GMCU home insurance is backed by Allianz, which has a strong complaints record and solid benefits. However, premiums are also more expensive than average.
GMCU offers a No Claim Bonus of up to 30% if you haven't claimed in the last 5 years.
Get up to 10% off your first year's premium when you buy online.
You can pay monthly at no extra cost.
Cons
Our cost research indicates GMCU is more expensive than average.
There's no underinsurance protection but some brands offer up to 20%.
There's only a 14-day cooling off period. Many brands offer 21 days.
How does GMCU compare with other popular providers?
Price
Our cost research found GMCU was more expensive than average. The average GMCU home insurance quote was $3,033, compared to the overall average of $2,780.
Aussie has a range of additional cover options, including:
Accidental damage - Cover for accidental and unexpected damage, such as spilling red wine on your new carpet.
Motor burnout - Covers in case an electrical current damages your household electrical motors.
Domestic worker's compensation cover - Cover in case a household employee is injured at your home.
Portable contents - Cover for personal items you take outside of the home, including phones and jewellery.
How to make a claim
If you need to claim on your home insurance policy, start your claim online and GMCU will be in touch to guide you through the next steps.
To get started, you'll need information about the incident, including the date, what happened, details about the loss or damage, and information about any people, vehicles or property involved. You can also call Allianz on 1300 555 030 if you need support.
GMCU home insurance complaints information
Allianz Australia, the brand that underwrites GMCU home insurance, was the subject of 760 home insurance complaints and 103 contents insurance complaints in the 2023/24 financial year. However, Allianz Australia is categorised as a "very large" insurer. AAI, another "very large" insurer, received 1,786 home insurance complaints and 414 contents insurance complaints in the same time period.
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FAQs
GMCU Home Insurance is underwritten by Allianz Australia.
Nicola Middlemiss is a journalist with nearly a decade of experience in personal finance and insurance. She has contributed to Domain, Yahoo Finance, Money Magazine and Insurance Business Australia, offering in-depth insights into commercial insurance in the Australian market. Nicola holds a Bachelor’s degree in English from the University of Leeds and a Tier 1 General Insurance (General Advice) certification, which complies with ASIC standards. See full bio
Nicola's expertise
Nicola has written 245 Finder guides across topics including:
Personal finance
Personal insurance, including car, health, home, life, pet and travel insurance
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