Provides you, or someone you authorise to drive your car, with up to $20 million to pay compensation and the associated legal costs for loss or damage your car causes to another person's vehicle or property.
Third Party Car Insurance
With GIO Third Party Property Damage Insurance, you know you’re covered for up to $20 million damage caused by your car to other vehicles and property. That’s 20 million reasons to feel confident and secure on the road.
OVERVIEW
What is Third Party Property Damage Insurance?
Third Party Property Damage Insurance is a type of car insurance that gives you a basic level of cover for damage caused by your car to another person’s vehicle or property.
Consider Third Party Property Damage Insurance or feel even more assured by upgrading to GIO’s Fire, Theft and Third Party Damage Insurance, which covers fire, theft and additional covers, such as emergency repairs.
It’s useful to know that Third Party Property Damage Insurance is non-compulsory and shouldn’t be confused with Compulsory Third Party Insurance, which is a government requirement for all registered vehicles. Compulsory Third Party Insurance is also known as CTP or Green Slip in NSW. In ACT, CTP is known as Motor Accident Injuries (MAI) Insurance.
Know what's covered
LEVELS OF COVER
Compare Third Party Insurance options
What’s the difference between Third Party Property Insurance and CTP?
Third Party Property Damage Insurance is optional and provides assurance and cover if you need to pay for damage your vehicle causes to another person’s vehicle or property. In comparison, Compulsory Third Party (CTP) Insurance – also known as Green Slip Insurance in NSW and Rego in ACT, is mandatory and covers your liability and the liability of anyone else who drives your vehicle, for injuries caused to others in a motor accident.
WHY GIO
Reasons to choose GIO
24/7 Claims
Claim at any time online or over the phone. You can also track the progress of your claim online.
Lifetime repair guarantee
We offer a lifetime guarantee on authorised repairs.
Established in 1927
We’ve been a trusted insurer for over 95 years
Third Party
Ways to save
10% multi-policy discount*^
You'll be eligible for a 10% multi-policy discount if you hold three or more eligible policies with us. These include Home Building, Contents, Landlord, Car, Motorcycle, Caravan or Boat Insurance. A GIO NSW CTP Insurance policy or GIO ACT MAI Insurance policy will count as an eligible policy, but the premium for these policies cannot be discounted. View T&Cs
Increase your excess
You’re in control of how much you pay or save when you buy or renew your insurance premium. With a range of excess options to choose from, the more you increase your excess the lower your premium will be.
Save 10% First Year Online Discount*
Get 10% Off Your First Year When You Buy Online!*
FAQs
People also ask
If your number plate changes, please contact GIO as soon as possible.
Learner drivers are automatically insured to drive your car under supervision and there is no need to list them on your policy while they are driving with a learner’s licence.
We cover legal accessories and modifications fitted to your car, with a few exceptions.
Important information
*If you’re eligible for more than one discount, we apply them in a pre-set order to the discounted premium, before government taxes and charges.
^Discount not applicable to GIO Roadside Assist, GIO Home Assist, Excess-free Glass or Domestic Workers Compensation optional covers.
#Market value option is available to new policies purchased on or after 5th August 2021 or renewing policies on or after 8th September 2021.
$20 million legal liability
Provides you, or someone you authorise to drive your car, with up to $20 million to pay compensation and the associated legal costs for loss or damage your car causes to another person's vehicle or property.
Third party property damage for caravans and trailers
Covers damage your caravan or trailer causes to another person’s vehicle or property when being towed by your car.
Damage by uninsured drivers at fault
If a vehicle driven by an uninsured driver damages your car, and the driver of your car didn't contribute to the accident (this means that the other driver was entirely at fault), and you can provide us with the name, address and registration details of the person at fault, you'll be covered for reasonable costs of repair to your car, but no more than $5,000 for any one incident.
24/7 Claims
Claim at any time online or over the phone24 hours a day, 7 days a week. You can also track the progress of your claim online.
Lifetime repair guarantee
If we authorise the repairs, we guarantee the quality of the materials and workmanship for the life of the car. If a defect arises as a result of faulty materials or workmanship, even if you no longer own it, we’ll rectify the problem.
Towing and storage costs
When your car is damaged by fire or theft and it is not roadworthy or safe to drive, we cover the reasonable cost of:
- one tow to get your car from the scene of the incident to:
- our nearest repairer;
- another location nominated or agreed by us;
- storing your car.
For full details, see the PDS.
10% multi-policy discount*^
You'll be eligible for a 10% multi-policy discount if you hold three or more eligible policies with us. These include Home Building, Contents, Landlord, Car, Motorcycle, Caravan or Boat Insurance. A GIO NSW CTP Insurance policy or GIO ACT MAI Insurance policy will count as an eligible policy, but the premium for these policies cannot be discounted. View T&Cs
Save 10% First Year Online Discount*
Get 10% Off Your First Year When You Buy Online!*
Increase your excess
You’re in control of how much you pay or save when you buy or renew your insurance premium. With a range of excess options to choose from, the more you increase your excess the lower your premium will be.