Saturday, 28 January 2012

More is Less When it Comes to Car Insurance

Queensland (PRWEB) May 21, 2009

Youi car insurance research has found that more is less when it comes to car insurance; especially when it comes to the questions asked when providing a quote.


"Most car insurance companies ask very few questions with the aim of giving customers a fast online quote. The problem with this approach is that less questions means the insurer knows less about you and how you use your car," says Youi CEO, Hugo Schreuder.


"At Youi car insurance we ask a few more questions that are specifically about where you park your car during the day and what you do each day. We don't assume that everyone drives to work every day and then parks in a dangerous place. This is what many other insurers assume when they ask only a few questions about your age, address and what you drive," explains Mr Schreuder.


"Our research has found that if someone catches public transport to work, is a stay at home parent or they work from home, they don't fit these assumptions. And chances are they are paying too more for their car insurance because they are answering fewer questions," says Mr Schreuder.


"Why would you spend less time e getting a car insurance quote that makes assumptions that cost you money? Why not spend a little extra time to get a tailor made quote that may save you money? A few more questions may mean less to pay for your car insurance."


Tailor made car insurance quotes are available online at http://www.youi.com.au or by calling 1300 00YOUI (1300 009684).


About Youi Pty Ltd

Youi is an Australian incorporated company authorised and regulated by the Australian Prudential Regulation Authority and holds an Australian Financial Services Licence (316 511). Youi underwrites its own products and is part of the FirstRand Limited group of companies. FirstRand is a large integrated financial services provider operating in the US, the UK, Africa and South America as well as Australia and New Zealand.


Youi is a member of the Insurance Council of Australia and is a signatory to the General Insurance Code of Practice. Youi is also a member company of the Financial Ombudsman Service (FOS) and is bound by their Terms of Reference when handling customer disputes.

For more information: http://www.youi.com.au.


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