If you’re after flexible home and contents insurance cover with a range of generous features, then the Youi Home & Contents Insurance policy is definitely one to consider. The policy will cover you for a range of major natural disasters, as well as theft, burglary and vandalism.
Youi Home and Contents Insurance will provide cover not only for a variety of events like storms, fire and theft but also for less likely disasters such as an earthquakes or explosions. The policy even includes cover for any loss or damage caused by flooding, just as long as it’s not due to oceanic activity, rising damp or water runoff.
What’s included under the 'building insurance' component of your policy:
This policy insures the structure of your home against disaster, but keep in mind, landscaping is not covered. If your house is damaged due to one of these events, your policy also includes cover for the cost of emergency repairs and clean-up fees (up to 20% of the sum insured).
If you’re unable to live in your house following damage to your home, the policy will also cover the costs for your temporary accommodation for up to 12 months (up to 12% of the sum insured) and up to $3,000 for pet accommodation.
What’s included under the 'contents insurance' component of your policy:
When it comes to everything in your house, Youi Home and Contents Insurance covers things like carpets, curtains, sport equipment and wheelchairs. You can also opt to include cover for things like jewellery and work tools, though remember it will bump your premium up.
If you work from home, it's important to note that home office equipment and any stock you’re storing at your home aren’t covered by this policy. Some business items can be covered as an optional extra (up to $5,000) but you'll need to discuss this with Youi before taking out the policy.
Other optional extras include cover for accidental loss and damage to your home and belongings, as well as vet costs for the furry residents of the household.
While Youi Home and Contents insurance allows you to choose your excess level to help reduce your premium, paying your premium in monthly instalments will cost you extra. There is also no underinsurance cover with this policy, so make sure you value your home and everything in it correctly or it’ll be money out of your pocket to cover remaining costs for anything that's been undervalued.
If you’re looking to bundle insurance for your home, contents and beyond with a flexible policy that allows you to pick and choose cover to keep costs down, then Youi Home and Contents Insurance just might be the pick for you.
While you can choose to pay your Youi Home and Contents Insurance premium in instalments, keep in mind it will cost you extra.
n/a
No
Yes
$400
true
n/a
n/a
Yes
Optional Extra - Yes
Up to lesser of 10% sum insured or $20,000
Up to $20,000,000
n/a
n/a
Optional Extra
Yes
Yes
Yes
Yes
Yes
Yes
Up to 10 years old
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
Up to $1,000
No
Yes
No
No
Yes, excludes electronic files
Yes
Yes
Yes
Yes
Yes
Optional Extra, choose $0 to $100,000
No
No
No
Yes
Optional Extra, up to $1,000 per item , up to $5,000 in total
No
Optional Extra, up to $1,000 per item , up to $5,000 in total
Up to $5,000 for funeral, up to $5,000 for injury
Optional Extra, up to $1,000.
Up to $500
Up to 12 months, up to 12% of sum insured
Up to 12 months, up to $3,000
Up to 10% sum insured.
Up to 20% of sum insured combined with demolition and professional fee costs.
Up to 20% of sum insured combined with debris removal and professional fee costs
Yes
Up to 14 days
Up to 20% of sum insured
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).
I like this company. I had a claim just twelve days ago on my home due to storm damage and the response to this was fantastic.
Read full reviewI like this company. I had a claim just twelve days ago on my home due to storm damage and the response to this was fantastic.
Yet to make a claim with Youi but all contact I have had with them has always been pleasant and helpful. I would definitely recommend.
Read full reviewYet to make a claim with Youi but all contact I have had with them has always been pleasant and helpful. I would definitely recommend.
Easy to deal with.
Read full reviewEasy to deal with.
They were very quick and easy to set up and seemed to be fairly priced compared to their competitors. However i don't think they policy as as robust as some other companies and I feel come time to claim it might not be as easy as a more costly and widely known option.
Read full reviewThey were very quick and easy to set up and seemed to be fairly priced compared to their competitors. However i don't think they policy as as robust as some other companies and I feel come time to claim it might not be as easy as a more costly and widely known option.
When we went to Youi we save approximately more than $1,000 for the same level of cover as our previous provider. They have been consistently the lowest to date. In these times where my income was severely affected they have been a blessing. They even gave us some additional relief when I lost more than 50% of my income. I'm staying with them.
Read full reviewWhen we went to Youi we save approximately more than $1,000 for the same level of cover as our previous provider. They have been consistently the lowest to date. In these times where my income was severely affected they have been a blessing. They even gave us some additional relief when I lost more than 50% of my income. I'm staying with them.
