Allianz Insurance - Quotes For Car, Home, Travel & Life Insurance Australia (2024)

FAQs

What are the top 5 life insurance companies in Australia? ›

Who are the top 5 life insurance companies? The top 5 life insurance companies in Australia are TAL, AIA, Zurich, MLC Limited and Resolution Group. Each of these companies has a range of policies that allow you to set up your life insurance coverage to suit your needs.

Allianz is a popular choice among business travelers due to its AllTrips Executive travel insurance policy with coverage for lost, stolen or damaged business equipment and rental car insurance. Earning 4.1 out of 5 stars, our expert reviewers think Allianz is a great choice for international travel insurance.

Bingle is Australia's cheapest car insurer in 2024, new research from comparison site Finder has found. The online-only car insurer won the 'Low Cost' category of Finder's 2024 Car Insurance Awards, with its comprehensive cover costing just $862 per year on average.

According to a survey conducted in the year ending February 2021 in Australia, Allianz was the leading risk and life insurance company with a customer satisfaction rating of 87.3 percent. The second leading risk and life insurance company with regards to customer satisfaction was Medibank Private.

They are Insurance Australia Group (IAG) with 29% of the market, Suncorp with 27%, QBE with 10%, Allianz with 8%. Some general insurance is provided by government schemes or government insurers.

Claims due to known, foreseeable, or expected events, epidemics, government prohibitions, warnings, or travel advisories or fear of travel are generally not covered (coverage can vary by state.)

Founded in 1896. “A+” (excellent) rating by Better Business Bureau (BBB) “A+” (superior) rating by AM Best. Strong financial stability.

The Standard & Poor's rating of AA (Very strong)

You'll need worldwide travel insurance (excluding USA) for your trip to Australia. Check that the policy you choose includes Australia on its list of countries covered, as well as any other destinations you're visiting as part of the same trip.

Why is Australian travel insurance so expensive? ›

Canstar travel insurance expert Steve Mickenbecker (pictured above), noted that the cost of overseas travel insurance increased for the second year running due to the impact of the challenging COVID-19 landscape in 2022. This prompted insurers to provide coverage at a higher cost to mitigate increased risks.

For most travelers to Australia, we recommend the Atlas Travel Insurance plan for affordable global coverage. For US citizens traveling to Australia, we recommend GeoBlue Voyager Insurance. This is a premium option with a high level of coverage for a slightly higher rate. Get quotes for each of these options here.

"Currently motor vehicle premium prices are rising because of the increasing value of motor vehicles making them more costly to replace, inflation and supply chain issues driving up repair labour costs and the price of motor parts, and the increasing cost of capital for insurers driven by ongoing extreme weather events ...

Getting the best deal on car insurance

Comprehensive insurance can save you money if you can't afford to pay for repairs (to your or someone else's car) or live without your car. Third party property, fire and theft insurance might suit you if you park on the street. It will save you money if your car gets stolen.

TAL Life is the largest life insurance company in Australia, with a market share of 34%. TAL is a subsidiary of Dai-ichi Life, one of the largest life insurers in the world.

2.2 The home and motor insurance market in Australia is dominated by four main insurers—IAG, Suncorp, QBE and Allianz—issuing cover under multiple brands. Collectively, these larger insurers make up approximately 74 per cent of the market.