IMB Bank Home & Contents Insurance

IMB Bank is a provider of home and contents insurance, internet banking, home loans, car insurance, credit cards, life insurance, savings accounts, travel insurance and other investment products.

Compare IMB Bank home and contents insurance

Here’s a snapshot of IMB Bank home and contents insurance policies for policy holders aged below 50 years, whose total claimable amount is below $550K in New South Wales. To compare other home and contents insurance policies, click here.

 

Compare Home & Contents Insurance

What do IMB Bank home and contents insurance policies cover?

IMB Bank lets you choose from home insurance, contents insurance or a combined home and contents insurance policy. All come with several bonuses such as discounts and extra benefits for combined cover, as well as fast policy access.

Home insurance

IMB Bank home insurance covers you for:

  • Some of the costs of rebuilding including demolition, surveyor, architect and legal fees
  • Natural disasters and extreme weather
  • Accidental breakage, theft or vandalism
  • Motor burnout
  • Accommodation costs
  • Glass breakage
  • Damage from a riot or civil commotion
  • 20% discount for over 55s who are no longer working full time

Contents insurance

IMB Bank contents insurance covers:

  • Theft, loss or damage of items including furniture, household goods, electrical appliances, furnishings, clothing and personal belongings
  • Damage due to extreme weather
  • Accidental damage
  • Specified items away from home, anywhere in Australia and New Zealand

 Compare Home & Contents Insurance

IMB Bank FAQs

Building insurance covers any part of your house that is permanently fixed and not intended to move, such as your walls and roof, and even the light on your front porch. Contents insurance covers all the items within your house that are not permanent fixtures, i.e. you could move them between houses. Find out more about home and contents insurance here.

As a renter, you don’t need home insurance because your landlord should have insurance for the building you live in, and if you live in a unit/apartment or townhouse, the body corporate is legally required to have building insurance for the building. But you should certainly get contents insurance to protect your own possessions. Many providers offer specialised renters’ insurance policies.

For landlords, a better option than home insurance is landlord insurance. Landlord insurance covers you for the same things as a home insurance policy, but with several important additions to cover you against risks from your tenants.

Depending on your choice of cover, IMB Bank landlord insurance may cover repairs for damage caused by your tenants, or your legal fees if you need to sue tenants who are not paying rent. Compare landlord insurance here:

Compare Landlord Insurance

If you have a recent and accurate estimate for the value of your home and contents, then it’s often a good idea to insure up to that particular sum to get your exact money’s worth. If you don’t have an accurate idea of the above value, then you could insure for a complete replacement to give yourself peace of mind. Find out how much home insurance you need and how much contents insurance you need.

You can make an insurance claim by calling IMB Bank’s phone hotline on 133 462, and one of its dedicated customer service representatives will help you through the claims process.

After this, the claims team will determine if a claims assessor would be required to visit your home regarding repairs and replacements.

Different insurers have different claims processes, so make sure to compare different home insurance claim apps that will make your life easier.

IMB Bank has been around since 1880, providing financial services for over 130 years. It is the longest existing building society in New South Wales, and the third largest building society in the country.

Having started in Wollongong, IMB Bank now has branches across NSW, ACT and Victoria, and provides services for 180,000 members. IMB Bank has also established the IMB Community Foundation to invest in more than 550 community projects.

Certain IMB Bank home loans received a 5-Star Rating from Canstar in our 2017 Star Ratings. See our home loans comparison pages for details:

 Compare IMB Bank Home and Contents Insurance

Secure Home Elite Home & Contents

Canstar Research
Rating:
Award: Outstanding Value Home Insurance

New South Wales

< $550K

2017 Star Ratings Report

Written by: Regina Collins | Last updated: