Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

Building Insurance

AAMI is the trusted insurer of around 800,000 Aussie households.

Approved Repairs - Guaranteed for Life badge Approved Repairs - Guaranteed for Life badge Approved Repairs - Guaranteed for Life badge Approved Repairs - Guaranteed for Life badge

Lucky you're with AAMI

SAVE $25
When you get a new quote and buy online

What is Building Insurance?

Building Insurance can help cover the loss or damage to your insured building, if it’s caused by insured events like storms, burglaries and fire. It doesn't cover contents inside your home, but it can cover permanently attached fixtures, like, garages and solar panels. Get a building insurance quote today!

Building Insurance

Complete Replacement Cover and Approved Repairs badges

Temporary Accommodation

If your home is damaged by an insured event and you can't stay there while it's being repaired or rebuilt, we'll cover up to the lesser of 52 weeks or 10% of the building sum insured for temporary accommodation, so you still have a roof over your head.

Motor burnout cover

If the motor in one of your fixed appliances burns out and that appliance is less than 7 years old, we’ll help you take care of repair or replacement.

Lifetime guarantee on authorised repairs

When we repair or rebuild the building, we guarantee the quality of materials and workmanship of that work for the lifetime of the building if we:

  • authorise
  • arrange, and
  • pay the builder or repairer directly for this work.

For full details, see the PDS.

what's included?

  • Repair or rebuild of your home
  • Temporary Accommodation
  • Motor burnout cover
  • Lifetime guarantee on authorised repairs

Full list of coverage types

what's optional?

  • Complete Replacement Cover

Insured events?

  • Fire
  • Storm, flood or lightning
  • Theft
  • Malicious damage

Full list of insured events


Save $25
When YOU get a NEW quote and buy online

Get a quote

Policy document downloads
Product Disclosure Statement (PDS)

What am I covered for?

What's covered by Building Insurance?

There are two categories of coverage type with your Building Insurance quote — your standard coverage, included by default, and Optional Covers. Brush up on both and consider what type of coverage you may need.

Your coverage

Optional cover
Complete Replacement Cover

Insured Events

These are the insured events that you'll be able to make a claim for, if loss or damage is caused to your building. Most of them have limits, conditions and exclusions, so make sure you check the policy documents and learn exactly what's covered.

We do not insure you for bushfire, storm, flood or tsunami in the first 72 hours of your policy. Very limited exceptions apply. Read the PDS for more detail

Assessing your property

Types of Property Insurance

AAMI Home Building Insurance

Frequently asked questions

Find out what our Home Insurance customers think

Eligible home & car insurance

Eligible Car Insurance policies include:

  • AAMI Comprehensive Car Insurance
  • Third Party Property Damage Car Insurance
  • Third Party Fire & Theft Car Insurance

Eligible Home Insurance policies include:

  • Home, Contents or combined Home & Contents Insurance
  • Fire and Theft Contents Insurance.

Excludes other offers

20% discount not available with any other offers and doesn’t apply to optional Roadside Assist or Home Assist. T&C's apply.

Motor burnout cover

If the motor in one of your fixed appliances burns out and that appliance is less than 7 years old, we’ll help you take care of repair or replacement.

Temporary Accommodation

If your home is damaged by an insured event and you can't stay there while it's being repaired or rebuilt, we'll cover up to the lesser of 52 weeks or 10% of the building sum insured for temporary accommodation, so you still have a roof over your head.

Lifetime guarantee on authorised repairs

When we repair or rebuild the building, we guarantee the quality of materials and workmanship of that work for the lifetime of the building if we:

  • authorise
  • arrange, and
  • pay the builder or repairer directly for this work.

For full details, see the PDS.

Home Building Calculator

This calculator has some questions included that you may not find in other calculators, which will impact the estimate that is calculated.

Contents damage or loss

Covers loss of, or damage to, the things in your home, garage and/or shed after an insured event. This can include electronics, furniture, clothing and more. You can also add Portable Valuables Cover for items you often take outside the home, such as a laptop computer.

Building damage or loss

Covers loss of, and damage to, buildings, if caused by an insured event such as fire, break-ins and weather events (like storm, flood and bushfire). Buildings covered include your home, along with garages and sheds.

Complete Replacement Cover

This Optional Extra is exclusive to AAMI and gives you peace of mind that we'll choose to repair, rebuild your house as it was, or pay you what it would cost us to do so, without you having to set a specific sum insured limit.

High Value/Risk Items

If you have a high-value (over $1,000) or high-risk item, you need to specify it to cover its full value, as such items are not necessarily included as unspecified portable items. Items that need to be specified include:

  • Laptops, mobile phones and electronic tablets
  • GPS or navigational devices
  • Photographic equipment
  • Golf carts
  • Motorised wheelchairs or mobility scooters.

Portable Items

Unspecified Portable Items is an optional protection for accidental loss or damage to personal valuables normally carried with you away from home (anywhere in Australia and New Zealand).  This can cover items such as such as:

  • Jewellery and watches
  • Cameras
  • Handbags and wallets
  • Handheld gaming systems
  • Glasses and sunglasses
  • iPods/MP3 players
  • Bicycles and sports equipment*.

These items don’t need to be specified to be covered.

*Sporting equipment is covered when not being used, except for bicycles which are covered if not racing or pace-making.

Loss of rent

If an insured event occurs and your property is unliveable as a result, we’ll pay the weekly rental amount for up to 52 weeks or $25,000, whichever is less.

Contents damage or loss up to your chosen amount

Covers loss of, or damage to, the things in your home, garage and/or shed after an insured event. This can include electronics, furniture, clothing and more. You can also add Portable Valuables Cover for items you often take outside the home, such as a laptop computer.

Contents damage or loss

Up to $25,000 for damage to, or loss of, the contents of your home caused by fire or break-ins.

Temporary accommodation

If your home is deemed unliveable following an insured event, we offer cover for the reasonable costs of temporary accommodation for the time it will take to repair or rebuild your home. The most we’ll pay is up to 4 weeks in short term accommodation, such as a hotel, and then up to another 48 weeks in residential accommodation if necessary. We’ll also cover the cost of redirecting mail to the temporary address and connecting utilities. Not available with Fire & Theft Contents Insurance.

Office bearer’s liability

Covers up to $1 million for office bearers or committee members if a claim is made against them for a wrongful act.

Shared contents

Offers cover for contents shared between multiples strata properties, such as washing machines, gardening equipment and shared gym equipment that doesn't belong to a unit owner or tenant, covered up to a chosen Sum Insured.

Back in Business

Offers cover for contents shared between multiples strata properties, such as washing machines, gardening equipment and shared gym equipment that doesn't belong to a unit owner or tenant, covered up to a chosen Sum Insured.

Glass & signs

This provides cover for loss of, or damage to, glass windows, signs and showcases at your business premises.

Public Liability

Public Liability offers cover for your costs if you are found to be legally responsible for personal injury to a third party, or damage to their property.

Tenant Protection

Extra cover to protect you against the costs of unpaid rent, theft or malicious damage by your tenant and their guests.

Tax Probe

Also known as Tax Audit, this provides cover for the professional and accountant’s fees incurred by you in connection with an audit of your business’ financial or tax affairs by the ATO, or by a Commonwealth, State or Territory department, body or agency.

Learn more about Tax Probe