This refers to Home Building policies. If you have a combined Home & Contents Insurance policy, that counts as two, so a third policy — for example, your Car Insurance — would mean you’re eligible.*
Multi policy discount
Combine any 3 or more eligible policies with GIO and we’ll give you a multi-policy discount of 10%. So if you’re a GIO customer, or thinking of becoming one, you can save on reliable coverage from a trusted insurer.
How does the Multi-Policy Discount work?
If you have two eligible GIO policies, then you take out a third — you’ll save 10% with a multi-policy discount. The discount will apply on the third policy when you take it out, and on the first two when they’re up for renewal, assuming you’re still eligible.
The policies should all have the same policy holder’s name on them nominated as an insured, with the same date of birth and a common mailing address.
TAKE CONTROL OF YOUR POLICY
Which policies are eligible for a Multi-Policy Discount?
Home
Home
This refers to Home Building policies. If you have a combined Home & Contents Insurance policy, that counts as two, so a third policy — for example, your Car Insurance — would mean you’re eligible.*
Contents
This refers to Contents Only policies. If you have a combined Home & Contents Insurance policy, that counts as two, so a third policy — for example, your Car Insurance — would mean you’re eligible.
Contents
Comprehensive Car
Just add Comprehensive Car Insurance to any two other eligible policies, and you’ll qualify for the discount.*
Comprehensive Car
Motorcycle
A motorcycle policy is eligible, regardless of whether it’s:
- Comprehensive
- Third Party Property Damage, or
- Fire, Theft and Third Party Property Damage.
Motorcycle
Caravan
If you’ve got a GIO Insurance policy for your caravan, trailer or horse float, as well as the car towing it — that’s two eligible policies.
Caravan
Boat
Both Comprehensive and Third Party Property Damage Boat policies are eligible for the Multi-Policy Discount.
Boat
Both Comprehensive and Third Party Property Damage Boat policies are eligible for the Multi-Policy Discount.
Third Party Property Damage, Fire and Theft
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CTP Insurance
Great news! GIO NSW CTP and ACT MAI Insurance each count as an eligible policy toward the discount. So if you have Car Insurance and CTP or MAI Insurance, you only need one more eligible policy to qualify.
CTP and MAI Insurance can’t be discounted, but they each count as an eligible policy, so you can enjoy discounts on other eligible policies.
If you’re in the market for a new CTP Green Slip you can easily switch to GIO today!
Get a NSW Green Slip quote
NSW CTP Insurance
ACT MAI Insurance
Other ways to save on your insurance
Combine any 3 or more eligible policies with GIO and we’ll give you a 10% multi-policy discount. Eligible policies that qualify for the MPD are: Home Building, Home Contents, Landlord Property, Landlord Contents, Car, Motorcycle, Caravan (including trailer) and Boat Insurance. Where applicable, an eligible policy includes any level of cover selected for that policy type. A GIO NSW CTP Green Slip and a GIO ACT MAI insurance policy count as eligible policies, but the premium for these policies cannot be discounted.
1. To qualify for the 10% multi-policy discount (the MPD) you must have 3 or more eligible paid personal insurance policies with AAI Limited trading as GIO. There must be a common mailing address and the person(s) seeking the discount must be nominated as an insured with the same name and date of birth on each eligible policy.
2. The eligible policies to qualify for the MPD are GIO Home Building, Home Contents, Landlord Property, Landlord Contents, Car (all levels of cover), Motorcycle (all levels of cover), Caravan (including trailer) or Boat Insurance (all levels of cover).
3. GIO NSW CTP or GIO ACT MAI Insurance count as eligible policies, but you will not receive the MPD on the CTP or MAI Insurance premium as these cannot be discounted due to regulatory requirements. Discounts not applicable to Roadside Assist, GIO Home Assist, Excess-free Glass or Domestic Workers Compensation optional cover(s).
4. Subject to the exception in 5, if you take out a new policy which means you then qualify for the MPD, the MPD will apply to that policy immediately but on your other existing eligible policies, the MPD applies from the next renewal date after you qualify, provided you still qualify.
5. Notwithstanding 4, if you become eligible for the MPD around the time your other policies are due for renewal, the MPD may not have been applied to the renewing policies because the renewals were generated before you were eligible for MPD. Please contact us if you believe you are eligible for the MPD on your renewal but it is not shown on your certificate of insurance.
6. If you’re eligible, the discount is applied to the premium prior to taxes and charges being added. Should other discounts (in addition to the MPD) be applicable, then we will apply each further discount to the already discounted premium.
GIO reserves the right to vary or discontinue our MPD at any time and without notice.
Increase your excess
This will mean that, while your monthly or yearly premium may be cheaper, you'll need to pay a higher amount if you make a claim where you're liable to pay an excess.
Eligible policies include Comprehensive Car Insurance, Home & Contents Insurance, Landlord, Building and Contents Insurance.
Home
This refers to Home Building policies. If you have a combined Home & Contents Insurance policy, that counts as two, so a third policy — for example, your Car Insurance — would mean you’re eligible.*
Contents
This refers to Contents Only policies. If you have a combined Home & Contents Insurance policy, that counts as two, so a third policy — for example, your Car Insurance — would mean you’re eligible.
Landlord
Comprehensive Car
Just add Comprehensive Car Insurance to any two other eligible policies, and you’ll qualify for the discount.*
Third Party Property Damage Car
Motorcycle
A motorcycle policy is eligible, regardless of whether it’s:
- Comprehensive
- Third Party Property Damage, or
- Fire, Theft and Third Party Property Damage.
Caravan
If you’ve got a GIO Insurance policy for your caravan, trailer or horse float, as well as the car towing it — that’s two eligible policies.
Boat
Both Comprehensive and Third Party Property Damage Boat policies are eligible for the Multi-Policy Discount.
Third Party Property Damage, Fire and Theft
Just add Third Party Property Damage Car Insurance to any two other eligible policies, and you’ll get qualify for the discount.
