Which insurers offer greenslips in NSW?

Only 6 insurers are licensed to sell greenslips in NSW. They are AAMI, Allianz, GIO, QBE, NRMA Insurance and Youi. By law, every green slip must offer exactly the same cover. You can compare the cheapest greenslip from all 6 insurers by using the greenslips.com.au Calculator.

Six licensed green slip insurers

Five large insurance groups own the 6 licensed greenslip insurers:

Brands like Apia or Shannons also sell greenslips but act as agents for one of the 6 licensed insurers. No matter who sells your greenslip, it comes from one of these licensed insurers.


AAMI

As at Dec 2022, Suncorp has a market share of 24% (AAMI and GIO combined). AAMI doesn’t offer further discounts on other products when you buy an AAMI green slip.

Allianz


Allianz had a market share of 21.0% as at Dec 2022. The insurer no longer offers at-fault driver cover on top of its greenslip. It doesn’t offer further discounts on other products or services when you buy an Allianz greenslip.

GIO

As at Dec 2022, Suncorp has a market share of 24% (AAMI and GIO combined). If you have 3 or more eligible policies, GIO offers 10% multi-policy discounts. GIO offers a $50 discount off your comprehensive insurance premium if you have a maximum no claim discount and you hold a GIO green slip. (This discount does not apply to fleets or policies issued by GIO Business.)

NRMA Insurance

NRMA has the most extensive brand network and the largest market share, which was 28.5% at Dec 2022. You can receive Loyalty Discounts on certain other insurance products if you also have an NRMA Insurance greenslip. The more eligible policies you have and the longer you are with NRMA, the greater the discount. (The discount doesn’t apply to commercial policies.) It is the only insurer that still offers at-fault driver cover on top of its greenslip (but not for motorbike riders).

QBE

As at Dec 2022, QBE had a market share of 23.0%. QBE doesn’t offer further discounts on other products or services when you buy a QBE greenslip.

Youi

The sixth insurer is Youi, which started selling green slips on 1 December 2020. Its market share was 2.5% at December 2022. Youi doesn’t offer further discounts on other products or services when you buy a Youi greenslip.

Other ways to choose an insurer

One way to choose a insurer is to see how well it would manage a greenslip claim. greenslips.com.au takes this information from a SIRA quarterly report on insurer performance. The report compares each insurer with the NSW average, for example, how long it takes to process claims, number of complaints, and types of disputes.

Other ways to choose an insurer are to make a comparison of at-fault driver cover, discounts and ease of access for purchase.

Compare every greenslip insurer now.