Allianz vs AAMI car insurance

Tossing up between Allianz and AAMI? We've compared each insurer side by side.

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By

Peta Taylor

Updated

Fact checked

Allianz and AAMI are two of Australia's most popular car insurers. AAMI offers higher benefit limits in some areas like; hire car after no fault accident, emergency repairs and personal effects coverage.

Allianz vs AAMI — compare key features

We've compared the basic comprehensive car insurance policies on offer from Allianz car insurance and AAMI car insurance. See further below for other types of car insurance offered by these providers.

Allianz Comprehensive image
Allianz Comprehensive
AAMI Comprehensive Car Insurance image
AAMI Comprehensive Car Insurance
Underwriter
Allianz Australia Insurance Limited
AAI Limited
Accidental Damage
Damage to other people's car


Bonuses
No
$50 online discount
Roadside assistance
No
Optional
Agreed or market value
Agreed
Agreed or Market
Choice of repairer
Legal liability
Up to $20,000,000
Up to $20,000,000
Fire and theft
Storm
Flood
Hire car after theft

Up to $50 per day - Until claim is completed

Reasonable costs - Up to 21 days
Hire car after no fault accident

Up to $50 per day

Reasonable Cost
Hire car after at fault accident
Optional

Up to $50 per day
Optional

Up to $90 per day
Emergency repairs

Up to $500

Up to $1,000
Emergency travel and accommodation costs

Up to $500

Up to $1,000
New car replacement

If your car is written off or stolen in the first 2 years

If your car is written off or stolen in the first 2 years
Personal effects/property

Up to $500

Up to $1,000
Locks and keys replacement

Up to $1,000
Optional
Towing
Trailer cover


Up to $1,000
Important
Limits, exclusions and terms and conditions apply. Read the Product Disclosure Statement.
Limits, exclusions and terms and conditions apply. Read the Product Disclosure Statement.

Car insurance policies on offer

Allianz offers 2 types of car insurance:

  • Comprehensive insurance
  • Third party property damage insurance

AAMI offers 2 levels of car insurance:

  • AAMI Comprehensive
  • AAMI Third party property damage

AAMI's third party property damage policy can have fire & theft car insurance added to it.

Customer reviews

Allianz has slightly better ratings than AAMI on popular review websites. However, it scored lower in our Customer Satisfaction awards. Allianz scored 4.19/5 and AAMI scored 4.32/5.

Allianz and AAMI complaints information

Using data from the Australian Financial Complaints Authority (AFCA), we can see how many motor insurance complaints the underwriters from AAMI (AAI) and Allianz have received and resolved.

UnderwriterComplaints received Complaints resolved at registration & referral Referral resolution rate
Allianz
575
292
50.78%
AAI
2231
1370
61.43%

Finder's verdict

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Our expert says

"Allianz and AAMI are pretty dependable insurers with solid coverage. AAMI has a few benefits with higher limits than Allianz but if you care about having a choice of repairer, Allianz would be a better fit. We also ran a few quotes and our research suggests AAMI is cheaper on average. Everyone's circumstances are slightly different so it's worth getting a quote from both to see who is best for you."

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FAQs

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Written by

Publisher of Insurance

Peta Taylor is a publisher at Finder, working across all of insurance. She's been analysing product disclosure statements and publishing articles for over 2 years. Peta is passionate about demystifying complex insurance products to help users make well educated decisions with confidence. Peta is part of Finder's insurance awards team and works alongside editorial and insights experts to bring users the best insurance products every year. See full bio

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2 Responses

    Default Gravatar
    KenMarch 19, 2025

    How Does AAMI as overall insurers with RACV

      AvatarFinder
      PetaMarch 20, 2025Finder

      Hi Ken, if you’re wondering how AAMI compares to RACV then I’ve put a quick analysis of their comprehensive policies below.

      In terms of coverage offered, RACV is a bit more thorough. You can pay a bit extra to get your own choice of repairer if you like and key/lock replacements are covered. AAMI doesn’t offer choice of repairer or key replacement.
      However, AAMI offers roadside assistance as an optional add on, RACV does not.
      What’s best for you here will depend on what features you care for more. If you’ve got any specific features in mind, let me know and I’d be happy to share some suggestions.

      In terms of pricing, our research shows that RACV is typically more expensive than AAMI. We found that there’s often a few hundred dollars difference between the two so it’s definitely worth getting your own quotes and comparing the difference.

      I’d say; if you care for more features and are happy to pay a bit more – RACV is worth considering. If you’re more concerned about keeping costs lower and don’t mind not having access to a choice of repairer or key replacement then AAMI might be a better bet for you.

      I hope this helps!

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