GIO Car Insurance

GIO car insurance

GIO is a provider of car insurance, boat insurance, motorcycle insurance, caravan insurance, home insurance, life insurance, travel insurance, business insurance, and workers’ compensation.

“It’s a trust thing.”

Policy Options: What GIO car insurance covers

The inclusions below represent a selection of what is covered. Additional conditions may apply to different features. CANSTAR is not making any suggestion or recommendation to you about this product.  Please ensure that you read the product disclosure statement to determine all the current policy options and inclusions for the product you are considering.

Platinum (similar to other providers’ Comprehensive Plus policy)

  • Liability cover for damage to other people’s vehicles and property up to $20 million.
  • Coverage of loss or damage to your car including from accident, fire, storm or flood, malicious acts and vandalism, up to agreed value.
  • Coverage of damage to your car caused by an uninsured driver.
  • Coverage of theft or attempted theft of your car.
  • No excess for no-fault accident claims where details of the person at fault are provided.
  • Coverage of emergency repairs, and emergency travel and accommodation if you were more than 100km from home and the car is not roadworthy or safe to drive, up to $500.
  • Choose your own repairer or visit a GIO assessment centre repairer.
  • Lifetime guarantee on repairs.
  • Coverage of taxi costs to and from GIO assessment centre or other repairer, some exclusions apply.
  • New-for-old replacement if your car is stolen or written off, regardless of the age of your car (must be first registered owner).
  • Coverage of the cost of a hire car after accident or theft, up to $90/day for unlimited days.
  • Coverage of reasonable towing costs and cost of storing your car from time of lodging claim to time of settlement.
  • Personal property in your car covered for damage or theft if your car is damaged or stolen, up to $500.
  • Damage or theft of a two-wheel trailer attached to your car is covered up to $1,000.
  • The cost of replacing car keys and recoding locks is covered, up to $1,000.
  • One excess-free windscreen or window glass claim.
  • Optional cover for roadside assistance.

Comprehensive

  • Liability cover for damage to other people’s vehicles and property up to $20 million.
  • Coverage of damage to your car including from accident, fire, storm or flood, malicious acts and vandalism, up to agreed value.
  • Coverage of damage to your car caused by an uninsured driver.
  • Coverage of theft or attempted theft of your car.
  • No excess for no-fault accident claims where details of the person at fault are provided.
  • Coverage of emergency repairs, and emergency travel and accommodation if you were more than 100km from home and the car is not roadworthy or safe to drive, up to $500.7-day repair guarantee: Car will be repaired within 7 days if you can (safely) drive it to a GIO assessment centre after your claim is approved. If car not repaired within 7 days, cost of a “compact” hire car will be covered. Flood and hail damage claims excluded.
  • Choose your own repairer or visit a GIO assessment centre repairer.
  • Lifetime guarantee on repairs.
  • Coverage of taxi costs to and from GIO assessment centre or other repairer, some exclusions apply.
  • Coverage of a hire car (“compact” car) for up to 14 days after theft, and the option for optional coverage of a hire care after accident up to $90 a day, for up to 14 days.
  • New-for-old replacement if your car is stolen or written off within its first 2 years and you are the first registered owner.
  • Coverage of emergency repairs, and emergency travel and accommodation if you were more than 100km from home and the car is not roadworthy or safe to drive, up to $500.
  • Coverage of reasonable towing costs and storing your car from time of lodging claim to time of settlement.
  • Personal property in your car covered for damage or theft if your car is damaged or stolen, up to $500.
  • Damage or theft of a two-wheel trailer attached to your car is covered up to $1,000.
  • The cost of replacing car keys and recoding locks is covered, up to $1,000.
  • Optional cover for roadside assistance.
  • Optional cover for one excess-free windscreen or window glass claim.
  • At time of writing, a 10% discount for buying comprehensive policy online.

Third Party, Fire and Theft

  • Liability cover for damage to other people’s vehicles and property up to $20 million.
  • Coverage of theft or attempted theft of your car, up to agreed value.
  • Coverage of damage to your car from fire, up to agreed value.
  • Coverage of damage to your car caused by an uninsured driver, up to $5,000.
  • Coverage of emergency repairs, and emergency travel and accommodation if you were more than 100km from home and the car is not roadworthy or safe to drive, up to $500.
  • Lifetime guarantee on repairs.
  • Taxi costs to and from GIO assessment centre or other repairer, some exclusions apply.
  • Coverage of reasonable towing costs and storing your car from time of lodging claim to time of settlement.
  • Coverage of a hire car after theft (“compact” car), for up to 14 days.
  • Personal property in your car covered for theft or damage from fire, up to $500.
  • The cost of replacing car keys and recoding locks is covered, up to $1,000.
  • At time of writing, a 10% discount for buying policy online.

Exclusions:

  • No choice of repairer.

Third Party Property Damage

  • Liability cover for damage to other people’s vehicles and property up to $20 million.
  • Damage to your car caused by an uninsured driver, up to $5,000.
  • Liability cover for damage to other people’s vehicles and property when you’re driving a substitute car that doesn’t belong to you because your car cannot be driven, for up to 14 days.
  • Lifetime guarantee on repairs.
  • Taxi costs to and from GIO assessment centre or other repairer, some exclusions apply.

Policy Benefits: Why choose GIO Insurance

  • Online discount: You can get a quote online in just 4 minutes. You can get a 10% discount for buying a comprehensive policy online.
  • Loyalty discounts: GIO offers a 10% family discount on Platinum and Comprehensive policies for those under 25 whose parents hold a GIO Platinum or Comprehensive Car Insurance policy, and a 10% multi-policy discount on all policies if you have 3 or more insurance policies with them.
  • Claims process: GIO Insurance lets you make a claim online, and they also have a 24/7 phone helpline for claims.
  • Premium cost-reducing measures: You can specify an age restriction on drivers to reduce your premium. You can also choose a higher excess to reduce your premium, for Platinum and Comprehensive policies.

About GIO Insurance

GIO was founded as the Government Insurance Office in 1927, to provide workers’ compensation insurance previously managed by the NSW Treasury Insurance Branch. The ownership of GIO changed in 2001 when it was bought by Suncorp, and in 2013 when it was bought by AAI Limited.

GIO have some great TV ads – it was hard to pick just a few to show you. Their 1986 classic song and 1983 “Oh my goodness, the chips” are classics that can only be matched by the 2006 “Bye Bye House“. Our modern favourites advertise GIO’s different levels of car insurance and home insurance – because they know your family is “anything but average”.

How GIO supports the community

  • Disability: GIO supports Youngcare so young people with a disability can have a fulfilling life with other young people in age-appropriate care; Wheelchair Sports NSW to help Aussies have fun and stay healthy after a life-changing event; and TAD NSW to design and build affordable home modifications and mobility aids for people with a disability.
  • NSW Rugby League: GIO is a sponsor of the league, the State of Origin team, and the Schoolboy GIO Cup competition.

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 Written by: TJ Ryan