{"menuItems":[{"label":"What differences are there between Youi car insurance and AAMI?","anchorName":"#what-differences-are-there-between-youi-car-insurance-and-aami"},{"label":"How do both brands compare?","anchorName":"#how-do-both-brands-compare"},{"label":"What benefits do Youi and AAMI car insurance offer?","anchorName":"#what-benefits-do-youi-and-aami-car-insurance-offer"},{"label":"How do Youi's and AAMI's exclusions compare?","anchorName":"#how-do-youi-s-and-aami-s-exclusions-compare"},{"label":"What companies are the underwriters for AAMI and Youi?","anchorName":"#what-companies-are-the-underwriters-for-aami-and-youi"}]}
Youi comprehensive car insurance offers two, easy-to-understand policies with cover for essentials as well as for lost or stolen keys, counselling services and roadside assistance. AAMI's comprehensive car insurance policy comes with benefits including hire car after an event for unlimited days and plenty of other services covering you for theft, flood and more. To ensure you make the decision that works best for you, we've highlighted their differences below.
What differences are there between Youi car insurance and AAMI?
Some of the main differences between Youi car insurance and AAMI car insurance include the following:
Personal property. When your car is stolen or damaged in an incident covered by your policy, Youi will pay up to $750 ($150/item) for accidental loss or damage to your personal property, such as clothing, electronics and telecommunication devices that were in the car at the time of the incident. AAMI has a slightly higher limit, covering you up to $1,000 in total per incident.
Counselling services. With Youi, you'll get cover for counselling sessions with an accredited counsellor in case you're in an accident. The most it will pay for each claim is $1,500 per household member.
Emergency roadside assistance. Youi includes emergency roadside assistance with its comprehensive car insurance policy. This is an optional extra with AAMI.
Hire car following an incident. You can get a hire car after an event for unlimited days with AAMI, but only as an add-on. You can get a similar add on with Youi but cover will cease after 14 days.
How do both brands compare?
Youi Comprehensive
AAMI Comprehensive Car Insurance
Underwriter
Youi Pty Ltd
AAI Limited
Accidental Damage
Damage to other people's car
Bonuses
No
$50 online discount
Roadside assistance
Yes
Optional
Agreed or market value
Agreed or Market
Agreed or Market
Choice of repairer
Optional
Legal liability
Yes - $20,000,000
Yes - $20,000,000
Fire and theft
Storm
Flood
Hire car after theft
Yes - Limit not mentioned - Up to 14 days
Yes - Reasonable costs - Up to 21 days
Hire car after no fault accident
Hire car after at fault accident
Optional - Limit not mentioned - Up to 14 days
Optional - Up to $90 per day - Until claim is completed
Emergency repairs
Yes - $1,000
Yes - $1,000
Emergency travel and accommodation costs
Yes - $1,000
Yes - $1,000
New car replacement
2 years
2 years
Personal effects/property
$750
$1,000
Locks and keys replacement
Yes - $1,000
No
Emergency repairs
Towing
Trailer cover
$1,500
$1,000
Important
Limits, exclusions and terms and conditions apply. Read the Product Disclosure Statement.
Limits, exclusions and terms and conditions apply. Read the Product Disclosure Statement.
*Always check the PDS on the provider page before making a decision. *To make sure if the product is what you are looking for you, always check the product disclosure statement (PDS).
What benefits do Youi and AAMI car insurance offer?
Here are some of the main benefits available with Youi and AAMI car insurance policies:
Hire car following a not-at-fault car accident: Both automatically provide you with a hire car if an accident with another vehicle causes loss or damage to your car where you are not at fault.
New for old replacement. Both providers will either replace the car or pay the replacement cost of a new one if your car is written off within the first two years.
Emergency repairs. Both cover you for the reasonable costs of emergency repairs to make your car roadworthy or safe, so you can get it to your destination
Accommodation cover. Both will pay the reasonable emergency accommodation costs if your car is not roadworthy or safe to drive and you are more than 100km from your home.
How do Youi's and AAMI's exclusions compare?
Both Youi's and AAMI's general exclusions are similar. For example, both exclude cover for transporting dangerous goods, deliberate acts and driving a damaged car. They also only provide cover for loss or damage that occurs in Australia.
AAMI also does not cover incorrect fuel usage that results in loss or damage to your car. However, Youi's roadside assistance add-on will cover you for towing costs if you use the incorrect fuel.
For towing, Youi does not cover you for any costs associated with towing a car that has a GVM exceeding 3.5 tonnes. AAMI does not specify a weight limit.
What companies are the underwriters for AAMI and Youi?
AAMI is part of the Suncorp Network, which also consists of brands Suncorp, Bingle, GIO, Apia and Shannons. Its car insurance is underwritten by AAI Limited, which is a joint initiative between Suncorp Group and Good Shepherd Microfinance.
Youi Pty Ltd underwrites its own policies and is regulated by the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investment Commission (ASIC). It is part of international insurance provider OUTsurance International Holdings Pty Limited and Rand Merchant Insurance Holdings Group (RMIH).
Why you can trust Finder's car insurance experts
We're free
You pay the same as buying directly from the car insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
We're experts
Our team of car insurance experts have researched and rated dozens of policies as part of our Finder Awards and published 330+ guides to make it easier for you to compare.
We're independent
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of car insurance brands, making it easier for you to find a good deal.
We're here to help
Since 2014, we've helped 300,000+ people find car insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
Gary Ross Hunter is an editor at Finder, specialising in insurance. He’s been writing about life, travel, home, car, pet and health insurance for over 6 years and regularly appears as an insurance expert in publications including The Sydney Morning Herald, news.com.au, The Telegraph, Explore Travel and Escape. Gary holds a Kaplan Tier 1 General Insurance (General Advice) certification and a Kaplan Tier 1 Generic Knowledge certification which meets the requirements of ASIC Regulatory Guide 146 (RG146).
Most car insurance companies are owned by the same parent company and when one phones them, they appear to be utilising the same platforms (phone response and questions asked).
How different are they in reality? Do they share data between each other when the person making the inquiry has also made similar inquiries with another one or more of the companies in the ‘group’?
I believe you’re referring to the same underwriters, but with different insurance brands. Is that correct? It’s true that some insurance companies do share the same underwriters.
If you wish to learn more, it’s best you get in touch with an insurance brand and ask them directly about this, including how they handle customer data.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan and read any disclosure documents (such as any Target Market Determination (TMD) and/or Product Disclosure Statement (PDS)) issued by the provider before making a decision.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
Most car insurance companies are owned by the same parent company and when one phones them, they appear to be utilising the same platforms (phone response and questions asked).
How different are they in reality? Do they share data between each other when the person making the inquiry has also made similar inquiries with another one or more of the companies in the ‘group’?
Hi Peter,
I believe you’re referring to the same underwriters, but with different insurance brands. Is that correct? It’s true that some insurance companies do share the same underwriters.
If you wish to learn more, it’s best you get in touch with an insurance brand and ask them directly about this, including how they handle customer data.
Regards,
James