Car Insurance
Choose a level of Bank of Melbourne Car Insurance cover that suits your lifestyle and budget.
Why choose our car insurance?
What level of cover do you need?
Our comparison table provides a summary of the key features and benefits which can help assist in finding car insurance that may suit your needs.
This is a summary only. For the standard terms, conditions, limits and exclusions of cover, please refer to the Product Disclosure Statement (PDS) (PDF 567KB) and the Premium, Excess, Discount and Options Guide (PED) (PDF 154KB).
Comprehensive Cover |
Third Party Property Damage Cover |
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| Legal liability up to $20 million | ||
| Legal liability cover up to $20 million when using a substitute vehicle | ||
| Legal costs in defending claims covered by the policy | ||
Choosing your own repairer |
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A Safe Driver Discount for eligible drivers# |
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| Loss or damage to your car caused by an at fault uninsured driver | Up to market value of $5,000 | |
| Accidental loss of or damage to your vehicle | ||
| New replacement car if your new car (less than two years old from original registration) is a total loss #Conditions apply. Please refer to the PDS |
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| Cost of emergency repairs after a covered accident | Up to $500 | |
| 30 day car rental following theft | Up to $100 per day for up to 30 days |
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| Child seat or baby capsule | Up to $500 | |
| Personal effects and clothing damaged in an accident or stolen from your locked vehicle | Up to $1,000 | |
| Emergency accommodation and travelling expenses | Up to $1,000 if more than 100km from home | |
| Transportation costs if your vehicle cannot be driven home after an accident | Up to $500 | |
| Reasonable cost of towing after a covered incident |
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| Trailer and Caravan cover | Lesser of $1,000 or market value | |
| Lock re-keying / re-coding | Up to $1,000 | |
| Temporary cover on replacement vehicle - 14 days |
Optional benefits for Comprehensive Cover
- Rental car after accident, up to $100 per day for up to 30 days
- Up to $3,000 cover for tools of trade
- Removal of basic excess for 1 windscreen replacement and 2 repairs in each period of insurance
Offers
Save with New Comprehensive Car Insurance online*
You can save up to 25% is a combination of three discounts: save up to 10% on your first year’s premium for buying a new policy online, save up to 10% Safe Driver Discount for eligible drivers and save up to 5.8% when selecting the Named Driver Option and listing all your drivers on the policy. These discounts do not apply to Third Party Property Damage policies.*
Make a claim
If you're involved in an accident
- Don’t admit to anyone involved that you were at fault
- Write down the full names, addresses and phone numbers of all drivers, passengers and witness involved
- Take all reasonable steps to prevent any further loss or damage from occurring
- Write down the vehicle registration numbers and insurance details of all vehicles involved and gather any other evidence or information to support your claim (such as medical certificates and reports)
- The insurer will advise you about any other aspects of the claims procedure which apply (this information can also be found in the policy terms and conditions). You may need to provide us with this information when making a claim.
If your car is stolen or maliciously damaged
- You must call the police if your car is stolen or maliciously damaged.
- You may need to provide the name of the police officer and police stations where you made the report.
Start your claim via Allianz
Or call us on 1800 825 866 24 hours a day, 7 days a week.
The Detail
The Detail
Cover is subject to your application for insurance being accepted.
* Up to 25% discount is a combination of three discounts: up to 10% discount for buying online, up to 10% Safe Driver Discount for eligible drivers and up to 5.8% discount when selecting the Named Driver Option and listing all your drivers on the policy. These discounts do not apply to Third Party Property Damage policies. If you choose to reduce your premium by naming drivers on your policy, an unnamed driver will incur a $2,500 excess (this replaces the basic and all other excesses where applicable). Minimum premiums may apply. Any discounts/entitlements may be subject to rounding and only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. Any online discount offered is applied to our standard rates. Discounts may not be applied to the premium for optional covers. The online discount applies to new Comprehensive Motor Insurance policies only in the first year (unless stated otherwise). Promotional or other discounts may apply from time to time for customers who apply for insurance via other methods. The Safe Driver discount applies to eligible Comprehensive Motor Insurance policies. Any discount entitlement is determined by the insurance and driving histories of all drivers on the policy and the number of claims made by them.
^ Premiums payable by instalments may be subject to minor adjustments due to rounding and financial institution transaction fees may apply.
# Safe Driver Discount applies to Comprehensive Motor Insurance policies only. Any discount entitlement is determined by the insurance history and driving history of all drivers on the policy and the number of claims made by them. If eligible, the maximum Safe Driver Discount that may be applied on new policies is up to 10%.
Bank of Melbourne Motor Insurance is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 (Allianz). Bank of Melbourne - a Division of Westpac Banking Corporation ABN 33 007 457 141 arranges the insurance as agent of Allianz, but does not guarantee the insurance. Policy terms, conditions, limits and exclusions apply.
This information does not take your personal objectives, circumstances or needs into account.
Read the relevant Retail and Business Banking Financial Services Guide, Credit Guide and Privacy Statement. (PDF 87KB), Product Disclosure Statement (PDS) (PDF 567KB) and the Premium, Excess, Discount and Options Guide (PED) (PDF 154KB) to see if this insurance is right for you. Call 1800 825 866.
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Bank of Melbourne’s Privacy Policy is available at bankofmelbourne.com.au or by calling 13 22 66. It covers:
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- How Bank of Melbourne collect, hold, use and disclose your personal information in more detail.
© Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.