Works of art


If you have pieces of artwork that bring you joy, you want to ensure they’re covered should they experience loss or damage due to an insured event. Here is some more information about what kind of coverage you potentially have for works of art when you have AAMI Home Contents Insurance cover.

What’s covered

We cover works of art, including paintings, pictures, antiques (not jewellery), sculptures, ornaments and art objects. We have a flexible limit of $2,500 per item or set, up to a total of $5,000.

You are able to choose to increase this limit but an additional premium may apply. When you do this they become ‘specified contents’ and are shown on your certificate of insurance.

The most we will pay for any one incident for specified contents will be the amount shown on your certificate of insurance.

Know that for claims that include an item valued over $3000, we will ask for proof of purchase, a professional valuation, and a photograph as a minimum.

What’s not covered

There are some instances where you will not be covered for any loss or damage such as  from deliberate or reckless actions by you, your family, anyone living at the building or any owner or part owner of the building, or anyone acting with your given or implied consent. You can learn more about this coverage and other exclusions in the Product Disclosure Statement.

If the item cannot be replaced ‘new for old’ or repaired, we will pay you what it would have cost to buy the item immediately before the loss or damage occurred, up to the relevant limits in your policy. We may engage an expert to help determine this.

You can learn more about this coverage and the exclusions or limitations in the Product Disclosure Statement.