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Updated April 2026

GWM Car Insurance in Australia

Compare GWM car insurance estimates from Australian providers. Whether you drive a Cannon ute, Tank 300, Tank 500, or Ora electric hatchback, find the right cover at the right price - comprehensive, third party, or fire & theft.

Last reviewed: 10 April 2026
Highest Rated Featured Provider

AAMI

4.2 / 5

AAMI is one of Australia's most popular car insurance brands and now covers a growing number of GWM vehicles on Australian roads. Their new car replacement benefit is particularly relevant for this fast-growing Chinese brand.

Comprehensive & third party options
Safe Driver Rewards program
Agreed value available
New car replacement (if under 2 years)
Windscreen & glass cover
24/7 claims and roadside assist

GWM Car Insurance in Australia - What You Need to Know

GWM (Great Wall Motor) is one of the fastest-growing Chinese automotive brands in Australia, offering a rapidly expanding range of vehicles from utes and rugged SUVs to electric hatchbacks. The GWM Cannon ute has been a particular success, competing on price and features with established players like the Toyota Hilux and Ford Ranger. The Tank 300 and Tank 500 off-road SUVs have also attracted strong interest from Australian buyers.

From an insurance perspective, GWM vehicles sit in the mid-range for insurance costs in Australia. While they are generally more affordable to purchase than Japanese and Korean equivalents, insurance premiums can vary depending on the insurer's experience with the brand and the availability of claims data. As GWM's Australian presence grows rapidly, parts availability and service network coverage continue to improve.

Most major Australian insurers - including AAMI, Allianz, Budget Direct, NRMA, and Youi - offer cover for GWM vehicles. See our full Australian car insurance comparison for more.

Key Insurance Considerations for GWM Owners in Australia

  • Fastest-growing Chinese brand: GWM is one of Australia's fastest-growing vehicle brands, with increasing insurer familiarity and improving claims data year on year
  • 5-star ANCAP safety: The GWM Cannon has achieved a 5-star ANCAP safety rating, helping keep premiums competitive
  • Growing dealer network: GWM's Australian dealer network is expanding rapidly, improving parts availability and reducing repair times for insurance claims
  • Ute market competition: The GWM Cannon competes directly with established utes at a lower price point, keeping insured values and premiums competitive
  • Ora EV option: The Ora electric hatchback offers an affordable EV option in Australia - check for battery cover in your insurance policy
  • Tank off-road SUVs: The Tank 300 and Tank 500 are larger, higher-value off-road SUVs that sit in higher insurance groups due to their price and size

GWM Insurance Costs by Model

Estimated annual comprehensive insurance costs for GWM models in Australia. Based on a 30-year-old driver with a clean record in a Sydney suburb.

Model Type Approx. Value (Used) Est. Comprehensive/yr Insurance Group Notes
GWM Ora Electric Hatchback $32,000-$45,000 $750-$1,100 Mid Affordable EV. Check for EV battery cover and EV-specific policy terms.
GWM Cannon Ute $32,000-$55,000 $700-$1,100 Mid Popular ute competing with Hilux and Ranger. Good value for money.
GWM Tank 300 Mid-size SUV $48,000-$65,000 $850-$1,250 Mid-High Rugged off-road SUV. Higher value pushes premiums up vs the Cannon.
GWM Tank 500 Large SUV $58,000-$78,000 $950-$1,450 Mid-High Full-size luxury off-road SUV. Highest insurance costs in the GWM range.

Disclaimer: All prices shown are indicative estimates based on publicly available data and typical driver profiles as of early 2026. Actual premiums vary based on your vehicle, location, driving history, and chosen cover level. These figures are not quotes. Always obtain a personalised quote from the insurer directly. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.

Types of Insurance Cover for Your GWM

Choose the right level of protection based on your GWM's age and value.

Third Party Only

From ~$170-$380/yr

Covers damage you cause to other vehicles or property. Your GWM is not covered. May suit older GWMs worth under $5,000.

  • Third-party property damage
  • Your GWM - accidents
  • Your GWM - theft
  • Cheapest option

Third Party, Fire & Theft

From ~$320-$550/yr

Adds fire and theft protection for your GWM. Worth considering for GWMs worth $5,000-$15,000 where replacement cost matters.

  • Third-party property damage
  • Your GWM - accidents
  • Your GWM - theft
  • Your GWM - fire

What Affects Your GWM Insurance Premium

Understanding these factors can help you find cheaper GWM insurance in Australia.

🚗

GWM Model & Variant

A GWM Cannon ute is cheaper to insure than a Tank 500. The Ora EV has additional battery-related considerations that may affect premiums.

👤

Your Age & Driving History

Drivers under 25 pay considerably more. Over-25s with a clean licence and no-claims discount history get the best GWM insurance rates.

📍

Your Australian Postcode

Premiums in Sydney and Melbourne are typically higher than in regional postcodes. Hail-prone areas attract additional loading on comprehensive policies.

