INSURING YOUR CAR
What rewards can I get for being a safe driver?
GIO Claims Free Savings recognises your years of good driving. It offers you a discount off your Comprehensive Car Insurance premium if you don’t make any claims for which an excess is payable.
A discount is also available for comprehensive boat, caravan and trailer, and motorcycle policies, and is shown on your certificate of insurance as a No Claim Bonus (NCB).
GIO Claims Free Savings explained
For every year you don't make an excess-payable claim, we reward you with a percentage of the premium that you paid as a credit on the renewal of your policy for that car. The longer you keep your policy with us without making an excess-payable claim, the greater the credit — from 5% after one year up to 20% after 15 years+ of continuous GIO Platinum or Comprehensive Car Insurance.
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Protecting your safe driver rewards
The best way to keep enjoying your car insurance rewards is by continuing to be a safe driver. If you make a claim where the driver of your car caused or contributed to the damage, or you can't give us the details of the driver of another car that was at fault, your GIO Claims Free Savings may be affected. Otherwise, your status won't change.
How do claims affect your GIO Claims Free Savings?
"With GIO Claims Free Savings we will take into account your claims history when we calculate your premium. Your GIO Claims Free Savings credit will increase (up to the maximum) on renewal if you haven't made a claim that impacts your GIO Claims Free Savings before we calculate your renewal offer. Your GIO Claims Free Savings credit is determined using the status of claim(s) on your policy when we calculate your renewal premium."
To learn more about how GIO discounts work, check out our policy documents. The ‘Car Insurance Additional Information Guide’ that’s relevant to your policy has more information.
Of course, if you want to keep earning credits, you’ll need to keep your GIO Car Insurance policy renewed. You can manage or renew your policy online or via our automated credit card payment system on 1300 749 658.
Something to note is that if you’re a GIO customer on the old Maximum No Claim Bonus structure, Claims Free Savings won't apply to you. But you have the option to let us know if you want to change this on your next renewal.
To learn more about how GIO discounts work, check out our policy documents. The ‘Premiums, Excesses, Discounts and Claim Payments Guide’ that’s relevant to your policy has everything you need to know.
Read more:
- Are car break-ins covered by insurance?
- Tips to save on car insurance
- Car insurance excess explained
Insurance issued by AAI Limited ABN 48 005 297 807 trading as GIO. Read the Product Disclosure Statement before buying this insurance. Target Market Determination also available. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it.
