What types of car insurance does Youi offer?
At the time of writing, Youi offers the following car insurance policies:
- Comprehensive: the most extensive form of car insurance cover, which provides coverage for damage to your own car, as well as to other people’s vehicles and property. Comprehensive policies are also generally the most expensive form of optional cover.
- Third party fire and theft: covers your own car if it’s damaged by fire or stolen, as well as providing cover for damage you cause to other people’s vehicles and property.
- Third party property damage: provides coverage for damage you cause to other people’s cars and property. Third Party Property Damage is the most basic and generally cheapest form of optional car insurance.
Youi also offers these types of insurance policies for motorcycles, caravans, and trailers (such as camper or boat trailers).
If you’re unsure about which type of car insurance is most appropriate for you, or you’d like more information on the differences between the levels of cover, here’s our guide to the different types of car insurance in Australia.
What does Youi’s comprehensive car insurance cover?
Youi’s comprehensive policy provides the usual comprehensive car insurance coverage including:
- Damage to your car caused by driving-related accidents
- Damage to your car from natural disasters such as storms and hail, floods, earthquakes, or fires
- The driver’s legal liability in an at-fault accident where damage is done to other people’s property
- Funeral expenses paid to your estate if the driver dies in an accident (provided the driver had your explicit permission to drive your vehicle)
- Theft and malicious damage to your car, including vandalism
- Towing and storage costs after an insured event
- Personal transport after an insured event where your car could no longer be safely driven
- Counselling costs incurred from an insured event
- Temporary replacement cover if you sell or give away the vehicle registered under your policy
- Loss or damage to contents inside the car as a result of an insured event
- Loss or damage to a baby seat, window tinting, towbar and personalised registration plates as a result of an insured event
- Replacement or recode fees for stolen car keys
- Hire car after theft or not-at-fault accidents
- Unbraked trailer for its market value up to a set amount
- Roadside assistance free of charge for the first two callouts.
Youi also offers optional covers that you can add on top of its comprehensive car insurance policy, including cover for damaged business items, campervan/motorhome contents and reduced excess for windscreen claims.
Keep in mind that features usually have sub-limits, which restrict the maximum amount you can claim.
What's not covered by Youi car insurance?
The following scenarios and issues are generally excluded, even in comprehensive car insurance policies:
- Damage, loss, theft or other events caused by reckless behaviour, including racing
- Unlicensed, unlisted or restricted drivers
- Drivers under the influence of alcohol or drugs
- Unregistered vehicles
- Vehicles used commercially (e.g. Uber or for food delivery)
- Vehicles in an unroadworthy or unsafe condition
- Vehicles with undisclosed modifications
- Normal wear and tear, engine failure, mechanical or structural breakdowns, etc.
For more detail on what is and isn’t covered under Youi’s comprehensive car insurance, read the Product Disclosure Statement (PDS) or contact Youi directly.
You can also compare car insurance policies using the table above. The table allows you to filter for things such as Star Ratings, providers, features and cover options.
How are Youi car insurance premiums calculated?
There are a variety of factors that may affect the cost of your car insurance premiums.
According to Youi, the following factors are considered when calculating your premium quote:
- Your car’s details such as make, model, and condition.
- Your details, including the type of licence you have and your driving and claims history.
- The address and security of where your car is parked, such as whether it’s undercover or on the street.
- What your car is used for (personal or business).
- Any other listed drivers’ details.
- The claims excess you choose. If you opt for a higher excess, you may receive a lower premium in return. It’s important to keep in mind that you would need to pay that higher excess amount if you needed to make a claim.
- The value your car is covered for. The more expensive your car is to replace, the higher your premiums will be. Whether you choose to insure your vehicle for its market value or an agreed value will also affect your insurance premium.
Does Youi offer discounts for its car insurance?
Although there are no discounts on offer at the time of writing, Youi may have discounts and special offers from time to time.
Youi advises that if any discounts or special offers are available, the details will be on its website, including the terms and conditions and eligibility criteria.
