Did you know only 6 insurers are licensed to issue greenslips in NSW? The green slip insurers are AAMI, Allianz, GIO, QBE, NRMA Insurance and Youi. By law, every green slip must offer the same cover. Using the greenslips.com.au calculator, you can compare the cheapest greenslip from all 6 insurers.
6 licensed green slip insurers
The 6 green slip licenses are held by 5 big insurance groups: QBE, NRMA, Suncorp, RMIH and Allianz. Suncorp owns GIO and AAMI and RMIH Group owns Youi.
Other brands do sell greenslips but they act as agents for one of the 6 licensed green slip insurers. No matter how or where you buy your greenslip, it comes from one of these licensed insurers.
| Insurer | AAMI | Allianz | GIO | NRMA Insurance | QBE | Youi |
| Parent | Suncorp | Allianz | Suncorp | IAG | QBE | RMI |
| Other brands | Apia Shannons |
Australia Post Kogan |
AAMI
As at Dec 2020, AAMI had a market share of 24.0% (including GIO). AAMI doesn’t offer further discounts on other products when you buy an AAMI green slip.
| Site | https://www.aami.com.au |
| Phone | 13 22 44 |
| Phone hours | 8am to 10pm, 7 days |
| In person | Not available |
| Quote/purchase online | Yes |
| At-fault driver cover | Not available |
Allianz
Allianz had a market share of 20.5% as at Dec 2020. The insurer recently stopped offering at-fault driver cover on top of its greenslip.
| Site | https://www.allianz.com.au |
| Phone | 13 1000 |
| Phone hours | 8am to 9pm weekdays 8am to 5pm weekends |
| In person | Major motor dealers, brokers and agents |
| Quote/purchase online | Yes |
| At-fault driver cover | Allianz stopped offering Driver Protection Cover on 1 September 2021. Existing policyholders are covered until their policy expires. |
GIO
As at Dec 2020, GIO had a market share of 24.0%, including AAMI. GIO offers 10% multi-policy discounts for 3 or more eligible policies. GIO gives 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 doesn’t apply to fleets or policies issued by GIO Business.)
| Site | https://www.gio.com.au |
| Phone | 13 10 10 |
| Phone hours | 8am to 10pm, 7 days |
| In person | Branches, brokers and agents |
| Quote/purchase online | Yes |
| At-fault driver cover | Not available |
NRMA Insurance
NRMA has the largest market share of the green slip insurers, which was 30.5% at Dec 2020. It has the most extensive branch network and is the only insurer still offering at-fault driver cover. If you bundle your greenslip with other NRMA Insurance products, you receive Loyalty Discounts on certain other insurance products. The more eligible policies you have and the longer you’ve been with NRMA, the greater the discount. (The discount doesn’t apply to commercial policies.)
| Site | https://www.nrma.com.au |
| Phone | 132 132 |
| Phone hours | 7am to 10pm, 7 days |
| In person | 220 branches |
| Quote/purchase online | Yes |
| At-fault driver cover | Yes |
QBE
As at Dec 2020, QBE had a market share of 25.05%. QBE doesn’t offer further discounts on other products or services with the purchase of a QBE green slip.
| Site | https://www.qbe.com |
| Phone | 133 723 |
| Phone hours | 8am to 5pm, weekdays 8am to 1.30pm, Saturday |
| In person | Selected brokers and agents, no payments at QBE branches |
| Quote/purchase online | Yes |
| At-fault driver cover | Not available |
Youi
The sixth insurer is Youi, which entered the green slips market on 1 December 2020. Its market share is yet to be released.
| Site | https://www.youi.com.au |
| Phone | 1300 004 007 |
| Phone hours | 8am to 4pm, weekdays |
| In person | Live chat 8am to 4pm weekdays |
| Quote/purchase online | Yes |
| At-fault driver cover | Not available |
How insurers manage a green slip claim
When choosing a green slip insurer, you might want to know how well it manages green slip claims. greenslips.com.au gathers this information from a SIRA quarterly report on insurer performance. The report covers, for example, how long it takes to process claims, number of complaints, types of disputes and how each insurer compares with the NSW average.
See how well each insurer manages claims.
Make a comparison of at-fault driver cover, discounts and ease of access for purchase.
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