Allianz Australia is part of the Allianz Group, ranked the world's top insurance brand by Interbrand in 2025. Offering car, home, travel, business and more, Allianz brings global expertise to the Australian market.
In This Review
What is Allianz Australia Insurance?
Allianz Australia Insurance is the local arm of the Allianz Group, one of the world's largest financial services companies headquartered in Munich, Germany. The Allianz Group operates in over 70 countries and was named the world's number one insurance brand by Interbrand in 2025, bringing considerable global expertise and financial strength to the Australian market.
In Australia, Allianz offers a comprehensive range of general insurance products including car, home, travel, caravan, boat, CTP, business and landlord insurance. The company is headquartered in Sydney and has been operating in Australia for over 100 years, building a strong presence in both personal and commercial insurance lines.
Allianz performs well in claims satisfaction, with CHOICE surveys recording 70% above-average claims satisfaction - a solid result that places it among the better-performing insurers on this metric. The brand also holds a strong 4.5 out of 5 rating on eKomi from verified customer reviews collected throughout 2026.
The insurer's agreed value car insurance option is a notable strength, allowing customers to lock in a payout amount at policy inception rather than relying on market value at the time of a claim. While some customers report delays in claims processing and premium increases following claims, Allianz's global backing and product breadth make it a significant player in the Australian insurance landscape.
Allianz combines global insurance expertise with local Australian market knowledge, offering a broad product suite backed by one of the world's strongest insurance brands.
Allianz Australia Ratings Across Review Platforms
Disclaimer: Ratings are sourced from public review platforms and surveys as of April 2026. Individual experiences may vary. Scores are aggregated for informational purposes only and do not constitute financial advice. Refer to ASIC's MoneySmart website for guidance on choosing insurance.
What Customers Say About Allianz Australia
The agreed value option on my car insurance was worth every cent. When my car was stolen, I received the full agreed amount without any haggling.
Allianz travel insurance covered our family when flights were cancelled due to weather. The claims process was clear and payment arrived within three weeks.
My home insurance claim took over eight weeks to resolve. Communication could have been better - I had to chase updates repeatedly.
Premium increased significantly after a single minor claim. Felt like I was being penalised for actually using the insurance.
Have been with Allianz for five years across car and home. The online portal makes managing policies easy and renewals are straightforward.
Disclaimer: Review highlights are sourced from public review platforms for informational purposes only. Individual experiences may vary and do not represent guaranteed outcomes. This content does not constitute financial advice. Visit ASIC's MoneySmart website (moneysmart.gov.au) for guidance on choosing insurance products.
Allianz Australia Insurance Products
Full cover for your vehicle with the option to choose agreed value, ensuring you know exactly what you will receive if your car is written off or stolen.
Building insurance covering your home against fire, storm, theft, water damage, impact and other insured events with flexible sum insured options.
Domestic and international travel insurance covering trip cancellation, medical emergencies, luggage loss and travel delays.
Tailored business insurance packages covering property, liability, business interruption, cyber and professional indemnity.
Allianz Australia Pros and Cons
Allianz Australia Insurance Pricing
Allianz positions itself as a mid-to-premium insurer, with pricing that reflects its comprehensive coverage and global brand strength. The following are estimated premium ranges based on publicly available data.
Disclaimer: All pricing figures are indicative estimates based on publicly available data and general profiles. They are not binding quotes. Your actual premium will depend on your individual circumstances, claims history, location, and the cover options you select. Visit allianz.com.au for an actual quote or refer to ASIC's MoneySmart website (moneysmart.gov.au) for guidance on comparing insurance.
Choosing agreed value for car insurance typically costs more than market value but provides certainty on your payout amount if the vehicle is a total loss.
Your address affects premiums based on local claim history, natural hazard exposure, crime rates and proximity to emergency services.
A history of prior claims can increase your premium. Allianz assesses both the frequency and severity of past claims when calculating your rate.
Adding optional extras like hire car cover, roadside assistance or increased portable items cover will increase your premium above the base rate.
A higher voluntary excess reduces your premium. Allianz offers flexible excess options across most products to help manage costs.
Allianz vs Other Insurers
| Feature | Feature | Allianz | AAMI | Suncorp |
|---|---|---|---|---|
| Overall Rating | 4.2/5 | 4.0/5 | 4.1/5 | |
| Car Insurance | Yes | Yes | Yes | |
| Home Insurance | Yes | Yes | Yes | |
| Travel Insurance | Yes | Yes | No | |
| Business Insurance | Yes | Yes | Yes | |
| Agreed Value (Car) | Yes | Limited | Yes | |
| Claims Satisfaction (CHOICE) | 70% | 62% | 72% | |
| 24/7 Claims | Yes | Yes | Yes | |
| Global Presence | 70+ countries | Australia only | Australia only | |
| eKomi Rating | 4.5/5 | N/A | N/A |
Disclaimer: Comparison data is based on publicly available information as of April 2026. Features and pricing may change. Verify details directly with each insurer before purchasing. This comparison does not constitute financial advice. Refer to ASIC's MoneySmart website (moneysmart.gov.au) for guidance.
Alternatives to Allianz Australia
Australia's largest pure-play general insurer with the highest home insurance satisfaction rating in CHOICE surveys at 77%.
One of Australia's most trusted insurance brands with 78% above-average claims satisfaction. Strong presence in NSW, QLD, ACT and Tasmania.
Australia's most-awarded value insurer. Canstar Outstanding Value 19 years running and Finder Insurer of the Year 2026.
Who Is Allianz Best For?
Allianz's agreed value car insurance is a standout feature, allowing you to lock in a specific payout amount. This suits drivers of newer or specialty vehicles where market value may not reflect true replacement cost.
Allianz's travel insurance products are among the most comprehensive in the market, with unlimited overseas medical on top-tier plans and 24/7 global emergency assistance.
Allianz offers tailored business insurance packages covering property, liability, business interruption and cyber risk - backed by the global expertise of the Allianz Group.
As the world's top-ranked insurance brand, Allianz offers the reassurance of global financial strength and over a century of operation in Australia.
Our Verdict on Allianz Australia
Allianz Australia delivers a comprehensive insurance experience backed by one of the world's strongest financial brands. The agreed value car insurance option, solid claims satisfaction scores (70% above average in CHOICE), and verified eKomi rating of 4.5/5 are genuine strengths.
The trade-off is pricing that tends to sit above budget-focused competitors and reports of claims processing delays for more complex cases. Premium increases following claims are also a common customer concern.
For Australians who value brand stability, agreed value options and comprehensive coverage - and are willing to pay a modest premium for those attributes - Allianz is a strong choice across car, home, travel and business insurance.
Common questions about Allianz Australia Insurance
How we research and rate insurance companies
This review is based on data collected from the following sources, last verified in April 2026:
Our editorial scores (out of 10) are calculated using a weighted methodology that considers:
Disclaimer: Our review methodology is for informational purposes only and does not constitute financial advice. Scores represent editorial opinion based on publicly available data. Individual experiences may vary. Always read the Product Disclosure Statement (PDS) before purchasing insurance. For independent guidance on choosing insurance, visit ASIC's MoneySmart website at moneysmart.gov.au.
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