GIO Insurance
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We have had Home and Contents insurance…
We have had Home and Contents insurance for over 40 years with GIO. Unfortunately, since Suncorp took over their premiums have skyrocketed. They no longer show good will to long standing customers. Our premium this year has increased by $629.00. I asked for a reduction and the only way for this to happen was to increase my excess and to lower the value of the house by $100.000. By doing this, the reduction would be a lousy $204.75. Insurance is due today. I will pay it but take advantage of the 10 day cooling off period to shop around for a better deal. 5h Reply GIO Insurance · Hi there Rosalie. We appreciate your concerns with the increase of your premium and can understand how this must have come as a shock. We would love the opportunity to look into this further for you. Please send us a private message with your details. - Eliza No resolution from GIO - just a justification for their price increases. Shareholders and profit come before long standing customers.