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We understand that your investment property is probably an important part of your financial future. That's why our Investor Home & Contents Insurance has been designed with property investors in mind. GIO Insurance is available in NSW, ACT, VIC, WA & NT. For full details about our Investor Insurance, please refer to our Investor Home & Contents Insurance Product Disclosure Statement(PDS) (PDF, 517KB). These features of Investor Home & Contents Insurance are available to new customers from 1 July 2008 and to existing Home & Contents Insurance customers upon renewal. |
Key features of GIO Investor Home & Contents Insurance
| Feature | Description |
|---|---|
| Cover for Insured Events | You are covered against loss or damage as a result of 12 Insured Events. Some of these include:
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| Automatic flood cover | From 1 July 2008, all new and existing Home & Contents Insurance customers will have our automatic flood cover for all types of flood caused by rain. Click here to learn more about our flood cover. |
| Eco-friendly insurance features | We will pay up to $2,500 of the net cost of installing a rainwater storage solution or solar powered heating facility when we rebuild or repair your home when at least 80% of your home is damaged by an insured incident.
When we replace new for old, we replace your damaged white goods with ones of equal specification that have a minimum 3 star energy rating, even if your item originally had a lower rating. |
| Extra cover for your home | Safety Net gives you extra home cover. If your home is damaged by an insured incident and the repair or replacement cost exceeds the sum insured, we will if necessary pay up to an extra 25% of your home sum insured to repair damage, replace your home or pay you what it would cost us to repair or replace your home. |
| Lifetime Guarantee on home repairs | For peace of mind, GIO guarantees the quality of materials and workmanship of home repairs that we authorise and arrange for the lifetime of your home. |
| Additional features at no extra cost | GIO includes a number of Additional Features at no extra cost, such as:
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| No claim forms | There are no claim forms to fill in when you make a claim - simply call us and we will manage this process for you. |
| Choose to make one annual payment, or to pay by the month |
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Optional Covers for Investor Home & Contents Insurance
Tailor your Insurance cover to suit your needs with the choice of 3 Optional Covers, such as:
| Cover | Description |
|---|---|
| Motor burnout | You will be covered for the burning out or fusing of household electric motors less than 11 years old, which are part of the insured Home or Contents. |
| Accidental damage | We will cover you for accidental loss or damage at the insured address such as your tenant accidentally dropping a heavy saucepan onto your kitchen tiles (Home cover) or accidentally spilling a bottle of red wine on your carpet (Contents cover). (not available for tenanted homes) |
Discounts and ways to save on your policy
There are a number of different ways you could save money on your premium.
- Combine your Investor Home and its Contents onto one policy and save 15% off the combined premium
- Choose a higher excess to reduce your premium
- You may be eligible for a Multiple Policy Discount if you have other insurance products with us
Next Steps - Investor Home & Contents insurance
- Get an Investor Home & Contents insurance quote online or call 13 10 10
- If you already have a quote, you can apply online for cover
- Find out about insurance perils in your suburb with our Postcode Profiler
- Make a claim
Important Information
Product Disclosure Statement
Investor Home & Contents Insurance is issued by GIO General Limited ABN 22 002 861 583. Please read the relevant Product Disclosure Statement and any Supplementary Product Disclosure Statement (PDF, 517KB) before you make any decisions regarding any of these products. Contact us for a copy.
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These features of Investor Home & Contents Insurance are available to new customers from 1 July 2008 and to existing Home & Contents Insurance customers upon renewal.
Queensland, South Australian and Tasmanian residents
GIO provides insurance in NSW, ACT, VIC, WA & NT. GIO does not currently provide insurance in Queensland, South Australia and Tasmania.
- In Queensland you can apply for insurance cover with Suncorp Metway Insurance Limited (Suncorp) (GIO's parent company).
- In South Australia you can apply for cover with RAA Insurance Limited (RAA) (a joint venture between RAA and Suncorp).
- In Tasmania you can apply for cover with RACT Insurance.