Bank insurance, reviewed: who actually underwrites it
Most bank-branded insurance is underwritten by someone else entirely: the bank sells, a specialist insurer carries the risk. Each review names the underwriter, reads the cover honestly, and says when a direct insurer beats the bank-branded product.
The bank-insurance reviews
Editorial reference only, not a recommendation. Insurance information is general advice and doesn't consider your situation.
Commonwealth Bank
CBA-branded home insurance underwritten by Hollard. What is actually covered, where it sits in pricing, and the honest test for CBA customers comparing it against the broader market.
Read the reviewWestpac
Westpac-branded home insurance underwritten by Allianz. Coverage tiers, pricing positioning, claims service context and the honest test for Westpac customers comparing it against the broader market.
Read the reviewNAB
NAB-branded home insurance underwritten by Allianz. Coverage, pricing positioning, the bank-bundled context and the honest comparison test for NAB customers.
Read the reviewANZ
ANZ-branded home insurance underwritten by QBE. Coverage tiers, pricing positioning, the bundling discount maths and how it compares to the rest of the Big 4 insurance offerings.
Read the reviewRACQ
A Queensland-based member-owned mutual offering home insurance to QLD residents. Member benefits, claims service track record, pricing positioning and where it sits against the broader market.
Read the reviewComparing beyond the banks? Start with the home insurance guide or the car insurance guide.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.