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Building Insurance

AAMI is the trusted insurer of around 800,000 Australian homes. Get a Building Insurance quote online.

AAMI Complete Replacement Cover icon

Lucky you're with AAMI

SAVE $25
When you buy online

What is Building Insurance?

Building Insurance offers cover for the costs of repairing damage to your home, if that damage is caused by an insured event such as storms, fire and floods. It doesn’t cover the contents inside your home, but does extend to permanent fixtures and structures like fences, sheds, garages and solar panels.

We've got you covered
Giving you peace of mind


$25 OFFnew policies when purchased online

Covers loss of and damage to buildings, including your home, garages and sheds, caused by fire, break-ins and wild weather events. Includes storm, flood and bushfire. You can get a building insurance quote online, quickly and easily.


Get a quote

Policy document downloads

Product Disclosure Document (PDS)

  • Damage or loss of your home, garages and sheds

    Caused by fire, break-ins or weather events such as floods, storms, lightning, bushfires, earthquake, tsunamis - and even meteorites!

  • Damage to other people and their property

    Up to $20 million cover for your legal liability for an incident at your home address connected to you owning or living there.

  • Option to upgrade to 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.

This is just a summary. For full details about what is and isn't covered, check the PDS (Product Disclosure Statement) It's dry, we know, but it's essential reading.

AAMI Building Insurance

AAMI Complete Replacement Cover icon


Our best protection against underinsurance.

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.

More about Complete Replacement

Is your home on a shared block?
Do you share any walls?

Try Strata Insurance

What AAMI Building Insurance covers


*If your home is damaged by an insured event


**If your home is unliveable as a result of an insured event

What's not covered by Building Insurance

AAMI Building Insurance includes cover for a wide range of events, but there are a few things that aren’t covered.

  • Actions or movements of the sea
  • Biological, chemical or other pollutant or contaminant
  • Damage caused by you, or someone else with your knowledge or permission, breaking the law
  • Bushfires, storms, floods or tsunamis within the first 72 hours of cover

These are just a few examples. For a full list of exclusions, please refer to the PDS.


Helping you at every step

Does your insurer offer a dedicated Client Manager to organise every detail from beginning to end? AAMI Does.

  • All quotes and repairs
  • Sourcing of materials and replacement items
  • Requirements of your local council or authority
  • Regular communication with you throughout the process.

Ways to save on Building Insurance

Combine AAMI Home Building and Contents*

Buy your building and contents insurance at the same time and save. Our combined AAMI Home Building and Contents Insurance gives you an all-in-one policy and can save you up to 10% off your premium when you buy them together.

Increase your excess^

Sounds complex but it’s very easy! With AAMI Flexi-Premiums®, you can choose to increase your excess, to lower your premium.

Pay annually

Pay in one go! If you pay your premium annually, you won’t pay as much as if you pay in monthly instalments.

*Combined Home Building and Contents discount does not apply to optional Portable Valuables cover.
^Up to the maximum excess we offer.  Minimum premiums may apply. Depending on the circumstances, you might have to pay more than one type of excess when you claim.

Proudly Supporting

Victorian State Emergency Service

AAMI has proudly supported the Victorian State Emergency Service since 2002, contributing millions of dollars in equipment and tools to support their work.

Find out more   

Complete Replacement Cover

Sum Insured (Home Building)

The amount you choose to insure your home for, which is the maximum we'll pay to repair or rebuild it in the event of an incident.

It's important that the amount accurately reflects the replacement value of your home building. We recommend seeking the services of an architect, builder or other qualified professional for an accurate estimate. There are also numerous free calculators on Australian websites to help you work it out.

Need a hand?

Chat to us online now