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Outstanding Value Building Insurance

This year, Westpac has been awarded Canstar’s 5-Star Rating for Outstanding Value Home Insurance for the second year in a row! See our awards

Choose from 3 levels of cover

Below is a summary of each cover level. For full details of the terms and exclusions, limits and conditions, read the Product Disclosure Statement. (PDF 609KB)


  Essential Care
Quality Care
Premier Care

Storm, flood, fire, lightning

storm cover excludes damage to gates, fences and freestanding walls


Fire, explosion, earthquake      
Emergency repairs and protection


Emergency accommodation Up to $10,000 Up to 10% of the sum insured or the cost of accommodation for up to 12 months in total, whichever is less Up to 10% of the sum insured or the cost of accommodation for up to 12 months in total, whichever is less
Accidental breakage of glass      
Electrical motor burnout      
Escape of liquid


excludes loss or damage resulting from liquid escaping from a shower recess





Purchasing a home   Up to $20,000 Up to $20,000
Fire brigade and service changes Up to $5,000 Up to $5,000 Up to $5,000
$20m legal liability cover
Sum insured safety net
Up to 10% of the sum insured
Up to 20% of the sum insured Up to 30% of the sum insured

Malicious acts and unrest

Why choose Westpac?

Peace of mind

Lifetime guarantee on authorised (and arranged) repairs

Emergency accommodation

If your home becomes unliveable, we provide emergency accommodation1

You've got a safety net

Automatic safety net in case repair or replacement costs are higher than expected2

Flexible payment options

Manage your budget and pay by the month at no extra cost^

Online offer

Save 15% when you quote and buy online

Quote and buy online and save 15% off your annual premium for the first year with promotional code COVER. 


Local consultants with you every step of the way

Allow 15 minutes to lodge your claim online and get instant confirmation. We will reach out in 3 business days to confirm the details and process your claim.


"After the Townsville floods, Westpac really helped me, they’ve rung me to check on me and I know there were so many claims but I didn’t feel like just a number.” 

Merran Matheson, Deputy Principal, Townsville.

Watch Merran's story

Things you should know

Cover is subject to your application for insurance being accepted.

Home and Contents Insurance Product Disclosure Statement (applicable to policies issued on or after the 20 August 2021 or renewed on or after the 5 October 2021) (PDF 609KB)

For the standard terms, conditions and exclusions about our Home & Landlord Insurance, please refer to the relevant Product Disclosure Statement (PDS) and any supplementary PDS (if applicable). To see some of the events covered and not covered, please refer to our Key Fact Sheets (KFS).

^ Premiums payable by instalments may be subject to minor adjustments due to rounding, and financial institution transaction fees may apply.

* Quote and buy online and save 15% off your annual premium for the first year with promotional code COVER. Plus, save 10% when you combine building and contents at the same address under the one policy.


Safety net of between 5% and 30% of your sum insured, depending on your type of cover.

2  If your home is unliveable we will cover up to $10,000 (under Essential Care Building Insurance) or $5,000 (under Essential Care Contents Insurance) or up to 10% of the sum insured for up to 12 months (under Quality or Premier Care) for similar alternative accommodation. 

The Building and Contents calculators available through our websites are intended as a guide only. For a more accurate rebuilding cost, consider obtaining a professional valuation from a licensed builder or professional valuer. 

Home and Contents Insurance is issued by Allianz Australia General Insurance Limited ABN 99 003 719 319, which is a corporate authorised representative of Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz Insurance). Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 arranges the insurance under a distribution arrangement with Allianz Insurance, but does not guarantee the insurance. This information does not take into account your personal circumstances. Read the Product Disclosure Statement to see if this insurance is right for you.

A target market determination has been made for this product. Please visit for the target market determination.

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