I've had my merc with GIO for over 4yrs, bought a demo. I dont understand how my car depreciates in value every year and yet my insurance policy go up every year by $500. I am now coming up to 5yrs and my insurance policy is more expensive then when I first bought my car at $4K+. look out for the excess for accidents & voluntary. Plus the level services is beyond poor.
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GIO, or GIO General, is an Australian general insurance provider.