Comprehensive home cover

Chances are, your home is your most precious possession – so make sure it’s insured against accidental damage. With home insurance you’re covered for repairs or a rebuild up to your sum insured. What does ‘sum insured’ mean? The sum insured is simply the maximum amount we will pay to repair or rebuild your home.

It's for you if:

  • you’re a homeowner.
  • you want the reassurance of knowing your home will be repaired or rebuilt up to the sum insured if it’s accidentally damaged or in the event of a total loss.
  • you need temporary help paying your Westpac home loan if you lose your home completely.

Key benefits of Westpac Home Cover

Comprehensive cover: Your home is covered for accidental damage that includes damage by fire, water, natural disaster or burglary.

Cover for your Westpac home loan: You could receive a contribution towards your Westpac home loan of up to $1,500 per month for up to 3 months in the event of a total loss of your home, as well as a $1,000 stress payment.

Flexibility of premium payments: We don’t charge you extra for paying your premiums fortnightly or monthly so you can choose to pay whichever suits you best.

You're also covered for? Up to
Temporary accommodation for you and your dogs and cats if you live in your home and it’s damaged and unable to be lived in 12 months (max $25,000)
Liability for damage to someone else’s property because of an accident at your place $2 million
Fatal injury benefit - A payment to your estate if you or your spouse die from a fire or burglary at home $5,000 each ($10,000 total)
Stress payment if you lose your home completely $1,000
New locks, keys or remote doors openers if they’re lost or stolen (and you live in your home) $2,000 with no excess 
Landscaping costs after your home is damaged $3,000
Hidden gradual damage to the home by leaks from internal pipes, while you own it $3,000
Damage caused by your pets $1,000

Download the full terms, conditions, exclusions and limits that apply for Westpac’s comprehensive Home cover insurance.

Home Cover insurance can pair well with…

You might like to pick up comprehensive contents insurance with your home insurance, so you can protect the belongings inside your home, as well as your home itself.

How can I save money on my premiums?

Here are some tips that could help you save:

  • you could save money on your premium by increasing your excess
  • you’ll get a discount if you’re 50 years old or over
  • when you insure your home that you live in with Westpac, you’ll get up to 10% discount on any other Contents, Vehicle or Boat policies you have with us.

30-day free look

You’re entitled to a free look period of 30 days from the start date of your policy.

If you decide this cover is not for you within the free look period, please call us on 0800 809 378 and we’ll refund any premiums you’ve paid.