Youi home insurance review

Youi home insurance is slightly more expensive than the national average, but has a good range of benefits

4.1 ★★★★★ (63 reviews) Write a review
Youi Home Insurance

Our verdict

Pros

  • Youi has a high customer satisfaction rating, with local call centres and short wait times.
  • Youi offers a range of customisation options to tailor your policy to you.
  • Up to $1,500 per household member is offered for counselling after a claim, a rare benefit.

Cons

  • Sometimes, you have to call Youi to get a quote, you can't just request and buy online.
  • There's no discount if you buy online, a typical perk from other brands.
  • Some terminology is vague, including "reasonable costs" for home office damage.

Some of You's benefits are the standard amount, including $1,000 for lock replacement and $20 million for legal liability which is the same for the majority of brands. However, Youi outperforms most brands on temporary accommodation cover, with 12% of sum insured offered, compared to the 10% offered by Budget Direct, Bendigo and ING.

Features

Product AUFHO Finder Score Building Cover Contents Cover Fire, Storm & Theft Damage Sum Insured Safeguard
Finder score
Our verdict: Finder’s 2022 Insurer of the Year for Customer Satisfaction and our Top Pick for Fire Damage cover. It’s good if you want a tailored quote over the phone.
Budget Direct Home & Contents Insurance
Best Rated BrandBonusFinder Award Finalist
Budget Direct Home Insurance logo
Finder score
Optional
Our verdict: The most popular insurer on Finder, Budget Direct prioritises low-cost cover and gives you up to 30% off your first year's premium for new combined Home & Contents policies purchased online.
Finder score
Finder score
Optional
Finder score
Our verdict: Strong customer service record and pay monthly at no extra cost. You also get up to $5k for environmentally friendly upgrades if your home is destroyed.
loading

Finder Score - Home and Contents Insurance

Each month, we get crunching on most every home insurance product in Australia to see how they stack up. We rank over 50 products on 16 different features, including price. We end up with a single score out of 10 that helps you compare home insurance a bit faster.

Read full Finder Score methodology

Price

As part of our 2024 awards, our insurance experts researched 45 home insurance brands and got over 400 quotes. This research showed the average cost of home insurance is $2,044, Youi was only marginally higher priced than average at an average of $2,127. There are cheaper home insurance policies available including ahm, Woolworths, and Bankwest, but keep in mind that the best home insurance for you may depend on more than just price.

ProviderAverage costApply
Youi logo$2,126.72
Budget Direct Logo$1,241.44
AAMI Logo$1,125.97
NRMA logo$831.86

Methodology

Richard Whitten's headshot
Our expert says

"I was looking for a cheap and fairly basic contents policy when I was moving. But I had a couple of pricey items I was worried might get damaged in the move. I took out a new policy with Youi and found the whole process quite simple. I was also able to call Youi and get a temporary extras cover on specific items just for the move. This was great for peace of mind and was very easy to sort out. Flexible, tailored cover is so important for insurance. And if the insurer makes it hard, it's time to switch."

Compare Youi's home insurance policies

Product AUFHO Finder Score Building Cover Contents Cover Fire, Storm & Theft Damage Sum Insured Safeguard
Finder score
Our verdict: Finder’s 2022 Insurer of the Year for Customer Satisfaction and our Top Pick for Fire Damage cover. It’s good if you want a tailored quote over the phone.
Youi Building Insurance
Best Rated Brand
Youi Home Insurance logo
Finder score
Our verdict: Finder’s 2022 Insurer of the Year for Customer Satisfaction and our Top Pick for Fire Damage cover. It’s good if you want a tailored quote over the phone.
Youi Contents Insurance
Best Rated Brand
Youi Home Insurance logo
Finder score
Our verdict: Finder’s 2022 Insurer of the Year for Customer Satisfaction and our Top Pick for Fire Damage cover. It’s good if you want a tailored quote over the phone.
loading

Finder Score - Home and Contents Insurance

Each month, we get crunching on most every home insurance product in Australia to see how they stack up. We rank over 50 products on 16 different features, including price. We end up with a single score out of 10 that helps you compare home insurance a bit faster.

Read full Finder Score methodology

Finder Awards badge

Congratulations, Youi!

Youi received the following awards in the 2024 Customer Satisfaction Awards:

  • 'Home Insurance - QLD' - Most Loved Brand (Winner)
  • 'Home Insurance - QLD' - Top Value Brand (Winner)
  • 'Home Insurance - NSW, QLD & VIC' - Legendary Service Brand (Winner)
  • 'Home Insurance - NSW & VIC' - Loved Brand (Highly Commended)
  • 'Home Insurance - NSW & VIC' - Value Brand (Highly Commended)
  • 'Home Insurance - NSW & QLD' - Trusted Brand (Highly Commended)
Full list of 2024 winners

What additional cover options are available?

Youi offers some optional cover options to increase the strength of your policy. Remember, adding these will also increase the cost of your premium.

  • Contents accidental loss or damage - Cover for your belongings against accidental loss or damage, at or away from your home.
  • Buildings accidental damage - Cover your buildings against damage caused accidentaly.
  • Contents in commercial storage - Up to $20,000 to repair or replace items damaged while in commercial storage.
  • Pet injury - Up to $1,000 towards vet fees if your cat or dog is injured due to an accident.
  • Business items - Up to $5,000 to cover business tools lost or damaged in an insured event.

Youi home insurance claims process

You can make a claim with Youi home insurance online, 24/7. If you need help, you can call 139684 to speak with a claims specialist or request a callback.

Youi home insurance complaints information

In the 2022-2023 financial year, AFCA received a total of 304 complaints related to Youi's home insurance and home contents insurance. 82 of those were resolved at the registration and referral stage.

FAQs

Compare other products from Youi

Gary Ross Hunter's headshot
Editor, Insurance

Gary Ross Hunter was 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, The Guardian and news.com.au. Gary holds a Kaplan Tier 2 General Advice General Insurance certification which meets the requirements of ASIC Regulatory Guide 146 (RG146). See full bio

Gary Ross's expertise
Gary Ross has written 644 Finder guides across topics including:
  • Health, home, life, car, pet and travel insurance
  • Managing the cost of living

More guides on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

4 Responses

    Default Gravatar
    judithOctober 10, 2018

    I have been in touch with your office and I was directed to your website to read your statement following the very bad press you have sustained following the investigation currently underway.
    I have not been able to find such a statement . As a consumer f your products this disturbs me greatly.

      AvatarFinder
      JohnOctober 12, 2018Finder

      Hi Judith,

      Thank you for reaching out.

      I understand the inconvenience this has caused you but you have reached finder which is a comparison website and not Youi. If you wish to contact Youi regarding your concern please call them at 1300 852 320 from Monday to Friday 05:00am – 06:30pm
      and Saturdays from 05:00am – 06:30pm. Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    LalithMarch 30, 2018

    I need to get a landlord insurance for my investment property.

      AvatarFinder
      JhezelynMarch 31, 2018Finder

      Hello Lalith,

      Thank you for your comment.

      For landlord insurance on investment property, please refer to the brands listed in the comparison table that you can get quotes from. You can press the “Get a quote” button to be redirected to the insurer’s website where you can get a quotation.

      Please make sure to read the eligibility criteria, features, and details of the policy, as well as the relevant Product Disclosure Statement PDS/T&C’s of the policy before making a decision and consider whether the product is right for you. If necessary, speak to the insurance brand to verify any details.

      Regards,
      Jhezelyn

Go to site