Bankwest Car Insurance


Bankwest logo

Bankwest provides personal and business products including home loans, credit cards and savings accounts. It also offers car insurance and home insurance through its partner CommInsure.

What types of car insurance does Bankwest offer?

Bankwest offers comprehensive cover, third party property damage cover, and third party property damage plus fire and theft car insurance.

Bankwest’s comprehensive car insurance covers a range of insured events including collision or impact damage, theft, malicious damage, fire, hail and flood.

Bankwest’s third party property damage car insurance includes legal liability cover for damage to other people’s property by your vehicle up to $20 million in total and up to $5,000 for damage from an uninsured driver. 

Bankwest’s third party property damage, fire and theft cover provides legal liability cover and cover for your vehicle if it’s damaged by fire or theft.

Canstar does not currently compare Bankwest car insurance, but you can compare other car insurance providers on our database:

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What additional features does Bankwest offer on their car insurance products?

Bankwest’s comprehensive car insurance offers extra benefits such as hire car after theft and emergency repairs. In addition, Bankwest says you can add optional extras such as hire car following an incident (such as collision, storm, hail or flood damage), no excess for glass damage and no claim discount protection (this rewards you with a discount if you have not make a claim in previous years). You may be required to pay an additional premium if you choose to add these optional extras.

Bankwest’s third party property damage car insurance offers additional benefits such as liability for damage caused by a substitute vehicle and temporary cover for a replacement vehicle (up to 14 days).

Bankwest’s third party property damage, fire and theft cover includes additional benefits such as towing and storage costs and temporary cover for a replacement vehicle (up to 14 days).

Read Bankwest’s product disclosure statement (PDS) for full product details and to find out about the terms and conditions that may apply.

Target Market Determinations for Bankwest products are available on Bankwest’s website.

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Bankwest car insurance FAQs

Bankwest allows you to choose between either an agreed value or market value, depending on the type of insurance cover you choose. If you’re not sure which one would be best for your vehicle specifically, here’s an article which explains the difference between market value and agreed value.

First, consider comparing car insurance policies with Canstar to find a product that suits your needs, bearing in mind that Canstar currently does not rate Bankwest’s car insurance.

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After comparing policies, if you choose to go with Bankwest, you can get a car insurance quote through its website. Consider reading Bankwest’s PDS carefully before committing – this is also available via the provider’s website.

Bankwest gives you the option of adding an additional basic excess for a reduced premium on its comprehensive car insurance. Bankwest currently lets you choose an additional basic excess of between $100 to $1,000.

Your excess may affect the cost of your insurance premiums – a higher excess will typically result in a lower premium, while a lower excess will typically result in a higher premium.

You can lodge a claim by calling Bankwest’s partner CommInsure. You can also email CommInsure at to follow up on an existing claim.

To make a claim, Bankwest says you’ll need:

  • The name, address and phone numbers of any drivers involved in the accident
  • The registration number of any other vehicles involved in the accident
  • The name and address of any witnesses
  • Information about your entitlement to GST credits, if relevant

Consider comparing car insurance policies before simply renewing the same policy, so that you continue to get the cover you need as well as value for money.

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Typically, your insurer will send you a notice of renewal before your policy expires. This will set out whether it will offer you renewal and on what terms.

Bankwest was founded in 1895 by the Western Australian government to provide loans to farmers. In 2008, it joined the Commonwealth Bank Group. Bankwest’s insurance products are offered in partnership with CommInsure.

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Written by: Tamika Seeto | Last updated: March 5, 2020