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

24/7 Australia-wide claims service

$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.

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.

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.

LEVELS OF COVER

Compare Third Party Insurance options

Third Party Property Damage

Our standard third party cover.

GET A QUOTE

With Third Party Property Damage Insurance, you’re insured for up to $20 million for damage caused by your car to another person’s vehicle or property. Feel more confident with the knowledge that this includes emergency services clean-up costs, as well as damage caused by property falling or being loaded or unloaded from your car.

You are also covered for damage caused to your car by an uninsured driver who is at fault (up to $5,000).

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.

Third Party Property Damage Insurance plus extra cover for fire and theft.

GET A QUOTE

Receive all the essentials and confidence that come with our standard third party insurance, plus cover for fire and theft, which includes emergency repairs if your car’s stolen or damaged by fire. And if the incident was more than 100 km from home we’ll also pay for reasonable emergency accommodation costs if the car’s not roadworthy or safe to drive.

Rest assured, a hire car that meets your needs is available for up to 21 days if your car has been stolen – we’ll also insure the hire car against accidental loss and damage. Towing and storage costs are also covered if your car is damaged in an incident and considered not roadworthy or safe to drive.


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

Multi-Policy Discount

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

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REVIEWS

What our customers are saying

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

Multi-Policy Discount

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.