Compare our home insurance
An at-a-glance look at how our different policies stack up
| Cover Benefit | |||
|---|---|---|---|
| Fire or smoke (including bushfires1 and grassfires1) |
Yes |
Yes |
Yes |
| Theft or burglary |
Yes |
Yes |
Yes |
| Storm1, cyclone1, or rainwater |
Yes |
Yes |
Yes |
| Flood and/or run-off1 |
Yes |
Yes |
Yes |
| Lightning |
Yes |
Yes |
Yes |
| Water or other liquid damage |
Yes |
Yes |
Yes |
| Earthquake or tsunami |
Yes |
Yes |
Yes |
| Impact damage |
Yes |
Yes |
Yes |
| Accidental breakage of glass or ceramics |
Yes |
Yes |
Yes |
| Vandalism or malicious damage |
Yes |
Yes |
Yes |
| Riot or civil commotion |
Yes |
Yes |
Yes |
| Explosion |
Yes |
Yes |
Yes |
| Alternative accommodation - up to 10% of the total amount insured, plus up to $500 for pet boarding |
Yes |
Yes |
Yes |
| Legal liability cover - up to $20 million |
Yes |
Yes |
Yes |
| Replacement of locks and cylinders - up to $1,000 |
Yes |
Yes |
Yes |
| Contents intended to be kept outside (e.g. a BBQ) - up to $2,000 |
Yes |
No |
Yes |
| Guests', visitors' and domestic helpers' and domestic workers’ property - up to $5,000 |
Yes |
No |
Yes |
| Debris removal - up to 10% of building and/or contents sum insured (as applicable). |
Yes |
Yes |
Yes |
| Rebuilding and professional fees - up to $5,000 |
Yes |
Yes |
No |
| Building modifications for paraplegia and quadriplegia - up to $10,000 |
Yes |
Yes |
No |
| Environmental benefits - up to $5,000 after any government or council rebates |
Yes |
Yes |
No |
| Spoilage of perishable food or medicine of up to total amount insured |
Yes |
No |
Yes |
| Spoilage of perishable food or medicine due to natural disaster - up to $500, nil excess |
Yes |
No |
Yes |
| Optional benefits you can add (extra cost) | |||
| Accidental Damage – includes Motor Burnout |
Yes |
Yes |
Yes |
| Motor Burnout only |
Yes |
Yes |
Yes |
| Portable Contents |
Yes |
No |
Yes |
Understanding your policy
The above table is a summary of each policy's features and inclusions. It is provided as general advice and does not take into consideration your individual needs and circumstances.
For full details of inclusions, exclusions and limits, please refer to the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD). The Building and Contents Insurance Key Facts Sheet (KFS) also contains information you may find useful.
Home insurance explained
Find the answers to frequently asked questions here.
Flood cover is included as standard in all new home insurance policies issued after 14 January 2025. If you took out a policy before this date, you should review your policy documents to check whether it's included.
Some existing high flood risk customers have policies which allow them to opt out of flood cover to lower their premiums. If you are one of them, you should check whether you will retain this option before switching insurance provider.
As with any kind of insurance, it's important to have the right level of cover. When it comes to home insurance, you should be aiming for the total cost of rebuilding your property and replacing its contents. Otherwise, should the worst happen and you're under-insured, you might have to pay the difference out of your own pocket.
Our Home Buildings Replacement Calculator and Home Contents Replacement Calculator can help reduce the chances of this happening by helping you estimate the true cost involved.
The above table illustrates which home insurance policies cover which events. Please refer to the Product Disclosure Statement (PDS) to understand how each insured event and its coverage applies to your risk circumstances.
Applicable to Car, Home, Landlords & Caravan & Trailer Insurance products
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959 AFSL 238317 arranges this insurance as an agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708. Great Southern Bank does not guarantee or otherwise support this insurance product. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Policy terms, conditions, limits, exclusions and underwriting criteria apply. Before making a decision, please consider the relevant Product Disclosure Statement & Target Market Determination available from the Great Southern Bank website or by calling 133 282. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services.
1. Online Discounts (See applicable products below)
Car Insurance Only
The online discount applies when you quote and buy a new Comprehensive Motor Insurance policies only. Any online discounts offered are applied to Allianz’s standard rates, excluding optional covers, and are for the first year’s premium only, unless otherwise stated. Promotional or other discounts may apply from time to time for customers who apply for insurance using other methods.
Home Insurance Only
When you both quote and buy a new home insurance policy online a discount of up to 10% is applied to your first year’s premium. This discount is not applied to Domestic workers’ compensation (if available and selected, not available from 21 December 2025), or upon renewal. Minimum premiums may apply.
Landlord Insurance Only
When you both quote and buy a new Landlord insurance policy online a premium discount of up to 10% is applied to your first year’s premium. This discount is not applied to Landlord workers’ compensation (if available and selected, not available from 21 December 2025), or upon renewal. Minimum premiums may apply.
2. Combined Discounts - Applicable for Home & Contents Insurance products only
A discount of up to 10% is applied to your premium when you combine Buildings and Contents on one Home and Contents Insurance policy, including the optional covers (if selected): Motor Burnout and Accidental Damage cover. The combined discount doesn't apply to any flood component of the premium (where covered) or to the optional covers Portable contents (if selected) and Domestic workers’ compensation (if available and selected, not available from 21 December 2025). Minimum premiums may apply.
