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.

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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.

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Which policies are eligible for a Multi-Policy Discount?

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.^

Learn more about Building Only 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.^

Learn more about Building Only Insurance

Home

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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.

Learn more about Contents Only Insurance

Contents

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Landlord

If, for example, you’ve got Landlord Home & Contents Insurance for your investment property, and you take out a third eligible GIO policy, you’re eligible^.

Learn more about Landlord Insurance

Landlord

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Comprehensive Car

Comprehensive Car

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Third Party Property Damage Car

Third Party Property Damage Car

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Motorcycle

A motorcycle policy is eligible, regardless of whether it’s:

  • Comprehensive
  • Third Party Property Damage, or
  • Fire, Theft and Third Party Property Damage.

Learn more about Motorcycle Insurance

Motorcycle

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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.

Learn more about Caravan Insurance

Caravan

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Boat

Boat

Boat

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CTP Insurance


Great news! GIO or MAI CTP Insurance counts as an eligible policy towards the discount. So if you have Car Insurance and CTP, you only need one more eligible policy to qualify

CTP or MAI Insurance itself can’t be discounted, but it counts as an eligible policy, so you can enjoy discounts on other eligible policies.

If you’re in the market for a new CTP policy you can easily switch to GIO today!

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Home and Contents combined discount

If you combine your Home Building and Contents Insurance for the same property, you’ll be eligible for a 15% discount — in addition to the Multi-Policy Discount.

As both Home Building and Contents are eligible policies for the Multi-Policy Discount, you’ll also be entitled to that discount if you add a third eligible policy. The Home and Contents combined discount will apply first, then the Multi-Policy Discount will apply to the already discounted premium. 

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How to unlock your Multi-Policy Discount

For Motorcycle, Caravan, or Boat, call 13 10 10.

Existing GIO customers

Log in to GIO Online Services, and choose ‘Get a new quote’.

Other ways to save on your insurance

Online discount

Receive a discount off the premium when you buy your policy online.

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 Comprehentsive Car Insurance, Home & Contents Insurance, Landlord, Building and Contents Insurance.

If you are eligible for more than one discount, we apply any subsequent discount to the already discounted rated premium (usually before adding taxes and charges). Discounts are subject to change without notice. Minimum premiums may apply. Any discount given will be shown on your certificate of insurance. 
*Discount not applicable to Roadside Assist optional cover
^Discounts not applicable to GIO Home Assist, Excess-free Glass or Domestic Workers Compensation optional covers.

Combine any 3 or more eligible policies with GIO and we’ll give you a 10% multi-policy discount. Eligible policies are GIO Home, Contents, Landlord, Car, Motorcycle, Caravan (including trailer) and Boat. 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.

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, Contents, Landlord, Car, Motorcycle, Caravan (including trailer), and Boat.

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. Please contact us if you believe you are eligible for the MPD but it is not shown on your certificate of insurance.

6. The discount is generally applied to the premium before we add taxes and charges. If you are eligible for other discounts (in addition to the multi-policy discount), then generally we apply each additional discount to the already discounted premium. For some of our products a minimum premium applies and the multi-policy discount will not reduce the minimum 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 Comprehentsive 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.^

Learn more about Building Only Insurance

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.

Learn more about Contents Only Insurance

Landlord

If, for example, you’ve got Landlord Home & Contents Insurance for your investment property, and you take out a third eligible GIO policy, you’re eligible^.

Learn more about Landlord Insurance

Comprehensive Car

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.

Learn more about Motorcycle Insurance

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.

Learn more about Caravan Insurance

Boat