Each month, we get crunching on most every home insurance product in Australia to see how they stack up. We rank over 50 products on 16 different features, including price. We end up with a single score out of 10 that helps you compare home insurance a bit faster.
With Westpac home insurance, you have the choice of a combined home and contents insurance policy, building insurance, contents insurance and landlord insurance. You can also choose from essential, quality and premier care options.
Here's a quick overview of the main insured events you'll be covered for with Westpac home insurance.
All policies come with a basic excess. You can opt to pay as little as $500 or as much as $10,000. They also come with a cooling off period of 14 days. If you cancel your policy within this time frame, you can get a full refund.
Here are some of the standard inclusions you'll get with a Westpac premier care home insurance policy.
Westpac home insurance has loads of inclusions, so this is the only optional add-on available:
Westpac will not pay your claim for any of the following reasons:
Make sure you read Westpac's PDS for a more detailed breakdown of exclusions. You can also head to general exclusions for more information.
We looked at home insurance complaint data from the Australian Financial Complaints Authority (AFCA) between July 2020 and June 2021. The data breaks down different underwriters and compares their business size to the number of complaints processed.
When comparing insurers, keep in mind that insurers with a larger market share serve more customers, so can potentially get more complaints.
Here's an overview of how Westpac (Allianz Australia Insurance Limited) did:
Westpac home insurance is ideal if you want an affordable home insurer with a relatively good complaints record, but less so if you're looking for lots of add-ons.
If you're not yet ready to take out a policy, you can compare Westpac home insurance policies side-by-side with other providers here.
If you've held or currently hold a Westpac home insurance policy, we'd love to hear from you. Your reviews help other Australians decide if Westpac is right for them. Some reviews are from a survey commissioned by Finder.
All user-submitted reviews must meet our review guidelines. These set out our standards and expectations, including that the review is from by a genuine user of the relevant product or service and that it is honest, authentic and respectful. We explicitly prohibit fake or otherwise misleading reviews and we check all submissions, but we make no guarantee as to the authenticity of any published review or reviewer. Some reviews may be submitted (regardless of sentiment) in exchange for entry into any competition(s) for which we are the promoter.
so far I have had no need to claim, so I don't have a full picture of whether they are good or not
Covers the necessities
it's from a bank
westpac offer good value and underwriting security. they process claims quickly
they have a great cover for personal items
It is comprehensive.
Comprehensive cover at a very reasonable price underwritten by Allianz
They are terrible. Get away ASAP.
Great coverage easy to deal with
its with the Westpac Bank
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price on home &contents insurance, thank you, Brian.
Hi Brian,
Thanks for getting in touch. Kindly note to get a quote for Home and Contents Insurance, you may contact Westpac directly. You can find their contact details on their website. Hope this helps!
Cheers,
Nikki