3. No Claims Bonus - Applicable for Home and landlords Insurance products only
When you take out a new policy, we calculate your No Claims Bonus (NCB) based on your home or landlord (as applicable) insurance claims history. To qualify for the maximum No Claim Bonus of up to 30%, home insurance customers must have had no Building or Contents insurance claims in the preceding 5 years. Landlord customers must have had no Landlord insurance claims in the preceding 3 years. However, customers who have had claims may still qualify for a reduced No Claim Bonus. We won’t apply the full percentage of the No Claim Bonus if it results in you paying less than the minimum premium.
Home Insurance Only
The No Claim Bonus isn’t applied to the flood component of the premium (if covered) or Domestic workers’ compensation (if available and selected, not available from 21 December 2025) or Portable contents (if selected).
Landlords Insurance Only
The No Claim Bonus isn’t applied to the flood component of the premium (if covered), or Landlord workers’ compensation (if available and selected, not available from 21 December 2025).
4. Minimum Premiums - Applicable for Car, Home & Landlords Insurance products only
Where discounts are applied, your premium is subject to rounding. If more than one discount applies, they’re applied in a predetermined order, so the later discounts apply to the amount already reduced by the earlier discounts instead of the total amount. Discounts do not apply to government taxes and charges. Discounts may not be applied to the premium for optional covers.
Most discounts won’t apply below the minimum amount payable for the policy.
5. Option to change your excess - Applicable for Home & Landlords Insurance products only
Home Insurance Only
Not available with respect to any additional compulsory excess, any imposed excess applied to the policy, or to the Portable contents excess (if Portable Contents is selected). Any reduction in premium won’t be applied to government taxes and charges, any flood component of the premium (where covered), or to the optional covers Portable contents (if selected) and Domestic Workers’ compensation (if available and selected, not available from 21 December 2025). Minimum premiums may apply.
Landlord Insurance Only
Not available with respect to any additional compulsory excess, or to any imposed excess applied to the policy. Any reduction in premium won’t be applied to government taxes and charges, any flood component of the premium (where covered), or to Landlord’s workers compensation (if available and selected, not available from 21 December 2025) and the Theft by Tenant part of the optional cover Rent Default and Theft by Tenant (if selected). Minimum premiums may apply.
6. Instalment premiums - Applicable for Car, Home & Landlords Insurance products only
If you choose to pay your premium by instalments, you do not pay us any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note: Your financial institution may apply transaction fees to instalment payments.
7. 72 Hour exclusion period - Applicable for Home & Landlords Insurance products only
We may not provide cover for any loss of or damage to your property caused by cyclone, flood, flood water combined with run-off and/or rainwater, grassfires and bushfires during the first 72 hours after you first purchase a policy or increase your cover under an existing policy. Refer to PDS for when exclusion periods apply.
8. Earthquake excess - Applicable for Home & Landlords Insurance products only
An additional imposed excess amount of $250 applies for each claim or loss or damage caused by an earthquake or tsunami, or a series of earthquake or tsunamis, during any period of 48 consecutive hours.
9. Rental Car limits - Applicable for Car Insurance products only
Allianz will extend your rental car or daily travel allowance period to the extent that Allianz caused or contributed to the delay in repairing your vehicle.
10. Safe Driver Discount - Applicable for Car Insurance products only
Safe Driver Discount applies to Comprehensive Car Insurance policies only. Any discount entitlement is determined by the insurance history and driving history of all drivers on the policy and the number of claims made by them. If eligible, the maximum Safe Driver Discount that may be applied on new policies is up to 10%. For more information see the Premium, Excess, Discount and Options Guide (PED).
11. Choice of Repairer - Applicable for Car Insurance products only
Allianz may authorise repairs at your repairer of choice; pay you the reasonable costs of repairing your vehicle; or move your vehicle to another repairer we both agree upon. We will act reasonable in doing so.
12. Cover Limits - Applicable to Life Insurance products only
Cover available up to $1,500,000 for persons aged 19-45, up to $1,000,000 for persons aged 46-54, up to $750,000 for persons aged 55-59 and up to $500,000 for persons aged 60-69.
Applicable to Life Insurance products only
Ezicover Life Insurance is issued by Zurich Australia Limited (Zurich) ABN 92 000 010 195 AFSL 232510 of 118 Mount Street, North Sydney, NSW 2060. Zurich has prepared the information on this website about Ezicover Life Insurance and Great Southern Bank is simply passing the information onto you. This information is of a general nature only and does not take in to account your objectives, financial situation or needs. You should consider these factors and the relevant Product Disclosure Statement, the relevant target market determination here, which contains details of conditions, limits and exclusions of cover, before making a decision regarding the product. Great Southern Bank does not recommend, endorse or advise you about this insurance. Great Southern Bank can only refer you to Zurich. If you buy an Ezicover policy, Great Southern Bank will receive a referral commission from Zurich of 20% (plus GST) of your insurance premium. This amount is paid by Zurich and is not an additional cost to you. This information is current as at 27 September 2021 and is subject to change. PDR GCLS-017496-2021