fbpx

Beyond Bank Car Insurance

Beyond Bank offers car insurance coverage to protect you and your vehicle, providing peace of mind on the road. Read our review to learn more about its products!  

Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on February 16th, 2024       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

Beyond Bank is a customer-owned Australian bank that offers a wide range of financial services and products. In addition to its banking offerings, Beyond Bank provides a range of insurance services, including car insurance. Underwritten by Allianz, Beyond Bank’s car insurance policies offer a variety of features and benefits to suit drivers’ different needs.

We break down Beyond Bank’s car insurance products in this review so you can understand the options on offer. Find out what is and isn’t covered and the optional extras you can add today!

Disclaimer: all coverage offered by Beyond Bank is subject to the terms and conditions of your policy. Limits and exclusions apply. Please refer to your Product Disclosure Statement (PDS) or contact Beyond Bank if you’re unsure about what is and isn’t covered.

Please note that Savvy does not represent Beyond Bank for its car insurance products. All listed policies, inclusions and limits are correct as of July 2023.

Beyond Bank logo

What car insurance policies are available through Beyond Bank?

Beyond Bank provides the following types of car insurance:

Comprehensive

Comprehensive cover is the most extensive type of car insurance on offer in Australia, protecting you against accidental loss or damage to your vehicle, including theft. Beyond Bank’s Comprehensive plan offers the following inclusions:

  • New for old replacement for vehicles less than 2 years old
  • Accidental death benefit coverage up to $25,000 per period of insurance
  • Child seat or baby capsule coverage up to $500 for any one incident
  • Emergency repairs coverage up to $500 for any one incident
  • Emergency accommodation and travelling expenses coverage up to $1,000 for any one incident
  • Lock re-keying/re-coding coverage up to $1,000 for any one incident
  • Personal items coverage up to $1,000 for any one incident
  • Rental car coverage after theft for up to 30 days with a maximum daily limit of $100
  • Temporary cover on replacement vehicle for up to 14 days
  • Towing coverage for reasonable costs
  • Trailer and caravan cover up to $1,000 or market value, whichever is lesser, for any one claim
  • Transportation costs coverage up to $500 for any one incident
  • Legal liability coverage up to $20 million for any one event or series of events
  • Coverage for all legal costs
  • Supplementary bodily injury liability coverage up to $20 million for any one event
Third Party Property Damage

This is the most basic form of optional car insurance in Australia, designed to cover only damage caused by your vehicle to other people’s property, rather than protecting your own vehicle. Beyond Bank’s policy offers the following inclusions:

  • Coverage for legal liability up to $20 million for any single event or series of events
  • Full coverage for legal costs
  • Supplementary bodily injury liability coverage up to $20 million for any single event
  • Uninsured motorist extension up to $5,000 for any one incident

Are there any optional extras available through Beyond Bank?

Yes – Beyond Bank offers the following optional extras on its Comprehensive policy:

  • Rental car following an accident: up to 30 days coverage with a maximum daily limit of $100
  • Removal of basic excess for windscreen claims: 1 replacement claim and 2 repairs allowed within the insurance period for windscreen, sunroof or window glass
  • Tools of trade coverage: Up to $3,000 for any one incident

The following optional excess is also available to reduce premiums:

  • Unnamed driver excess: $2,500 excess for any one claim

What are some of the pros and cons of buying car insurance through Beyond Bank?

  • Tools of trade option: you can insure your tools for up to $3,000 as an optional extra on Comprehensive plans.
  • Generous rental car provision after theft: you can get a hire car for up to 30 days after your car is stolen.
  • 24/7 online claims: claims can be lodged at any time using Allianz’s online claim form.
  • No TPFT cover: Fire and Theft cover is no longer available on new car insurance policies from Beyond Bank.
  • Less generous baby seat cover: child sets and baby capsules are covered up to $500, less than some other car insurance policies.

Common questions about Beyond Bank car insurance

Can I get any discounts on my Beyond Bank car insurance?

Yes – if you buy a new Comprehensive car insurance policy online, you can get up to 10% off your first year’s premium.

Does Beyond Bank offer roadside assistance?

No – Beyond Bank does not offer roadside assistance as part of its car insurance policies or as a separate service you can subscribe to.

Do I need to list occasional drivers on my car insurance policy?

Although it is not mandatory, if a driver is not listed on your policy and you need to make a claim, you may have to pay a higher excess – especially if they are under 25. However, learner drivers do not need to be listed.

Does Beyond Bank offer any other type of vehicle insurance?

Yes – as well as cars, Beyond Bank can insure your caravan or trailer against loss or damage, and insure your boat.

Helpful guides on car insurance

Car Insurance Banner - Cars parked in a flooded basement

Car Insurance Flood Damage

Understand the type of car insurance you need to protect against flood damage and what to do if your car...

Car Insurance Banner - Man squats and holds his hand to his mouth after a car accident with no insurance.

Car Accident No Insurance

Find out more about what you’ll need to do if you don’t have insurance and get in a car accident,...

Car Insurance Banner - An exterior view of cars driving on a highway.

Unregistered Car Insurance

Find out whether you can cover your unregistered vehicle through Savvy’s informative guide today. Are you looking for insurance coverage...

Car Insurance Banner - Businesswoman looking at her phone while standing outside her car.

How to Change Car Insurance

Find out how to change your car insurance provider and what factors to consider with Savvy. Choosing the right car...

Compare car insurance policies with Compare the Market

Savvy is partnered with Compare the Market to help you compare a range of car insurance policies from a panel of trusted providers.

Explore car insurance options by make

Select your car make and find out how much it may cost to insure, read helpful guides and compare quotes.

Disclaimer:

Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.

Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.

Beyond Bank logo

We'd love to chat, how can we help?

By clicking "Submit", you agree to be contacted by a Savvy broker and to receive communications from Savvy which you can unsubscribe from at any time. Read our Privacy Policy.