Youi offers COVID-19 home insurance discount

Olivia Gee

30 Jun 2020

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In response to changes in the way Australian’s live and work, Youi is now offering its home insurance customers temporary financial relief.

The insurer will provide a 10% refund on home insurance premiums for new and existing customers for a three-month period. Youi chief executive, Hugo Schreuder said the move was made considering the current reduced risk of home burglary or property damage.

“Because many of our customers are spending more time at home at the moment, their homes are safer,” he said. “So the fair thing to do is to support them as much as possible by passing on our savings to them.”

Youi claims it’s the first insurer to present such an offer. Alongside this announcement, the company has also extended its car insurance premium relief for all new and existing customers. Those driving less due to the pandemic can access a 10% discount on their policies for three months, in addition to the original three-month 15% cashback discount launched in April.

If you’re interested in what Youi has to offer, check out some of their products below.

Promoted

Youi Home & Contents Insurance
  • 2020 Mozo People’s Choice Awards winner*

  • Automatic flood cover

  • Cover for counselling after a traumatic event

This flexible policy covers your home, inside and out, for all life’s unexpected problems. Damage caused by storms, fire, flood and theft is covered as standard, alongside thoughtful inclusions such as up to 12 months of disaster accommodation, removal of debris from your property, and even post-traumatic counselling should you need it after an insured event.

Promoted

Youi Home Insurance
  • 12 months temporary accommodation for you and your pets

  • Cover for home or investment property

Like Youi’s Home & Contents Insurance, this policy covers the building for a wide range of insured events. If you live at the property, you and your pets will be covered for 12 months of temporary accommodation, and clean-up costs will also be sorted. This policy also covers the property if it’s an investment and not your personal residence. 

Promoted

Youi Contents Insurance
  • New for old replacement

  • 24/7 claims service

Like all Youi customers, you’ll be supported around the clock with a 24/7 service line when you take out the Contents Insurance policy. It covers a wide range of belongings automatically, including tech like computers and cameras, and you can opt-in to have things like jewellery and vet cover also included.

* Youi took out Mozo People’s Choice Award wins across five out of six home insurance categories. The wins were in the categories of: Outstanding Customer Satisfaction, Excellent Customer Service, Highly Trusted, Sign-Up Experience and Most Recommended.

Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

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