Understanding Home Insurance
What do I need to know?
When it comes to insuring your home and belongings, it’s important to understand what type of cover, and how much cover, might suit your circumstances. Whether you own your own home, are planning to buy your first home, or you’re renting your home, we’ve collated some resources to help you learn more about home insurance.
Getting home insurance
Here you’ll find information, guides and tools to help you navigate some of the key considerations when looking to buy home, landlord and contents insurance.
Calculating your level of cover
These handy calculators can help you estimate the amount you need to rebuild your home or replace your home contents. Use them to help you decide if you have enough cover in the event of theft, a flood, fire, storm or severe natural disaster.1
Why Westpac?
One less step
Sort out your banking and insurance together. Westpac Insurance, provided by Allianz.
Flexible payment options
No extra cost to pay by the month so you can better manage your budget.2
All in one place
See your insurance policies next to your bank accounts in the App.3
Comprehensive cover
Insure your home and contents against theft, storm damage, floods and bushfires.4
Master your home insurance
Staying on top of your policy is almost as important as preparing your home for unexpected events. Here you’ll find resources to help you do both.
Maintaining your home & your home insurance policy
- Simple ways to keep on top of general home repairs & maintenance
- How to get more value from your home insurance
- Home and contents insurance costs explained
- Your home insurance might cover more than you think
- Have you reviewed your landlord insurance recently?
- Check or change your cover with Allianz on 1300 650 255.
Making a claim
You can submit your claim online (24/7) with Allianz using the online claim form. Or call Allianz on 1300 369 989
Insurance for when it matters
This handy collection of guides outlines different cover types for a range of situations.
Insurance for your needs
Make sure your property’s covered from the day you need it to be.
Insurance for first home buyers
Buying your first home? Home insurance may be required as a condition of your home loan, so here are some things to consider about covering your biggest asset.
Insurance for renters
Renting a property? Contents Insurance covers your personal belongings at your home such as furniture, computers, TVs, clothes, shoes, handbags – even your BBQ!
Things you should know
1The Building and Contents calculators provided by Allianz through a third-party provider, are intended as a guide only. For a more accurate cost to rebuild your home or replace your contents, consider obtaining a professional valuation from a licensed builder or professional valuer.
2Pay by instalment at no additional cost compared with paying annually. Instalments may be subject to minor adjustments due to rounding. Note: Your financial institution may apply transaction fees to instalment payments.
3Policyholders need to ensure their personal details on their policy match with their Westpac accounts. Only primary policyholders can see policies alongside their other Westpac accounts.
4Allianz may not provide cover for any loss of or damage to your property caused by cyclone, flood, grassfires and bushfires during the first 72 hours after you first purchase a policy or increase your cover under an existing policy. Refer to PDS for when exclusion periods apply.
Any financial product advice provided on this page is general in nature and does not take into account your personal circumstances. Before making a decision, please consider the relevant Product Disclosure Statement (PDS), supplementary PDS (if applicable) and Target Market Determination (TMD). To see some of the events covered and not covered, please refer to the Key Facts Sheet (KFS).
Home & Contents and Landlord Insurance are issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 (the Bank) arranges the initial issue of the insurance under a distribution agreement with Allianz but does not guarantee the insurance.
By selecting 'Get a quote' you will enter a third-party site hosted by Allianz. Any personal information you provide to Allianz will be collected, used and disclosed in accordance with Allianz's Privacy Statement and Privacy Policy available on their website.
If you purchase Home & Contents or Landlord Insurance with Allianz the Bank will receive a commission of up to 12% of the premium excluding Government fees and charges, plus GST.
Westpac's Privacy Statement is available at westpac.com.au/privacy/privacy-statement or by calling 132 032 8am - 8pm Sydney time, 7 days. It covers:
- How you can access the personal information Westpac holds about you and ask for it to be corrected;
- How you can complain about a breach of the Privacy Act 1988 (Cth) or a registered Code by Westpac and how Westpac will deal with your complaint; and
- How Westpac collect, hold, use and disclose your personal information in more detail.