GIO Car Insurance
What types of car insurance does GIO offer?
GIO offers a number of car insurance options, including comprehensive cover; fire, theft and third party property damage; and third party property damage only cover.
If you’re unsure about which kind of car insurance is most appropriate for you, or you’d like more information on the differences between the different levels of cover, here’s our guide to the different kinds of car insurance.
Below is further information on GIO’s comprehensive car insurance products.
GIO Comprehensive Car Insurance
GIO’s comprehensive car insurance is its most popular level of car insurance cover and is designed to protect drivers for the cost of damage caused to their car, as well as to other people’s vehicles and property, at the time of writing.
Some of the features offered by GIO Comprehensive Cover at the time of writing include:
- Cover for accidental loss or damage from insured events including hail, storm (including cyclone), flood, fire, theft, collision and impact
- Cover for malicious damage or vandalism
- Cover for legal liability up to $20 million
- Hire car after theft and not-at-fault accident
- Choice of repairer, subject to certain approval and assessment conditions.
- Claims free savings, meaning for every year the policyholder does not make an excess payable claim, GIO will provide a credit on next year’s premium for that car.
In addition, customers can choose to add on the following optional features, potentially at an extra cost:
- 21 days car hire if your car is damaged and cannot be safely driven, is in for repairs or has been stolen
- Windscreen and window glass replacement
- Roadside assistance
- Market value cover, meaning at the time you need to make a claim GIO will insure your car based on its current market value, rather than a value agreed at the time the policy is taken out. GIO says this option may reduce your premium.
Some exclusions, limitations and other terms and conditions may apply to GIO’s car insurance cover, so if you are considering taking out a policy, it’s important to read the product disclosure statement (PDS) and target market determination (TMD) carefully to ensure that the cover is suitable for you.
You can use Canstar’s comparison tables to see how its policy has been rated relative to other providers by Canstar’s expert researchers as part of our most recent Comprehensive Car Insurance Star Ratings.
GIO Platinum Car Insurance
In addition to its Comprehensive cover, GIO offer a Platinum Car Insurance product which offers customers a higher level of cover, including additional features such as:
- Lifetime new car replacement after a total loss, subject to eligibility criteria.
- Hire a car for unlimited number of days after any incidents covered by the policy (up to $100 per day).
- One excess-free glass claim during the period of insurance
GIO Car Insurance FAQs
This article was reviewed before it was published as part of our fact-checking process.