Bank of Melbourne home insurance

What does Bank of Melbourne home insurance cover?

Bank of Melbourne home insurance offers cover for both homeowners, landlords and renters. You can choose from 3 policy types: building insurance, contents insurance, and combined home and contents insurance.

Some main events covered by Bank of Melbourne home insurance include:

Bank of Melbourne home insurance is issued by Allianz Australia Insurance Ltd, which is one of the largest insurance companies in Australia. It offers customers the choice of excess amount, and has a below-average cooling off period of 14 days – the industry standard is 21 days.

Here's the rundown of a Bank of Melbourne home insurance policy

Here's some information on Bank of Melbourne home insurance complaints

Allianz Australia, the brand that underwrites Bank of Melbourne home insurance, was the subject of 765 home insurance complaints and 138 contents insurance complaints in the 2024/25 financial year. However, Allianz Australia is categorised as a "very large" insurer. AAI, another "very large" insurer, received 1,584 home insurance complaints and 384 contents insurance complaints in the same time period.

Frequently asked questions

• How do I make a claim with Bank of Melbourne?

  If something happens to your home or contents, the claims process with Bank of Melbourne is designed to be as quick and easy as possible. All you have to do is follow a few simple steps:

  • • • Advise the police. You should immediately advise the police if anything has been stolen, if your home has been broken into, or if there has been any malicious damage. You also must not allow anyone to repair the property until the insurer has had a chance to inspect it.
      • Submit your claim. You can submit a claim by phoning the insurer or filling out an online form with details of the incident leading to your claim. Alternatively, you can print out and complete a paper claim form and then submit it along with your supporting documentation.
      • Provide important information. You will be sent a letter to confirm your claim and case number, as well as details of any further information or documents you need to provide.

• Does Bank of Melbourne home insurance cover flood?

  Yes, flood is automatically included as an insured event. This is a highlight of a Bank of Melbourne policy since flood cover is usually an optional extra with other brands. Exclusions do apply to the cover, so make sure to review them when making your decision.

• Does it cost more to pay by the month?

  No, there is no additional charge if you choose to pay by the month.

• Am I covered for accidental loss or damage?

  This type of cover is available as an optional add-on to your Bank of Melbourne home insurance policy.

Leave a Bank of Melbourne home insurance review

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Written by

Cristal Dyer

Writer

Cristal Dyer is a travel writer at Finder. She has been writing about travel for over five years and has visited over 40 countries around the world. Cristal currently travels full-time, writing about her favourite cities and food finds, and she is always on the lookout for amazing flight deals to share. See full bio