Car Insurance
Bank of Melbourne can help you find the car insurance cover that suits your lifestyle and budget.
InsuranceWhy choose our car insurance?
What level of cover do you need?
Here are the main features of the 2 levels of cover. Full details available in the PDS (PDF 567KB)
Comprehensive Insurance
The highest level of cover we offer for your vehicle which provides cover for fire, theft, accidents, malicious damage and more.
- Accidental loss or damage (including fire or theft)
- New car replacement if your new car (less than two years old from original registration) is a total loss
- Emergency repairs to get you home if your car is involved in an accident, is damaged or stolen (up to $500)
- 30 day car rental if your car is stolen (up to $100 per day)
- Child seat or baby capsule replacement (up to $500)
- Personal effects stolen from your locked vehicle or damaged in an accident (up to $1,000)
- Transportation costs if your vehicle cannot be driven home following an accident
- Towing costs if your car is stolen, damaged by fire or involved in an accident
- Trailer and caravan cover (the lesser of $1,000 or market value)
- Lock re-keying/re-coding (up to $1,000)
- Emergency accommodation and travelling expenses (up to $1,000 if you’re more than 100km away from home)
- Legal liability cover - up to $20 million to pay compensation and associated legal costs for loss or damage caused by your car to another person’s vehicle or property caused by you or someone you’ve authorised to drive your car
Options to tailor your cover
- Removal of basic excess for 1 windscreen replacement and 2 repairs in each period of insurance
- Up to 30 day car rental after an accident (up to $100 per day)
- Tools of trade cover (up to $3,000)
Looking to reduce your premium?
- Select the Named Driver Option# and list all drivers on your policy
Third Party Property Damage Insurance
Third Party Property Damage covers you if you damage someone else’s property and you’re legally liable for the accident.
- Legal liability cover - up to $20 million to pay compensation and associated legal costs for loss or damage caused by your car to another person’s vehicle or property caused by you or someone you’ve authorised to drive your car
- Loss or damage to your car caused by an at fault uninsured driver (up to market value of $5,000)
The Detail
The Detail
Cover is subject to your application for insurance being accepted.
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 into account your personal circumstances. Read the Retail and Business Banking Financial Services Guide, Credit Guide and Privacy Statement. (PDF 301KB), Product Disclosure Statement (PDS) (PDF 567KB) and the Premium, Excess, Discount and Options Guide (PED) (PDF 861KB) to see if this insurance is right for you. Call 1800 825 866.
Important Update for Car Insurance (PDF 188KB)
#In this circumstance, a corresponding excess will apply if a claim is made for an accident when the relevant condition was not satisfied (e.g. an unnamed driver was driving the car at the time of a covered accident).
^Premiums payable by instalments may be subject to minor adjustments due to rounding and financial institution transaction fees may apply.
By clicking on Get a quote you will enter a third party site hosted by Allianz. Any personal information you provide to Allianz’s hosted site will be collected, used and disclosed in accordance with Allianz’s Privacy Statement and Privacy Policy.
Bank of Melbourne’s Privacy Policy is available at bankofmelbourne.com.au or by calling 13 22 66. It covers:
- How you can access the personal information Bank of Melbourne 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 Bank of Melbourne and how Bank of Melbourne will deal with your complaint; and
- 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.