🔒

Security Features

GWMs with factory immobilisers, alarms, or aftermarket GPS tracking can attract lower premiums. Ute owners should also secure the tray with a lockable canopy.

No-Claims Discount

Maintaining a claims-free record can significantly reduce your GWM premium. Most Australian insurers offer NCD protection options.

🔧

Vehicle Use

If you use your GWM Cannon for commercial work, you may need a commercial vehicle policy. Recreational-only use is typically cheaper to insure.

Tips to Save on GWM Insurance in Australia

Practical ways to reduce your GWM insurance premium without sacrificing cover.

1

Compare Multiple Australian Providers

GWM premiums can vary between insurers, especially as some have more experience with Chinese brands than others. Use insurancecompared.com.au to check at least 3 providers.

2

Increase Your Excess

Raising your excess from $500 to $800 can save 10-20% on your GWM premium. Only do this if you can afford the higher excess when claiming.

3

Pay Annually

Most Australian insurers charge a loading for monthly instalments. Paying annually can save 5-10% on a typical GWM policy.

4

Declare Correct Usage

If your GWM Cannon is used privately only, make sure your policy reflects this - commercial use policies cost more. But never understate your actual usage.

5

Bundle With Home or Contents

Insure your GWM alongside your home or contents insurance with the same provider. Multi-policy discounts of 5-15% are common.

6

Park Off-Street and Secure Your Tray

Garaging your GWM overnight can lower premiums. For the Cannon ute, fitting a lockable canopy or tonneau cover protects against theft of tools and contents.

GWM Theft & Safety in Australia

Key facts about GWM vehicle security and safety performance in Australia.

🔒 GWM Theft Risk in Australia

GWM vehicles are relatively new to the Australian market, so specific theft data is still building. Modern GWMs come with factory immobilisers and smart key systems. Ute trays remain vulnerable to theft of accessories and tools. Check the National Motor Vehicle Theft Reduction Council for current vehicle crime statistics.

  • Modern GWMs include factory immobilisers and smart key systems
  • Cannon ute owners should secure tools and accessories in the tray with a lockable canopy
  • Garaging overnight can lower premiums and protect against hail damage
  • Aftermarket alarms and GPS trackers offer additional security and may reduce premiums

⭐ GWM Safety Ratings (ANCAP)

GWM has been investing heavily in safety credentials for the Australian market. Strong ANCAP ratings can positively influence your insurance premium.

  • GWM Cannon (2021+): 5-star ANCAP rating
  • GWM Tank 300: Tested with solid safety results
  • GWM Ora: Strong safety technology for its segment
  • Most current GWM models feature advanced driver assistance systems including AEB

GWM Insurance FAQs

Common questions about insuring your GWM in Australia.

How much does GWM car insurance cost in Australia?
GWM car insurance in Australia typically costs $650-$1,300 per year for comprehensive cover, depending on the model, your age, postcode, and driving history. The Cannon ute sits at the lower end (~$700-$1,100/yr), while the Tank 500 is at the higher end (~$950-$1,450/yr).
Is GWM a reliable brand for insurance purposes?
GWM is still building its long-term track record in Australia. Insurers base premiums on factors including vehicle value, ANCAP safety ratings, repair costs, and claims history. As GWM has less Australian claims data than established brands, some insurers may price cover more conservatively initially.
What type of insurance should I get for my GWM?
For newer GWMs worth over $15,000, comprehensive insurance is worth considering. For GWM Cannon utes used for work, make sure your policy covers commercial use if applicable. Third party fire & theft may suit older, lower-value GWMs.
Are GWM parts available in Australia?
GWM's parts network in Australia is growing rapidly alongside their expanding dealer network. Parts are generally more affordable than Japanese equivalents, though some specialist components may take longer to source than for established brands like Toyota or Ford.
Do I need commercial insurance for my GWM Cannon?
If you use your GWM Cannon for business purposes - trade work, deliveries, or carrying tools and equipment - you may need a commercial vehicle policy. Always declare the correct usage to avoid having a claim declined.
Should I get agreed value or market value for my GWM?
For newer GWMs, agreed value is worth considering. As a newer brand in Australia, RedBook market values may be less predictable. Agreed value locks in your payout amount and protects against unexpected depreciation.
Is the GWM Ora EV expensive to insure?
The GWM Ora typically costs $750-$1,100/yr for comprehensive cover. As an EV, it is important to check that your policy includes battery cover, as battery replacement can be costly. The Ora is one of the more affordable EVs to insure in Australia.
Do I need CTP insurance as well for my GWM?
Yes. Compulsory Third Party (CTP) insurance is mandatory for all registered vehicles in Australia and covers injury to other people. CTP is separate from comprehensive car insurance.

Disclaimer: The information on this page is for general informational purposes only and does not constitute financial advice. While we strive for accuracy, insurance products, pricing, and terms change regularly. Always verify details directly with the insurer before making any decisions. If you need personalised advice, consider consulting a licensed financial adviser. For more information, visit MoneySmart (ASIC). Disputes can be referred to AFCA.

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