This matter is a group proceeding (class action) commenced by Glenda Walker brought on behalf of customers who entered into car loans with Toyota Finance, obtained via dealer arrangements between 1 January 2010 and 5 October 2021. The car loans facilitated the payment of premiums for add-on insurance products underwritten by the insurance underwriter.
It is alleged that the add-on insurance policies were inappropriately sold to Walker and to group members, that they were of little value or worthless and were misrepresented to consumers as being mandatory rather than optional or were not disclosed at all.
Such conduct is alleged to give rise to an entitlement to relief under:
- ss 76 and 77 of the NCCP Act as unjust transactions
- misleading or deceptive conduct in breach of s 1041H of the Corporations Act and/or s 12DA(1) of the ASIC Act
- unconscionable conduct in breach of s 12CB of the ASIC Act
- inappropriate advice in breach of ss 961B and 961G of the Corporations Act
- and an entitlement to claim for restitution.
If you are, or you think that you may be a group member, you should read the documents below carefully. The definition of a "group member" is set out in the Notice.
The Notice (a copy of which is below) contains important information about your rights to:
(1) opt out of the proceeding; or
(2) do nothing.
If you do not want your rights determined by the class action you must opt out by 4:00pm (AEST) on 26 August 2026.
To opt out, you must either:
- complete the online opt out form; or
- complete the opt out form found at Schedule A of the Notice and return via email or post to the address on the notice for the Registry of the Supreme Court of Victoria.
For further information about opting out, please refer to the Notice to Group Members.
If you do nothing, your rights will be determined by the outcome of the Class Action. This means if there is a settlement reached, or a judgment made by the Court in favour of the Plaintiff, you may be eligible for compensation.
Further Amended Defence filed by the:
- Second Defendant on 22 June 2026; and
- First Defendant on 26 June 2026.
Amended Class Action Summary and Funding Information Statement filed on 9 June 2026 in the Toyota Add-On Insurance Group Proceeding (Class Action)
Third Further Amended Statement of Claim filed by the Plaintiff on 22 May 2026 in the Toyota Add-On Insurance Group Proceeding (Class Action).
Orders of M Osborne J made on 24 February 2026 to remove the First and Second Plaintiffs in the Toyota Add-On Insurance Group Proceeding (Class Action)