Bankwest Building Insurance

Bankwest Building Insurance

Mozo Review   Bankwest Building Insurance Review

Last updated: 5 September 2018.

What's hot:
  • 10% online discount

  • Pay monthly at no added cost

What's not:
  • No new for old replacement

  • Monthly premium payments cost extra

Mozo snapshot:

Featuring round the clock service, the Bankwest Building Insurance policy also allows you to choose your excess plus you'll automatically be given a 10% discount if you apply for your policy online.   


Key features:

With Bankwest’s Building Insurance you won’t have trouble receiving cover for any accidental loss, damage or breakage of glass along with 14 unpredictable events, ranging from fires and floods to theft or burglary, vandalism and riots or civil commotion. However, if you’ve got any future renovation plans, it’s important to know that you won’t get cover for building materials or if your home suffers from a storm surge.

You’ll also get legal liability cover for up to $20,000,000 and temporary accommodation for you and your pet if your home becomes unlivable.

Bankwest Building Insurance provides cover up to the sum insured amount for your gates, fences and landscaping along with any needed structural improvements, lock replacements, debris removal, demolition costs or temporary repairs.

Plus, if you often worry that your home hasn’t been insured with the correct value, you can rest easy as Bankwest also offers underinsurance protection of up to 25% of the sum insured amount.

Who it's good for:

Bankwest Building Insurance is a good choice for anyone looking to protect their home against many of life’s unforeseeable events. It’s also available Australia-wide so no matter where you live, you’ll be able to take out a policy.  


Any catches?

One of the things you should know is that Bankwest’s Building Insurance does not offer new for old replacement. This means that should any item be damaged or stolen from your home, Bankwest will not provide you with a new replacement or make any repairs, it will pay out the sum insured amount.

There are always exclusions with any insurance policy so to make sure that your home will be adequately covers, be sure to read the Product Disclosure Statement (PDS) before signing on the dotted line.  



Details

Rates and fees information correct as at 22 November 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings
  • Up to sum insured

Events
  • Optional extra

  • Up to 10 years old

Policy and service features
  • 60

  • Yes - Up to 25% of sum insured

  • $0

  • 10% online discount

  • Up to $20,000,000

Other cover
  • Up to 52 weeks

  • Up to $3,000

Customer Reviews

How are Bankwest home insurance rated by the Mozo community?

Overall customer rating
7.5/10
Value for money
7.9/10
Policy coverage
7.5/10
Customer service
7.3/10
Claims handling
6.5/10
Trust
8.0/10

Latest reviews of Bankwest Building Insurance

  • Overall
    10/10
    All great

    All good

    All good

    Value for money
    10/10
    Policy coverage
    10/10
    Customer service
    10/10
    Claims handling
    10/10
    Trust
    10/10

    Vic | Western Australia

    reviewed over 4 years ago

  • Overall
    6/10
    I like my insurer, I don't want to change

    I like my insurer, I don't want to change. My broker is CBA.

    I like my insurer, I don't want to change. My broker is CBA.

    Value for money
    10/10
    Policy coverage
    10/10
    Customer service
    3/10
    Claims handling
    0/10
    Trust
    10/10

    Daozhi | New South Wales

    reviewed over 4 years ago

Bankwest

About Bankwest

See Bankwest home insurance