where there
has been a claim, the discount is reduced for the new period
of cover when you renew your policy.