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Great Southern Bank Car Insurance

Great Southern Bank offers drivers in Australia a choice of car insurance policies to cover them on the road. Read our review to learn more about its products!  

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, updated on February 16th, 2024       

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Great Southern Bank is a financial institution that offers a range of banking services to individuals and businesses. Formerly known as CUA, it has been serving customers for more than 70 years, providing various banking products, including insurance. Backed by Allianz, Great Southern Bank’s car insurance offers drivers a choice of cover wherever they are in Australia.

In this review, we take a look at Great Southern Bank’s car insurance options to give you an understanding of what’s on offer. Learn about the different types of insurance it offers, what is and isn’t covered and the optional extras you can add today!

Disclaimer: all coverage offered by Great Southern 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 Great Southern Bank if you’re unsure about what is and isn’t covered.

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

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What car insurance policies are available through Great Southern Bank?

Great Southern Bank provides the following types of car insurance:

Comprehensive

Comprehensive car insurance offers the most extensive level of cover, protecting you against accidental loss or damage to your vehicle. Great Southern Bank’s Comprehensive policy offers the following inclusions:

  • New-for-old replacement of vehicles less than 2 years old
  • Up to $25,000 accidental death benefit per insurance period
  • Up to $500 coverage for child seat or baby capsule for any one incident
  • Up to $500 emergency repairs coverage for any one incident
  • Up to $1,000 coverage for emergency accommodation and traveling expenses for any one incident
  • Up to $1,000 lock re-keying/re-coding coverage for any one incident
  • Up to $1,000 coverage for personal items for any one incident
  • Up to $100 per day, up to 30 days rental car coverage after theft
  • Up to 14 days of temporary cover on your replacement vehicle
  • Coverage for reasonable towing costs
  • Up to $1,000 or market value (whichever is lesser) coverage for trailer and caravan for any one claim
  • Up to $500 transportation costs coverage for any one incident
  • Up to $20 million legal liability coverage for any one event or series of events
  • Coverage for legal costs
  • Up to $20 million supplementary bodily injury (liability) coverage for any one event or series of events
Third Party Property Damage

This is the most basic form of optional car insurance available in Australia. Great Southern Bank’s Third Party Property Damage insurance is designed to cover damage caused to other people’s property by your vehicle but not damage to your own vehicle. Its policy has the following inclusions:

  • Up to $20 million legal liability coverage for any one event or series of events
  • Coverage for legal costs
  • Up to $20 million supplementary bodily injury (liability) coverage
  • Up to $5,000 in uninsured motorists extension coverage

Are there any optional extras available through Great Southern Bank?

Yes – Great Southern Bank offers the following optional extras on its Comprehensive car insurance plan:

  • Rental car following an accident: up to 30 days, at a maximum of $100 per day
  • Removal of basic excess for windscreen claims: 1 replacement claim and 2 repairs for windscreen, sunroof or window glass
  • Tools of trade coverage: up to $3,000

The following optional excess is also available for Comprehensive cover to decrease your premium:

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

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

  • 24/7 claims: you can make a claim online at any time using Allianz’s online claims form.
  • Generous rental car provision: on Comprehensive plans, you can get a rental car for up to 30 days after your car is stolen.
  • Accidental death benefit: if you die within 12 months of injuries sustained as a result of an accident, your estate will receive $25,000.
  • No Fire and Theft cover: Great Southern Bank no longer offers TPFT cover as an option on its car insurance plans.
  • Limited child seat cover: cover for baby capsules and child seats on Comprehensive policies is capped at $500.

Common questions about Great Southern Bank car insurance

Does Great Southern Bank offer CTP insurance?

No – Great Southern Bank doesn’t offer any Compulsory Third Party (CTP) insurance in any state or territory of Australia. Check your state or territory government’s website to find out what your CTP options are.

How do I make a claim on my Great Southern Bank car insurance?

Claims can be lodged 24/7 using Allianz’s online claim form, which can be accessed via the Great Southern Bank website. You can also call Allianz on its dedicated claims line to begin the claims process.

Does Great Southern Bank offer roadside assistance?

No – Great Southern Bank does not offer roadside assistance either as a part of its car insurance plans or as a separate service you can subscribe to.

Does Great Southern Bank offer any other type of vehicle insurance?

Yes – Great Southern Bank also offers caravan and trailer insurance to protect against accidental loss or damage to your caravan or trailer.

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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.

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